Markets
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Nuclear
Last Energy Secures Texas Site for 30-Microreactor Deployment to Power Data Centers
Advanced nuclear plant developer Last Energy will build 30 microreactors at a site in Haskell County, Texas, a measure aimed at meeting the growing power demands of data centers across the state. The development comes as Texas faces increasing pressure to ramp up its power supplies to address an expansion of energy-intensive industries. The Washington […]
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Nuclear
Kemmerer 1—TerraPower’s Pioneering Fourth-Generation Nuclear Project—Hits Key NRC Milestone Ahead of Schedule
The U.S. Nuclear Regulatory Commission (NRC) has completed its draft safety evaluation (SE) a month ahead of schedule—albeit with open items—for TerraPower’s Kemmerer Power Station Unit 1, a pioneering 345-MWe sodium-cooled fast reactor (SFR) under development in Wyoming. Editor’s note: This article was substantially updated on Feb. 27 at 11 a.m. CST to provide deeper […]
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Commentary
Why Forecast Accuracy Makes or Breaks Power Suppliers in Today’s Market
Between plummeting temperatures and surging demand, the record-breaking Arctic blast that swept across the Northeast in January put power suppliers to the test. Their success in managing the volatility traces back to decisions made days and weeks earlier. Those with accurate forecasting models navigated the cold spell successfully. Others faced stark choices between absorbing massive […]
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Commentary
It’s Time to Think Differently About Energy Storage and California’s Power Grid
With nearly 60% of the state’s electricity generated from solar, wind, and geothermal energy, California is well past the halfway mark to its goal of 100% renewable power generation by 2045. But this comes with major challenges, both financial and environmental. Mainly, generating adequate electricity during the hours when the sun is not shining is […]
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Coal
U.S. Coal Plants Get Reprieve as Market and Policies Change
Several U.S. utilities in recent months have said they plan to keep coal-fired units in their generation fleets operating past their scheduled retirement dates, in most cases citing increased demand for electricity in their service areas. Some also note that the Trump administration is likely to eschew enforcement of current pollution standards, and attempt to […]
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Commentary
A Renewed Vision for the Energy Grid: Turning Challenges into Opportunities
As the world accelerates toward an electrified future driven by renewable energy, electric vehicles (EVs), and industrial electrification, energy distribution grids face unprecedented challenges. From grid overloads and delays in connecting distributed energy resources (DERs) to frequency instabilities and inadequate infrastructure upgrades, the need for transformative action is clear. These challenges, however, present a unique opportunity to rethink and […]
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Legal & Regulatory
PJM, Facing Capacity Shortage as Early as 2026/2027 Delivery Year, Agrees to Lower Auction Price Cap
PJM Interconnection and Pennsylvania Governor Josh Shapiro have settled a lawsuit over PJM’s capacity market pricing, agreeing to lower the grid operator’s auction price cap from over $500/MW-day to $325/MW-day. The move comes as PJM acknowledges a capacity shortage could affect its system as early as the 2026/2027 delivery year. The agreement announced on Jan. […]
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Commentary
DeepSeek Sparks Demand Debate, While Chevron Plans Gas-Fired Plants for Data Centers
The debate over just how much power will be needed to support the artificial intelligence (AI) industry became heated when a Chinese company said it has a low-cost AI model that could upend the sector’s energy needs. DeepSeek created a global stir after releasing information that said the company’s DeepSeek-V3 required less than $6 million […]
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Trends
Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal
Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s “Data Center Alley”—in a deal reportedly valued at approximately $1 billion, according to sources familiar with the matter. Previously known as the Panda Stonewall Energy Facility, the Potomac Energy Center is situated within […]
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Trends
NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as 2028, while also signing a new partnership with GE Vernova to develop natural gas generation projects that could be paired with renewable energy and storage. […]