News

A spokesperson for the Tennessee Valley Authority (TVA) confirmed that about 600 of the utility’s employees have taken buyouts. Some workers left the company starting in May, while others will exit by the end of September. The TVA on August 21 said the move is part of a plan to reduce costs as the federally owned utility tries to cut nearly $1 billion in spending by 2026.

A transformer fire at Heathrow Airport earlier this year triggered cascading power outages, cutting electricity to more than 66,000 homes, grounding more than 1,300 flights, and causing losses of up to £100 million. According to a recent report, the fire started because of a fault in a 50-year-old asset that subsequently led to short circuiting […]

The Trump administration’s recent “AI Action Plan” to expand artificial intelligence (AI) and data center infrastructure in the U.S. highlighted the need to accelerate innovation, build cutting-edge infrastructure, and position the U.S. as a global leader in the industry. It also highlights a crucial detail: developing an electric grid that can match the pace of […]

GridBeyond now offers revenue floor and toll contracts for selected power storage projects in the Electric Reliability Council of Texas (ERCOT) and California Independent System Operator (CAISO) markets. Backed by highly rated underwriting partners, these contracts provide project owners with new tools to de-risk their balance sheets or secure financing. Each contract is customizable, allowing […]

In the past decade, we have seen “once in a century storms” almost every year, flash floods wiping out entire towns, and extreme heat that melts shoes on pavement. Our climate is becoming more extreme, and we need to be proactive in preparing our infrastructure for more to come. The annual average for U.S. billion-dollar […]

A Midwest-based energy storage developer and independent power producer said it has brought the third project in a strategic collection of California energy storage facilities online. Fullmark Energy, headquartered in Chicago, Illinois, on August 20 announced the start of commercial operation for the company’s 20-MW/40-MWh Ortega energy storage project in Lake Elsinore. Fullmark on Wednesday […]

Advanced nuclear firm Aalo Atomics has secured new capital and regulatory backing to complete construction of its 10-MWe Aalo-X reactor at Idaho National Laboratory (INL). The project, recently selected under the Department of Energy’s (DOE’s) new Nuclear Reactor Pilot Program, will demonstrate cold criticality by July 2026 in an unusually aggressive federal milestone for advanced […]

Solar energy generation from a rooftop panel system can be monitored quickly and easily, an example of how artificial intelligence (AI) and digital tools are empowering businesses to optimize energy use and contribute to a decentralized, decarbonized grid. The energy transition is accelerating. Electrification is surging, renewable power generation is expanding and energy consumption patterns […]

A major solar farm owner and operator is partnering with an electric cooperative to build a 100-MW solar power facility that will serve Meta’s first data center in South Carolina. Meta, the parent of Facebook, Instagram, and other social media and communication platforms, is expanding its relationship with Silicon Ranch, a project developer and independent […]

The Tennessee Valley Authority (TVA) has signed a first-of-its-kind power purchase agreement (PPA) with advanced nuclear technology firm Kairos Power to buy power from the company’s planned Hermes 2, a molten salt nuclear reactor in Oak Ridge, Tennessee. The deal makes TVA the first U.S. utility to contract for electricity from a Gen-IV reactor. Under […]