Business

  • Report: U.S. Adds 11.7 GW of New Solar Capacity in Q3

    The U.S. solar power industry installed 11.7 GW of new generation in the third quarter of this year, according to a report from Wood Mackenzie and the Solar Energy Industries Association (SEIA). It’s the third-largest quarterly gain on record, and moves total solar installations in 2025 above the 30-GW level.

  • Nuclear Startup Announces Kansas Site for Mile-Deep Reactor Pilot

    A California-based nuclear energy company with plans to place small modular reactors (SMRs) in mile-deep boreholes said it will break ground December 9 for a pilot project at a site in Parsons, Kansas. Berkeley-headquartered Deep Fission on December 4 said the company’s Gravity Nuclear Reactor is bring prepared for the Great Plains Industrial Park. Deep […]

  • Idaho Utility Celebrates 125 Years, Brings New Peaker Plant Online

    Idaho Falls Power celebrated the formal launch of a new natural gas-fired peaking generation plant on December 4, calling the occasion a “major milestone” in its 125-year history.

  • Looking Back at 2025 to Look Forward for 2026: Navigating Policy Shifts and Market Surges

    The past year saw a multitude of factors driving up electricity prices, including rapid growth in electricity demand, supply chain tightness, deployment delays for transmission and production projects, and an uncertain political and permitting climate. We expect all of these trends to continue in 2026. Changing economics have turned the justification for project development in […]

  • INL Taps AWS, GE Vernova, Oil Majors for First MARVEL Microreactor Experiments

    Idaho National Laboratory (INL) has selected the five commercial teams that will potentially demonstrate advanced applications—including data center integration—at its much-watched Microreactor Application Research Validation and Evaluation (MARVEL) platform, an 85-kWth/20-kWe liquid-metal-cooled test bed currently under construction at the lab. The initial selections, unveiled on Dec. 4, mark the “first potential end users for MARVEL,” […]

  • SmartestEnergy US Partners with GridBeyond to Optimize Three Energy Storage Resources in ERCOT Totalling 29.7 MW

    SmartestEnergy US, part of a global energy company helping businesses navigate the energy transition, has selected GridBeyond, a global smart energy company, as its technology partner to optimize battery energy storage systems (BESS) in the Electric Reliability Council of Texas (ERCOT) market. The strategic partnership will leverage GridBeyond’s advanced price forecasting, bid optimization, and trading […]

  • INTEC Chosen to Build 50-MW Solar Power Facility in Germany

    Global renewable energy contractor INTEC Energy Solutions has been selected by a leading European renewable energy investment group to lead construction of a 50-MW solar power plant in Lachendorf, Germany. INTEC on December 3 said it has been commissioned by AUKERA as the engineering, procurement, and construction (EPC) contractor for the project. The solar farm […]

  • Antares Raises $96 Million in Series B Funding to Accelerate Nuclear Microreactor Development

    Antares, an advanced nuclear energy startup, announced the close of its $96-million Series B funding round, which was led by Shine Capital with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors.

  • DOE Selects TVA, Holtec to Receive $800 Million to Advance SMR Deployment

    The U.S. Department of Energy (DOE) said the agency has selected the Tennessee Valley Authority (TVA) and Holtec Government Services to support early deployments of advanced light-water small modular reactors (SMRs) in the U.S. The DOE on December 2 said project teams with the two groups will receive up to $800 million in “federal cost-shared funding” targeted for projects in Tennessee and Michigan.

  • Emerson Addresses Power Industry’s AI-Driven Demand Surge

    The power industry is experiencing unprecedented demand growth, driven largely by data centers and artificial intelligence (AI) applications. This surge is creating both opportunities and challenges for utilities, equipment manufacturers, and the broader power generation ecosystem. As a guest on The POWER Podcast, Seth Harris, growth director for Emerson’s Power business in North America, discussed […]

  • How AI Is Breathing New Life into Aging Coal-Fired Power Assets

    For years, some folks have considered coal-fired power plants relics of a bygone era, overshadowed by the rise of natural gas and renewables. Yet, in an unexpected twist, coal is finding its way back into the

  • A Guide to Asset Management Software Solutions for Power Industry Leaders

    Power company leaders face mounting challenges in asset management—keeping aging equipment reliable, integrating diverse assets from renewables to baseload units, and meeting strict reliability standards

  • Old Turbines, New Tricks: How Retrofits Drive Efficiency and Extend Lifespans in Power Generation

    By retrofitting aging turbines with modern control systems, power generation companies are extending equipment lifespans, enhancing operational efficiency, and tapping into robust global support

  • On the Steam Side of Nuclear Energy

    Siemens Energy develops conventional islands for small modular reactors. When Rolls-Royce SMR began developing its small modular reactor (SMR)—using a unique factory-built approach to proven pressurized

  • The POWER Interview: Negotiating the Details of Power Project Contracts

    Negotiating contracts is a process that requires preparation and communication, as all parties work toward a mutually beneficial relationship. It’s particularly true for electric utilities, groups with multiple stakeholders in their projects. That includes the utilities themselves, their shareholders or other investors, and of course their customers.

