News

Xcel Energy said the company’s coal-fired Harrington Generating Station in Amarillo, Texas should fully complete its transition to burning natural gas in May. Harrington, whose three units have 1,018 MW of generation capacity, was Xcel’s first coal-fired power plant in Texas. It came online in 1976. The utility in 2020 made the decision to convert […]

The recent fire at the Moss Landing battery storage facility in California, operated by Vistra, has raised concerns in the energy industry, raising critical questions about the safety and future of this burgeoning technology. The recent fire was the latest in a series of incidents at the site since it opened in 2020. The lessons […]

Shipping nuclear propulsion start-up CORE POWER, which in November of last year announced a deal with Westinghouse for design and development of floating nuclear power plants (FNPPs), has hired an architectural and marine engineering firm to help design FNPPs that could provide energy for operations at U.S. shipping ports. Glosten, with offices in Seattle, Washington, […]

Lightsource bp announced two solar power projects in Texas with a combined 288 MW of generation capacity are now online, pushing the company’s operational fleet in that state to more than 1 GW of power production. The company on Jan. 31 said the 163-MW Starr Solar project in Starr County, along with the 125-MW Second […]

The rapid rise of data centers has put many power industry demand forecasters on edge. Some predict the power-hungry nature of the facilities will quickly create problems for utilities and the grid. ICIS, a data analytics provider, calculates that in 2024, demand from data centers in Europe accounted for 96 TWh, or 3.1% of total […]

As the demand for artificial intelligence (AI), and data and cloud services increases, the U.S. is seeing a rapid rise in data center development and a surge in demand for power to fuel the additional load. Leading research estimates that data centers could consume up to 9% of U.S. electricity generation annually by 2030, up […]

Mattiq, a Chicago, Illinois-headquartered clean chemistry company, on Jan. 30 announced a strategic partnership with global metals company Heraeus Precious Metals to develop and commercialize advanced electrocatalyst materials for green hydrogen production. The companies will engineer low-iridium catalysts to significantly reduce the amount of this rare and critical raw material for proton exchange membrane (PEM) […]

Lee Zeldin has been sworn in as the U.S. Environmental Protection Agency’s (EPA’s) 17th administrator, inheriting an agency that the power industry sees as increasingly central to the future of U.S. energy policy, grid reliability, and regulatory uncertainty. At his confirmation hearing on Jan. 16, Zeldin, a former congressman from New York’s First District with […]

Talen Energy has reached an agreement with PJM Interconnection, the Maryland Public Service Commission, Maryland electric utilities, consumer representatives, and the Sierra Club to extend operations at its 1.3-GW coal-fired Brandon Shores power plant and 774-MW oil-fired H.A. Wagner units until May 31, 2029, under a reliability-must-run (RMR) contract. If approved by the Federal Energy […]

The new artificial intelligence (AI) model from China called DeepSeek created a stock market meltdown on Monday, with the Nasdaq composite dropping 3% and the S&P 500 falling 1.5%. Beyond hammering the share prices of the world’s most valuable companies, DeepSeek has potential implications on vast swaths of America’s innovation industries—including energy. COMMENTARY While U.S. technology companies […]

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. […]

The Solar Energy Industries Association (SEIA) published a white paper outlining the industry group’s vision for U.S. energy storage, setting a target to install 10 million distributed energy storage sites and reach 700 kWh of installed storage capacity the end of the decade. The white paper, released Jan. 28 along with a guide to energy […]

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 […]

Cisco, a global technology company, and Gridspertise have signed a memorandum of understanding (MoU) to develop and deploy new solutions for the digital innovation in electricity grids. The companies announced the deal on Jan. 28. The MoU is a collaborative framework that leverages both Cisco and Gridspertise’s technological and business expertise. The companies on Tuesday […]

As an energy veteran with decades at the Department of Energy, I’ve witnessed the highs and lows of nuclear power in America. Now, with President Trump back in office, there’s an opportunity to not just revisit but truly revolutionize our approach to nuclear energy, particularly by closing the nuclear fuel cycle. This isn’t about starting […]

Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain. Under a Jan. 28–announced memorandum of understanding (MOU), the companies plan to conduct a feasibility study that will explore co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility […]

This partnership includes a four-part series on life cycle assessment Park Ridge, Illinois (January 28, 2025) ─ The Society of Tribologists and Lubrication Engineers (STLE) — the technical society serving individuals, companies and organizations that comprise the tribology and lubrication engineering business sector — is pleased to announce a partnership with European sustainability expert Carbon […]

India’s government is pledging billions in financial support for the country’s ambitions around artificial intelligence (AI), and a Mumbai-headquartered energy group has said it plans to build what it calls the “world’s largest” data center in Jamnagar. Reliance Industries, led by Mukesh Ambani, a billionaire and the company’s chairman, already has a partnership with California-based […]

China’s thermal power generation reached a record high in 2024, primarily due to the country’s coal-fired power plants, even as the country continues to add renewable energy resources to its power grid. Data from China’s National Bureau of Statistics showed electricity production from the country’s coal, oil, natural gas, and nuclear power sectors increased 1.5% […]

Analysis of the levelized cost of energy shows how renewables have become more cost-efficient every year. Today, the least-expensive way to meet energy needs is with renewable resources. For industries at risk of power outages or those requiring always-on power, clean energy projects can offer a lifeline. Fundamentally, distributed energy resources (DERs) can give organizations […]

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 […]

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy advanced nuclear reactors to power existing and future facilities. TerraPower on Jan. 21 said it will work with Sabey Data Centers (SDC) on “a strategic […]

Shell Energy North America (SENA), a subsidiary of Shell, announced it has completed the 100% equity stake acquisition of RISEC Holdings (RISEC), which owns a 609-MW two-unit combined-cycle gas-fired power plant in Rhode Island. The companies on Jan. 24 said the acquisition maintains SENA’s position in the deregulated Independent System Operator New England (ISO New […]

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. […]

POWER magazine has been ranked first in FeedSpot’s Best Power Magazines to Follow in 2025 and second in FeedSpot’s Top 35 Energy Magazines to Follow in 2025, solidifying its position as a premier resource for the global power generation industry. The recognition reflects POWER’s unmatched authority, extensive legacy, and steadfast commitment to delivering critical insights to energy professionals worldwide. FeedSpot, […]

A UK-based independent power producer (IPP) has acquired solar power projects in Virginia and Colorado, both secured with utility power purchase agreements. ContourGlobal, headquartered in London, on Jan. 21 announced the acquisition of the two solar farms, one nearing commercial operation and the other still under construction. ContourGlobal acquired the projects from Qcells, a South […]

The Tennessee Valley Authority (TVA) has selected Bechtel, Sargent & Lundy, and GE Hitachi to spearhead the initial planning and design phases for a potential BWRX-300 small modular reactor (SMR) at its Clinch River Nuclear site in Oak Ridge, Tennessee. The collaboration, announced on Jan. 23, will leverage an innovative contracting model designed to streamline […]

South Carolina’s largest power provider Santee Cooper has issued a request for proposals (RFP) aimed at finding a buyer—or visionary—to take on what remains of the Virgil C. Summer Nuclear Station expansion. The two partly constructed AP1000 projects, abandoned in 2017 after a cascade of delays and cost overruns, could now offer a second chance […]

Mitsubishi Power announced it has completed construction of a 1.4-GW natural gas-fired combined-cycle power plant in Thailand, with the second unit of the two-unit station now in commercial operation. The company, a subsidiary of Japan’s Mitsubishi Heavy Industries, said the Hin Kong power plant is a joint venture between the RATCH Group and Gulf Energy […]

Lightshift Energy, a developer, owner, and operator of energy storage projects, has partnered with Basis Climate to complete the sale of nearly $10 million of investment tax credits (ITCs) tied to four utility-scale battery energy storage (BESS) projects in Massachusetts. The projects range from 9,000 kWh to 22,000 kWh. The systems are designed to charge […]