Power Demand

Increasing adoption of cloud computing gave rise to the development of data centers, but the rapid growth of artificial intelligence (AI) and the increasing demand for digital services has resulted in an exponential surge of data center growth. The industry is in a transformative phase that will be marked by significant developments in infrastructure, technology […]

Net-demand energy forecasts are critical for competitive market participants, such as in the Electric Reliability Council of Texas (ERCOT) and similar markets, for several key reasons. For example, accurate forecasting helps predict when supply-demand imbalances will create price spikes or crashes, allowing traders and generators to optimize their bidding strategies. It’s also important for asset […]

Maryland lawmakers have introduced a bill in the state legislature that sponsors say would provide an easier path to build new power plants, including natural gas-fired facilities, and lower utility bills for ratepayers as part of the process.

Imagine unlocking 30% more power from our existing grid overnight. That’s the potential we’re ignoring, and it’s costing us billions. The demand for energy is rising, and utilities are struggling to serve this growth. In the U.S., congestion costs have increased from $8 billion in 2021 to more than $11 billion in 2023 despite record […]

In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nation’s power infrastructure is approaching a precarious juncture as unprecedented demand growth collides with retiring baseload generation. At the House Energy Subcommittee hearing on March 5, titled “Scaling for Growth: Meeting Demand for Reliable, Affordable Electricity,” […]

PPL subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have proposed to upgrade environmental controls at a 1974-built coal unit, build two new gas-fired power plants at a combined cost of $2.8 billion, and add 400 MW of battery storage. The measures seek to significantly boost the companies’ capacity to ready […]

A Canada-based crypto mining company is acquiring two Pennsylvania coal-fired power plants as part of its purchase of a digital mining group.

GE Vernova and Amazon Web Services announced the companies have signed a strategic framework agreement aimed at supporting AWS’s data center scaling. The groups on March 4 said they would collaborate to address increasing global energy demand, advance grid security and reliability, and decarbonize electric power systems.

Data center power demand is accelerating, pushing the grid to its limits and prompting tech giants to bet on next-generation nuclear reactors. But given steep costs, regulatory hurdles, and uncertain

Policy upheavals have cast uncertainty over the future of carbon capture and storage in the power sector, though its momentum is widely expected to continue. In November 2024, the Global CCS Institute, an