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 […]

As buildings, EVs, and industrial processes are increasingly electrified, utilities are seeing grid demand rapidly growing. While this shift is necessary to reduce emissions, it also introduces new challenges for grid stability, capacity, and long-term reliability.

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 […]

Landsnet owns and operates Iceland’s power transmission system and is responsible for building and maintaining a secure and reliable electrical grid. Monitoring the grid in Iceland is uniquely challenging because of the country’s rugged, often inaccessible terrain and extreme weather conditions—particularly severe winds and sub-zero temperatures. Between December 10 and 11, 2019, northern Iceland experienced […]

U.S.-based energy tech company Baker Hughes is joining with Australia’s Woodside Energy in an initiative to develop a lower-carbon power generation technology solution specifically designed for oil and gas, heavy industries, and other smaller-scale applications.

From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in part by climate change, which is why the past decade has had the highest temperature extremes in recorded history, as well as why temperature extremes […]

The energy market is the newest frontier for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance risk. This sector is highly complex; it is dynamic, volatile, and under mounting regulatory pressures.

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 […]

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