  • NERC: Winter Grid Reliability at Risk Amid Soaring Demand, Fuel Supply Gaps

    In its recently released Winter Reliability Assessment, the North American Electric Reliability Corporation (NERC) found that while resources are adequate for normal winter peak demand, large swaths of North America face an elevated risk of electricity shortfalls during prolonged, wide-area cold snaps. Noting that four severe Arctic storms have swept across much of the continent since […]

  • UK Confirms Wylfa as Launch Site for First Nuclear SMR Fleet

    The UK has confirmed that Wylfa on the island of Anglesey, North Wales, will host three Rolls-Royce small modular reactors (SMRs) that could deliver first power in the mid-2030s—launching a state-backed, fleet-based nuclear deployment through publicly owned entity Great British Energy–Nuclear (GBE-N). The UK government has framed the SMR project, which is underpinned by more […]

  • Arevon’s Big Muddy Solar Project Moves Forward in Illinois

    Energy developer, owner and operator Arevon Energy has started construction of a $200-million solar farm in Illinois. The 124-MW Big Muddy Solar installation in Jackson County is the company’s first utility-scale solar project in that state.

  • Power Play: Takeaways from Westinghouse, Google AI Partnership

    Westinghouse has partnered with Google Cloud to develop a custom AI-powered platform using specialized models from both Google and Westinghouse—itself a leader in AI for energy production—that helps optimize and accelerate reactor construction.

  • Transmission Lines Will Determine America’s Power Future

    For decades, U.S. electricity demand was steady, allowing utilities to plan gradual growth and maintain the grid with modest upgrades. That era is over. The convergence of electric vehicles (EVs), data centers, technology advancements, and population growth and shifting is driving an unprecedented surge in electricity demand. According to the National Electrical Manufacturers Association (NEMA), […]

  • Research Group: U.S. Exits Coal by 2040 as Solar, Nuclear, Natural Gas Surge

    An energy research group said U.S. power generation capacity will be led by solar power in the short term, natural gas in the mid term, and nuclear power in the long term as coal-fired units continue to be retired.

  • Valmet’s Automation Solution for Improved Waste Management and Resource Efficiency at the New South Korean Incineration Facility

    Valmet is to deliver an automation system to Seongnam City’s incineration facility currently under construction in Seongnam-si, Gyeonggi-do, South Korea. The order was placed by GS E&C Corp., the engineering, procurement, and construction (EPC) contractor for the facility. By leveraging intelligent automation, the plant will optimize energy production, minimize emissions, and deliver efficient, consistent performance […]

  • Siemens and Samsung C&T Partner to Drive Next-Generation Infrastructure Projects

    The Global partnership agreement combines Samsung C&T’s EPC expertise with Siemens’ leading capabilities in digitalization, electrification, and automation Collaboration to focus initially on six landmark infrastructure projects in Saudi Arabia, Thailand, and Canada Joint efforts to deliver differentiated, customer-centric solutions in airports, hospitals, buildings and data centers The partnership enables a unified “ONE Tech Company” […]

  • FERC Approves NRG Energy Plan to Buy 12.9 GW of Gas-Fired Generation

    The Federal Energy Regulatory Commission (FERC) has signed off on NRG Energy’s plan to acquire nearly 13 GW of natural gas-fired power generation. The agency on November 13 said it supports Houston, Texas-based NRG’s $12-billion deal with New York-based LS Power for capacity in the PJM market territory.

  • Blackstone Investing $1.2 Billion for 600-MW Gas-Fired Plant in West Virginia

    Global investment group and asset manager Blackstone said it will support construction of a 600-MW combined-cycle natural gas-fired power plant in West Virginia. The Wolf Summit Energy facility, which will feature GE Vernova equipment, is affiliated with Old Dominion Electric Cooperative, which serves about 1.5 million customers across three states.

  • Air Liquide Technology Converts Ammonia Into Hydrogen at Industrial Scale

    Air Liquide announced the successful start-up of the world’s first industrial-scale ammonia cracking pilot unit with a 30-tons-per-day ammonia-to-hydrogen conversion capacity at the Port of Antwerp-Bruges, Belgium. This groundbreaking innovation, announced November 13, demonstrates a key missing technology brick to a viable pathway for converting ammonia into hydrogen, and unlocks challenges of transportation of hydrogen. […]

  • Entergy Ends Plan for Floating Methane Gas Power Plant in Louisiana

    Opponents of a planned methane gas power plant on a floating barge off the coast of Louisiana were successful in moving Entergy Louisiana to cancel the project. Earthjustice in a news release sent to POWER said the group represented the Alliance for Affordable Energy in opposition to the proposed 112-MW Bayou Power Station.

  • Two-in-One Multimeter and Calibrator

    GOSSEN METRAWATT presents a new generation of multifunctional process calibrators for field use. The METRACAL CM series combines a calibrator and precise multimeter in a compact handheld device. Users can simultaneously simulate galvanically isolated sensor signals and measure output signals up to 30 VDC without time-consuming switching. The device measures and displays electrical quantities such […]

  • Texas Issues First Performance-Based Grant Under Energy Fund for LCRA’s New 188-MW RICE Peaker

    The Public Utility Commission of Texas (PUCT) has executed its first agreement under the Texas Energy Fund (TxEF) Completion Bonus Grant (CBG) Program, awarding the Lower Colorado River Authority (LCRA) up to $22.56 million for its 188-MW Timmerman Power Plant Unit 1, a new natural gas–fired plant in Caldwell County, Texas. The agreement marks the operational launch of Texas’s performance-contingent funding mechanism, which is designed to accelerate […]

  • Procuring Power: Experts Discuss Contract Complexities

    Securing a reliable supply of electricity requires plenty of research to balance the risks and rewards of striking a deal.