Power Demand

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […]

The explosive growth of hyperscale data centers is reshaping the power sector at unprecedented speed. In just a few short years, load requests from data center operators have gone from occasional filings to a full-on wave of gigawatt-scale development across North America. While much attention has been paid to the trend of co-locating data centers […]

PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]

Proposals of up to 500 MW of firm, dispatchable capacity and associated energy requested. NURSERY, Texas, July 14, 2025 — South Texas Electric Cooperative Inc. (STEC) today issued a request for proposals (RFP) through which it seeks to obtain long-term generating capacity and associated energy. The RFP solicits bids for up to 500 megawatts (MW) […]

The Public Utilities Commission of Ohio (PUCO) has approved a landmark tariff structure requiring large new data center customers to pay for a minimum of 85% of their subscribed electricity usage—regardless of actual consumption—for up to 12 years. The measure marks a pivotal step in Ohio’s efforts to address surging demand from hyperscale data centers […]

The U.S. electric power sector is experiencing a surge in renewable energy deployment, yet the grid faces mounting pressure from skyrocketing demand and shifting federal policies. As data centers and

Taiwan is among several countries experiencing an energy crisis, with its supply of power struggling to keep up with demand from a rapidly growing high-tech sector. The country has long depended on imported

As billions of dollars flood into the historically niche electricity sector, U.S. power generation is having a moment and entering what may be its most consequential investment cycle in decades. The U.S. power space saw record levels of capital investments in 2024. These billions in new investments are coming not just from legacy participants, but […]

Tech giant Google has signed a power purchase agreement (PPA) with Commonwealth Fusion Systems (CFS) to buy at least 200 MW of energy from CFS’s planned fusion-based power plant in Chesterfield County, Virginia.

Japanese integrated heavy industry group IHI Corp. and GE Vernova have inaugurated a new Large-Scale Combustion Test (LCT) facility at IHI’s Aioi Works in Hyogo, Japan, marking a pivotal step in their joint effort to commercialize gas turbine combustors capable of burning up to 100% ammonia by 2030. The facility will accelerate full-scale prototype testing […]