POWERnews

As artificial intelligence (AI) adoption skyrockets—and especially generative AI (genAI)—the underlying infrastructure powering these technologies faces unprecedented demands. Data centers, the nerve centers of AI operations, rely heavily on electricity, and their growth is reshaping how we think about energy. The current power consumption by data centers already accounts for about 3% of the world’s […]

The Public Utility Commission of Texas (PUCT) has adopted a rule for reliability purposes requiring cryptocurrency mining facilities in the Electric Reliability Council of Texas (ERCOT) region to register with the state and annually report details about their location, ownership, form of business, and demand for electricity.    The PUCT’s new rule, adopted on Nov. […]

The digital age is fundamentally dependent on data centers, which serve as the backbone of our technological infrastructure. Without them, the digital world as we know it would not exist. However, the rapid expansion of data centers has put unprecedented stress on the electric grid, leading to increased energy consumption and heightened demand for power. […]

A leading U.S. coal producer is partnering with a major developer of renewable energy projects to put solar energy and battery storage installations on reclaimed mine lands in Illinois and Indiana. Peabody Energy, headquartered in St. Louis, Missouri, and RWE on Nov. 21 announced a collaboration that will “invest in the rural parts of the […]

Renewable Energy developer, owner and operator Arevon Energy on Nov. 21 announced the start of operations at its Vikings Solar-plus-Storage Project in Imperial County, California, near Holtville. The $529 million project includes 157 MW of solar coupled with 150-MW/600-MWh of battery energy storage. Vikings, considered one of the first utility-scale solar peaker plants in the […]

Ampion Renewable Energy announced it is expanding its community solar programs to Delaware, New Jersey, and Virginia, bringing the company’s portfolio under management to about 1.5 GW. Ampion notes that U.S. community solar installations are expected to exceed 14 GW in the next five years. The company is partnering with new developer and asset owner […]

Power plant construction and retrofit projects come in all shapes and sizes, but they all generally have at least one thing in common: complexity. There are usually a lot of moving pieces that must be managed. This can include sourcing the right materials and components, getting equipment delivered to the site at the right time, […]

POWER Magazine   Jobs   White Papers  Webinars   Events   Store   November 21, 2024 NRC Approves Construction of First Electricity-Producing Gen IV Reactor in the U.S. The Nuclear Regulatory Commission (NRC) has taken a historic step by voting to issue construction permits for Kairos Power's 70-MWth Hermes 2, a “low power” advanced test […]

European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said the layoffs are part of the company’s effort to streamline its operations. Equinor in recent months has canceled offshore wind projects in several countries, including […]

Utility companies are going headfirst into a whirlwind of challenges from increasing electricity demands and new sustainability initiatives, to meeting evolving customer expectations. Power demand in the U.S. is on a sharp upward trajectory, with the U.S. Energy Information Administration (EIA) having forecast a new peak of 4.099 trillion kWh in 2024, climbing further to […]