Business

As billions of dollars flood into the historically niche electricity sector, U.S. power generation is having a moment and entering what may be its most consequential investment cycle in decades. The U.S. power space saw record levels of capital investments in 2024. These billions in new investments are coming not just from legacy participants, but […]

Westinghouse Electric Co. and officials with the ITER project in France signed a contract for $180 million for the assembly of the vacuum vessel for the fusion reactor. This is a key milestone in the construction of the ITER reactor, leading the way toward the use of fusion as a practical future source of reliable carbon-free energy.

Tech giant Google has signed a power purchase agreement (PPA) with Commonwealth Fusion Systems (CFS) to buy at least 200 MW of energy from CFS’s planned fusion-based power plant in Chesterfield County, Virginia.

A software group that uses artificial intelligence (AI) to help automate processes said it was joining with a nuclear power deployment company on an AI-driven system to accelerate construction of nuclear reactors. Palantir Technologies on June 26 said it will work with The Nuclear Company, a nuclear power startup, to jointly create a nuclear operating […]

In a new pilot program, the U.S. Department of Energy (DOE) issued an ambitious challenge: bring at least three advanced nuclear test reactors to criticality by July 4, 2026. Announced in June, the program sidesteps traditional Nuclear Regulatory Commission (NRC) licensing, seeking instead to authorize full-scale reactors on private sites through DOE’s internal review process. […]

As government policies around energy transition continue to evolve, the pace of coal plant retirements in North America has shifted in some regions, slowing in a few cases due to energy reliability concerns. But broadly speaking, many coal-fired units have already retired, leaving behind a significant legacy challenge: the long-term management of coal ash stored […]

In the proverbial shadow of the Naughton Power Plant, a station in Kemmerer, Wyoming, that will stop burning coal at the end of this year, TerraPower is constructing what it calls “the only advanced, non-light-water reactor in the Western Hemisphere being built today.” The project represents more than just a new power source—it’s a symbolic […]

In an industry grappling with decarbonization mandates, volatile energy markets, and supply chain uncertainty, another threat has quietly emerged with the power to upend everything: the courtroom. Mega verdicts—jury awards exceeding $10 million—are not new. But the scale, frequency, and unpredictability of these rulings are escalating. According to a 2025 corporate verdicts report published by […]

Artificial intelligence is evolving rapidly, and so is the demand for the infrastructure behind it. From the explosive growth of generative models to the rise of AI-driven data analytics, companies are scaling up data centers at an unprecedented pace. But for the sustainably-conscious, this rapid growth sparks a real “down the rabbit hole” question, “what […]

A revolution is underway in the nuclear energy sector. For the first time in decades, the field is brimming with urgency, ambition, and capital. Buoyed by growing energy demands, geopolitical recalibration, and climate pressures, nuclear power is undergoing a renaissance, one that will be driven not just by next-generation reactor designs, but by the materials […]

Japanese integrated heavy industry group IHI Corp. and GE Vernova have inaugurated a new Large-Scale Combustion Test (LCT) facility at IHI’s Aioi Works in Hyogo, Japan, marking a pivotal step in their joint effort to commercialize gas turbine combustors capable of burning up to 100% ammonia by 2030. The facility will accelerate full-scale prototype testing […]

The future of energy is rapidly evolving. The explosion of artificial intelligence (AI) and the enormous energy infrastructure it demands will continue to drive unprecedented electricity needs. Goldman Sachs projects that U.S. power demand could grow by as much as 20% by the decade’s end, in large part due to the construction of data centers. These […]

By their very nature, all chemical fuels contain energy that needs to be released easily and are therefore inherently flammable. However, if that release is not sufficiently controlled, it presents a significant injury risk both to people and property through explosions and fires. Hydrogen, of course, is especially flammable. Counterintuitively, when it comes to safety, […]

The U.S. Department of Energy (DOE) is inviting private-sector nuclear developers to submit proposals for experiments and demonstrations using its Microreactor Application Research Validation and Evaluation (MARVEL) project. The first-of-its-kind operational test bed for advanced microreactor technologies is now 90% through its final design phase, with key components already under fabrication. Idaho National Laboratory (INL), […]

A nonprofit environmental group said at least 130 natural gas-fired power plant projects are planned in Texas over the next few years as part of that state’s effort to meet growing demand for energy. The Washington, D.C.-based Environmental Integrity Project (EIP), in a report published June 11, said the projects would provide about 58 GW of new generation capacity, while noting that many of the proposed facilities may not move beyond the planning stage.

