Business

PJM, the largest grid operator in North America, has launched a multiyear partnership with tech giant Google and its Alphabet X moonshot Tapestry to streamline PJM’s grid interconnection process using artificial intelligence (AI) tools. The companies said the effort could significantly improve planning and decision-making as grid pressures intensify. Under the initiative, announced on April […]

As the presidential inauguration loomed on the horizon in January this year, the U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) published a “year-in-review” article, highlighting accomplishments from 2024 and looking ahead to the future. It noted that the previous four years had been the most productive in the LPO’s history. “Under the Biden-Harris […]

At bauma 2025, touted as the world’s leading trade fair for construction machinery, building material machines, mining machines, construction vehicles, and construction equipment, which was held at the exhibition center in Munich, Germany, April 7–13, 2025, GEDA presented itself under the motto “UNLIMITED SOLUTIONS.” The slogan launches a clear message: GEDA offers a tailored solution […]

In a critical step aimed at bolstering advanced reactor development and their domestic nuclear fuel readiness, the U.S. Department of Energy (DOE) has issued its first round of allocations for high-assay low-enriched uranium (HALEU) under its HALEU Availability Program to five American nuclear developers. On April 9, the DOE said it made conditional commitments to […]

Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility’s first large-scale battery energy storage project.

As traditional utilities embrace decentralization, the journey requires more than just adopting new field technologies. According to McKinsey’s Global Energy Perspective 2024 report, the global energy transition is entering a new phase of rising costs, complexity, and increased technology challenges. This transition requires not only technological solutions, but also a comprehensive strategy. McKinsey notes that significant […]

Advanced reactor developer X-energy and global materials science company Dow have submitted a construction permit application (CPA) to the U.S. Nuclear Regulatory Commission (NRC) for a first-of-its-kind small modular reactor (SMR) project at Dow’s Union Carbide Corp. (UCC) Seadrift Operations in Calhoun County, Texas. The filing marks a major step forward for the much-watched commercial-scale […]

Seven major U.S. grid operators have raised a unified alarm about an impending capacity crunch, warning that the pace and scale of explosive demand—including from data centers, manufacturing, and electrification—pose a precarious misalignment with accelerating generator retirements and transmission constraints. At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, the […]

The Tennessee Valley Authority (TVA) has for many years been evaluating emerging nuclear technologies, including small modular reactors, as part of technology innovation efforts aimed at developing the energy system of the future. TVA—the largest public power provider in the U.S., serving more than 10 million people in parts of seven states—currently operates seven reactors […]

In January, the U.S. Energy Information Administration (EIA) said U.S. wholesale electricity prices were less volatile in 2024 than they have been over the last few years. But that’s just one, limited perspective on the data. If we consider the macrotrends at play, it’s clear that U.S. markets won’t return any time soon—if ever—to the […]

Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. But as utilities scramble to secure new capacity, a turbine supply crunch is unfolding, forcing urgent procurement

A changing policy landscape presents challenges for moving away from fossil fuels. Executives say that may slow, but won’t halt, the momentum to electrify. Remember the slogan “electrify everything”? It

I think most POWER readers are familiar with financial indexes such as the Dow Jones Industrial Average (DJIA) and the S&P 500. These indices are widely reported on by news outlets and followed by many

Europe’s ambitious push toward carbon neutrality is rapidly replacing fossil fuel–fired power generation with variable renewable resources (VRE), but this shift is exposing the region to a growing risk of

U.S. Withdraws from Global Clean Energy Partnership. The U.S. has withdrawn from the Just Energy Transition Partnership (JETP), a 2021-launched financing cooperation mechanism, that seeks to help a selection

The U.S. is facing an energy emergency, as escalating electricity demand, unstable fossil fuel markets, and the rapid growth of energy-intensive infrastructure strain the nation’s energy systems. Shallow geothermal energy offers a groundbreaking solution to this crisis by stabilizing the grid, reducing emissions, and delivering cost-effective heating and cooling. This article explores the technological, economic, […]

