Markets

SEIA’s Solar Market Insight Report for Q2 2024 showed that the U.S. solar market set an industry record by installing 11.8 GWdc in the first quarter. Despite this impressive growth in the market overall, the residential segment experienced its lowest quarter since Q1 2022, with installations totaling only 1.3 GWdc—a decline of 25% year-over-year and […]

The Tennessee Valley Authority (TVA’s) board of directors has approved an additional $150 million for the public power utility’s $200 million New Nuclear Program to boost continued design work and development of potential small modular reactors (SMRs) at TVA’s Clinch River site near Oak Ridge, Tennessee. The combined $350 million funding for the project will […]

While global nuclear power capacity has remained at a consistent level over the past decade, newly released data from the International Atomic Energy Agency (IAEA) suggests that more than two-thirds of the world’s nuclear reactors are more than 30 years old, and nearly a third have been in operation for 40 years. According to the […]

The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]

Through its innovative virtual power plant (VPP), Arizona Public Service (APS) harnessed smart home devices to save 138 MW during a historic heatwave, shifting peak demand and proving critical for grid

Vietnam Electricity Group’s Ho Chi Minh City Power Corp. (EVNHCMC) deployed a distribution automation system that facilitates automatic—and very quick—fault detection and handling with a success rate of

Emerging from a historic election that stripped the African National Congress (ANC) party of its majority, South Africa’s new government has indicated it will accelerate the transition to renewable power to

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]

Engineering giant Burns & McDonnell has entered into an agreement with nuclear technology specialist BWXT Technologies to advance the design and development of the BWXT Advanced Nuclear Reactor (BANR). The microreactor project is an integral part of a contract with the Wyoming Energy Authority (WEA), which is assessing the viability of deploying small-scale nuclear reactors […]

In approving the development of a 2,800-acre wind farm across prime agricultural land in the east of England, the UK Secretary of State for Energy Security and Net Zero, Ed Miliband, has confirmed what those who understand renewable market dynamics have known all along: That the UK’s energy transition policymaking has been flawed and riven […]