Markets
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Trends
IRA Incentives Fuel U.S. Solar Manufacturing Surge
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 […]
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Energy Security
Duke Energy Advances New 1.4-GW Gas-Hydrogen Power Plant in South Carolina Under New Energy Security Mandate
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 […]
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Nuclear
NuScale’s 77-MWe SMR Clears NRC Review, Sets Stage for First Firm Order
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 […]
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Commentary
The Outlook for Energy M&A Amid Global Tariff War
The uncertainty surrounding the global tariff war is reshaping the landscape of mergers and acquisitions (M&A) within the energy sector. This dynamic environment presents both challenges and opportunities for investors, compelling them to navigate a complex web of trade policies, supply chain disruptions, and geopolitical shifts.
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Trends
FERC Anticipates Higher Energy Prices This Summer
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 […]
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Legal & Regulatory
NERC’s Summer Grid Outlook Shows Progress, but Elevated Risks Persist as Load Growth Outpaces Flexibility
All regions across the North American bulk power system (BPS) are generally positioned to meet peak demand under normal summer conditions, though elevated risks of electricity supply shortfalls could persist under extreme heat, surging demand, and resource variability, the North American Electric Reliability Corp. (NERC) warns. In its May 14–released 2025 Summer Reliability Assessment (SRA), […]
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Commentary
The Erosion of Energy Affordability
Since 2024, America’s airwaves have been flooded with phrases like “nuclear renaissance” and “drill, baby, drill.” Energy affordability has occupied the minds of the president, state legislators, regulators, energy suppliers, and utility companies, as everyday Americans confront rising energy costs. States like California have seen an increase in electricity bills between 2021 and 2024 of […]
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Hydrogen
Hydrogen’s Power Play: What Comes After the Hype
As hydrogen production scales up, power professionals must weigh where—and when—it fits into a decarbonized grid. For now, experts say real progress may depend on addressing structural bottlenecks: project
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Commentary
How Advanced Data Science Drives Value to Capital Programs
As businesses wait for artificial intelligence to mature, there is an opportunity to start implementing the data and functionality that is readily available now. Planning and delivering a complex, multi-billion dollar capital project creates a trove of actionable data and insights, if teams are able to manipulate the data to reveal these insights. The detail […]
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Commentary
Funding the Power Surge: Navigating the Trillion-Dollar Investment in the U.S. Power Sector
The U.S. power sector stands at a juncture, facing a confluence of factors that are poised to trigger an era of unprecedented growth and necessitate a large influx of capital. Driven by the increasing demand from data centers, the reshoring of manufacturing, and electrification across transportation, heating, and industry, the demand for electricity is rising at a pace unseen in recent decades.