POWERnews

Two European companies announced an agreement to jointly develop as much as 2.2 GW of battery energy storage system (BESS) projects across Spain.

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 […]

Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers.

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 […]

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,” […]

A Netherlands-headquartered company focused on building infrastructure for the artificial intelligence (AI) sector said it plans to build a new data center in New Jersey. Nebius Group, based in Amsterdam, said the facility would be part of a phased development that would be expandable up to a total capacity of 300 MW.

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.

Electric Hydrogen, a global manufacturer of high-power electrolyzer plants, on March 6 announced a strategic partnership with Titan, a Texas-based process equipment manufacturing group, for the fabrication and assembly of its 100-MW electrolyzer plant product.

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.