electricity

The U.S. power sector stands at a juncture, facing a confluence of factors that are poised to trigger an era of unprecedented growth and necessitate a large influx of capital. Driven by the increasing demand from data centers, the reshoring of manufacturing, and electrification across transportation, heating, and industry, the demand for electricity is rising at a pace unseen in recent decades.

One week after a catastrophic fire at the North Hyde electrical substation plunged the UK’s flagship Heathrow Airport into chaos, questions are mounting about what went wrong—and what the incident reveals about the vulnerabilities in Britain’s aging power infrastructure. A massive explosion and fire that erupted around 8:20 p.m., on Thursday, March 20, at the […]

The Department of Energy (DOE) has initiated a new “enabling” pathway to achieve and sustain a dramatic transformation of the nation’s evolving grid—through its power electronics fabric, with the realization of advanced semiconductor materials, devices, and power module technologies. The agency on Nov. 21 unveiled the agency’s first awards—$42 million for 15 projects across 11 […]

Government officials in Germany have approved a plan to bring some shuttered coal-fired power plants back online in an effort to avoid energy shortages this winter. Cabinet members on Oct. 4 said they would support putting on-reserve lignite-fired power plants back online from now until the end of March 2024. It’s another move related to […]

In the common global quest for sustainable and renewable energy sources, traditional oil and gas producers are beginning to focus on alternative sources. Geothermal is emerging as one of the most promising renewable energy sources globally, and over the coming years will become an essential component of the overall power market. Power producers’ embrace of […]

Software giant Microsoft on May 10 announced it has signed a power purchase agreement (PPA) with nuclear fusion startup Helion Energy to buy electricity from Helion as soon as 2028. Andrew Holland, CEO of the Fusion Industry Association, said Microsoft’s deal is the first time a fusion company has signed a deal to sell electricity. […]

The wealth of data available for today’s power generators is supporting more efficient electricity production, and more reliability and resiliency for the grid. There are many reasons utilities and power

An agency associated with the World Bank will finance installation of solar and hydropower systems, and support related transmission and distribution infrastructure, to provide more electricity to areas of West Africa. The World Bank Group’s International Development Association (IDA) is investing $311 million into the Regional Emergency Solar Power Intervention Project (RESPITE), an initiative designed […]

EY earlier this month released the findings from its Energy Consumer Survey 2022. The report is “focused on how energy impacts the lifestyles and wallets of consumers,” according to the company. EY is the trade name for Ernst & Young, the multinational professional services group headquartered in London, UK. The report is based on a […]

Commercial and industrial (C&I) enterprises rely on their power supply. Many facilities, such as hospitals, federal institutions, and military bases—those considered mission critical—have long been at the forefront of finding solutions to keep their lights on. In today’s world, the need for reliable and resilient power is critical for a wide range of industries. Uninterrupted […]