The California Energy Commission (CEC) has approved the Darden Clean Energy Project, which the agency said is the first to be fast-tracked under the group’s Opt-In Certification program. The commission said the installation features 1,150 MW, or 4,600 kWh, of battery energy storage, along with a 1,150-MW solar array with about 3.1-million panels.

XGS Energy and Meta Platforms announced announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico. The groups on June 12 said XGS Energy’s proprietary geothermal technology, which enables geothermal power production with zero operating water use, will be deployed to the state’s PNM electric grid and support Meta’s […]

Talen Energy has restructured and significantly expanded its nuclear energy agreement with Amazon Web Services (AWS), finalizing a 17-year, $18 billion power purchase agreement (PPA) that will supply up to 1,920 MW of carbon-free electricity from the 2.5-GW Susquehanna nuclear plant to Amazon’s data centers across Pennsylvania. The deal, announced on June 11, restructures a […]

U.S. power infrastructure—the intricate physical fabric that laces together generation, transmission, and distribution—is under intensifying strain. Outdated and overextended, it must now absorb relentless growth from electrification and data centers or risk escalating reliability threats, surging costs, and a weakened global competitive edge. POWER examines the dysfunction and what it will actually take to future-proof […]

What happens when a political U-turn suddenly upends years of decarbonization strategy? As the U.S. House of Representatives moves to dismantle key clean energy tax credits, POWER examines how utilities and developers are rethinking timelines, technologies, and financing, while racing to keep the energy transition on track.  On May 22, 2025, the U.S. House of […]

As the world grapples with the urgent need to combat climate change, the transition from fossil fuels to renewable energy sources is accelerating, driven by technological advancements and governmental directives. This global shift promises not only to reduce greenhouse gas emissions, but also to create a more sustainable and resilient energy future. The world stands […]

People in the power industry understand inertia and its importance to grid stability. As large thermal power plants and other inertia-providing units are replaced with renewable resources that provide no inertia, grid stability is at risk. Cost-effective solutions are available today, however, to maintain and even enhance grid operations. Concerning power grid operation, inertia refers […]

The U.S. solar manufacturing landscape has undergone a remarkable transformation since the passage of the Inflation Reduction Act (IRA) in 2022. Through targeted domestic content incentives, the federal government has successfully ignited a manufacturing renaissance, boosting capacity nearly five-fold and creating thousands of jobs across the country. Catalyzing Growth Through Strategic Incentives The centerpiece of […]

The U.S. solar industry has increasingly begun to rebrand itself as “MAGA-friendly,” emphasizing cost savings, energy independence, and job creation over climate concerns. This shift marks a departure from its traditionally left-leaning roots, as companies attempt to appeal to conservative consumers and policymakers. Some solar companies have changed their messaging to align with Trump-era rhetoric, […]

Duke Energy intends to submit an application to South Carolina’s Public Service Commission (PSC) for approval to build a 1.4-GW gas-fired combined cycle plant with hydrogen capability in Anderson County. If approved, the project, which could come online in 2031, will mark the company’s first new generation proposal in the state in a decade. The […]

Microgrids have grown in importance as the need for a reliable and resilient supply of power has grown. The technology has proven itself for a variety of commercial and industrial (C&I) enterprises, in both urban and rural areas where a source of off-grid—or in some cases grid-connected—energy is needed, whether a backup power or as a primary source of electricity.

The Southwest Power Pool (SPP) regional transmission organization (RTO) is joining with energy technology company Hitachi on development of what the groups say is an artificial intelligence (AI)-based solution to support power transmission reliability and flexibility challenges.

The Nuclear Regulatory Commission (NRC) has approved NuScale Power’s uprated 77-MWe (250-MWth) small modular reactor (SMR) design, clearing the nuclear technology firm’s second standard design approval (SDA). The development marks a boost for ENTRA1 Energy, NuScale’s exclusive commercialization partner, which is in “various stages of discussions with potential customers” in the U.S. and abroad, the […]

Telecom giant AT&T has signed a power purchase agreement (PPA) for generation from a new solar power project in Texas. Enbridge, a Canada-based energy group, on June 4 marked the start of operations for the 130-MW Orange Grove Solar installation near Corpus Christi. The array is Enbridge’s first in Texas. The company on Wednesday said AT&T has a long-term virtual PPA for the project.

The Department of Energy’s (DOE’s) abrupt termination of 24 previously awarded projects—including four prominent power-related carbon capture projects— will rescind $3.7 billion in financial assistance from its Office of Clean Energy Demonstrations (OCED). In a terse press release on May 30, the DOE cited “a thorough and individualized financial review” in its justification for canceling […]