Business

Type One Energy announced on May 27 that it had successfully completed the first formal design review of Infinity Two, which is based on the world’s only implementable, peer-reviewed physics basis for a fusion power plant recently published by the prestigious Journal of Plasma Physics. The Infinity Two design is progressing in support of a […]

Government officials in Estonia announced the country will initiate a spatial planning process and an environmental impact assessment for construction of the country’s first nuclear power plant.

AES Corp. announced the company has entered into two long-term power purchase agreements (PPAs) to support tech company Meta’s data centers. The deal announced May 21 is for 650 MW of generation from solar projects that AES is bringing online in Texas and Kansas, serving the Southwest Power Pool market.

The Federal Energy Regulatory Commission’s (FERC’s) 2025 Summer Energy Market and Electric Reliability Assessment has forecast higher wholesale electricity prices this summer in most regions. The assessment, published May 15, notes that if normal operating conditions prevail, all regions of the country will have adequate generating resources to meet expected summer demand and operating reserve […]

As the world transitions toward renewable energy sources, geothermal power has emerged as one of the most promising, yet underutilized, options in the clean energy portfolio. Unlike solar and wind, geothermal offers consistent baseload power generation capacity without intermittency challenges, making it an increasingly attractive component in the renewable energy mix. The geothermal sector has […]

Fluence Energy, a global group that delivers intelligent energy storage systems, services, and asset optimization software, announced the start of production at a new manufacturing facility in Goodyear, Arizona. The facility that opened May 20 will produce enclosures made with U.S. steel and battery management system (BMS) hardware for Fluence’s grid-scale energy storage systems.

A fleet of 100 Huaneng Ruichi autonomous electric mining trucks, the first of its kind in the world, has officially entered operation at the Yimin open-pit mine in Inner Mongolia, China. Powered by a 5G-Advanced (5G-A) network, the mine became the world’s first open-pit mine to achieve large-scale vehicle-cloud-network synergy, which has greatly improved production […]

Global mining giant Rio Tinto said it will invest $1.2 billion to modernize a hydroelectric power plant in Quebec, Canada. The company on May 15 said the project is part of its bid to secure future aluminum production in the Canadian province. The money will pay for upgrades to the Isle-Maligne hydropower plant, which was commissioned in 1926 in Alma, Quebec.

New transmission lines will help meet power needs this summer. Con Edison will energize newly constructed transmission lines in Brooklyn and Staten Island this month, helping to keep service reliable when the demand for power rises and challenges the electric delivery system. The underground cables, which represent a combined investment of $505 million, will provide […]

TESCO Metering is proud to announce its recognition as one of the first manufacturers to achieve certification in the National Electrical Manufacturers Association’s (NEMA’s) new Make It American program. As a pilot partner in the program, TESCO is helping set the benchmark for domestic manufacturing compliance under the Build America, Buy America Act (BABA)—reinforcing its longstanding […]