Battery energy storage systems (BESS) are revolutionizing how energy is managed. These systems are critical for improving grid efficiency, integrating renewable energy, and ensuring a reliable power supply. As their adoption grows, the need to focus on practical design and cost optimization has never been more apparent. Standalone BESS projects can achieve greater efficiency, lower […]

The Port of Rotterdam (PoR) is working to future-proof operations, aiming to be a CO2 neutral port in 2050. These ambitions align with plans made by port tenants, such as Rhenus Logistics. They, and other companies like them, are committed to achieving net-zero emissions by transitioning to an all-electric port operation. New technologies and innovations […]

Power and energy construction projects face unique challenges that make effective risk allocation critical to their success. A well-crafted contract serves as the foundation for managing these risks, helping

In a 2023 report, McKinsey & Company projected 35 GW of new power will be needed for data centers in the U.S. by 2030. This forecast doubled the required power consumption from data servers, up from 17 GW in 2022. The explosive growth in data center infrastructure driven by investments in artificial intelligence (AI) is […]

Geothermal energy is the heat originating from beneath the Earth’s surface. It can be utilized for various purposes, such as electricity generation, heating, and cooling. Geothermal power plants harness this heat to produce electricity, with turbines playing a key role in converting thermal energy into mechanical energy, which is then transformed into electrical energy. Geothermal […]

Energy storage systems (ESS) are critical for grid stability as renewable energy adoption accelerates, but safety concerns have emerged due to fire hazards in lithium-ion batteries. Korea Electric Power

Does it really make sense to manufacture new batteries for energy storage systems when a much better alternative is already available? How second-life electric vehicle (EV) batteries can enhance energy

Geothermal power offers a stable, continuous source of renewable energy that could help power millions of homes while reducing dependence on fossil fuels. As governments worldwide pursue sustainability goals

The U.S. Securities and Exchange Commission (SEC) announced on March 27 that it will no longer defend its controversial rules requiring companies to disclose climate-related risks, greenhouse gas (GHG) emissions, and governance practices. The decision, approved in a 3-2 vote along party lines, marks a significant shift in the agency’s approach to climate-related financial disclosures. […]

One week after a catastrophic fire at the North Hyde electrical substation plunged the UK’s flagship Heathrow Airport into chaos, questions are mounting about what went wrong—and what the incident reveals about the vulnerabilities in Britain’s aging power infrastructure. A massive explosion and fire that erupted around 8:20 p.m., on Thursday, March 20, at the […]

The U.S. Department of Energy (DOE) has reissued a $900 million funding opportunity to accelerate deployment of Generation III+ small modular reactors (SMRs), removing community benefit requirements and shifting the focus solely to technical merit—a move that reflects the Trump administration’s revised energy and industrial priorities. The funding opportunity announcement (FOA)—officially designated DE-FOA-0003485—was first issued […]

Energy experts have called for bold reforms—from transmission planning to permitting streamlining and faster interconnection approvals—to prevent further volatility and ensure PJM Interconnection meets its reliability mandate without disproportionately burdening consumers. During a March 19 webinar hosted by Advanced Energy United—a trade group that advocates for policies supporting the transition to 100% clean energy—industry experts […]

Advanced nuclear firm Oklo has signed an Interface Agreement (IAG) with Idaho National Laboratory (INL), marking a key regulatory milestone in the siting and environmental review of its first commercial Aurora powerhouse—a compact passive fast-spectrum reactor—targeted for deployment at INL by late 2027. The IAG with INL—a U.S. Department of Energy (DOE)-owned and funded national […]

Utilities seek to pursue critical advanced metering infrastructure (AMI) 2.0 outcomes, such as advanced analytics, demand response programs, outage management, distributed energy resource integration, and improved customer technology adoption by focusing on information technology strategy as an enabler to successful grid modernization. Ryan Fehrenbacher and Michael Juchno, EY As the electric distribution sector evolves, smart meters […]