electrification
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Finance
Investor-Owned Utilities to Spend $1.1T in Grid Boost as Power Demand Spirals
America’s investor-owned electric companies are poised to deploy record-setting investment to launch one of the most aggressive infrastructure modernization campaigns in industry history in a bid to confront unprecedented electricity demand growth and prepare for a fundamentally transformed energy landscape. In total, over the next five years, the industry is poised to invest more than […]
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Electrification
Ausgrid’s Bold Plan to Break Grid Monopoly Boundaries with Community Power Network
Ausgrid, the state-owned electricity distributor serving 1.8 million customers across Sydney and beyond, has proposed a “Community Power Network” (CPN) that could upend a century-old regulatory boundary by
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Electrification
Modernization Is the Onramp to Emerging Technologies
As complexity rises across the power industry, modern control systems are becoming the foundation for next-generation solutions. By embracing automation, simulation, and artificial intelligence (AI)-ready
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Gas
Domestic Power Burn, Not LNG Exports, Is the Real Culprit Driving Natural Gas Price Volatility
From pandemic shut-ins to production booms, arctic blasts to record heatwaves, the U.S. gas market in the 2020s has been volatile. But while many analyses have pointed the finger at increases in liquefied
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Markets
PJM’s Record-High Capacity Prices Spark Sector Reckoning as Market Signals, Policy Battles Intensify
Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […]
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Trends
Out of Sync: The Infrastructure Misalignment Undermining the U.S. Grid
U.S. power infrastructure—the intricate physical fabric that laces together generation, transmission, and distribution—is under intensifying strain. Outdated and overextended, it must now absorb relentless growth from electrification and data centers or risk escalating reliability threats, surging costs, and a weakened global competitive edge. POWER examines the dysfunction and what it will actually take to future-proof […]
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Interview
The POWER Interview: Innovation, Market Incentives Can Drive Electrification
Electrification is about offsetting energy coming directly from fossil fuels with electrons. And it’s a key strategy to support decarbonization across sectors. Depending on the generation mix providing the electrons, the amount of decarbonization may vary. But wherever a customer has electrified their energy usage, they stand to benefit from future deployments of clean generation resources.
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Commentary
Funding the Power Surge: Navigating the Trillion-Dollar Investment in the U.S. Power Sector
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.
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Interview
The POWER Interview: Hitachi Energy’s Massimo Danieli on Grid Transformation and the Path to Electrification
As the global energy landscape undergoes unprecedented transformation, Hitachi Energy stands at the forefront of technologies driving the transition toward a more sustainable and flexible power system. In this exclusive interview with POWER, Massimo Danieli, managing director for Hitachi Energy’s Grid Automation business unit, offers valuable insights into how electrification, renewable integration, and digital solutions […]
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Interview
The POWER Interview: Electrification Key to Total Decarbonization
The transition toward electrification has challenges, such as the need for more infrastructure to support charging of electric cars and trucks, and other transport vehicles. The residential and commercial and industrial sectors must consider the cost of new technologies for heating and cooling.
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Interview
The POWER Interview: Proper Planning Key to Support Electrification
Several members of the energy community recently provided POWER magazine with their insights on electrification, looking at the challenges for continuing adoption of technologies driving the transition.
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Electrification
Industry Experts: Market Forces Still Support Electrification
A changing policy landscape presents challenges for moving away from fossil fuels. Executives say that may slow, but won’t halt, the momentum to electrify. Remember the slogan “electrify everything”? It
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Energy Storage
Flywheel Energy Storage Technology Transforms Port Operations
The Port of Rotterdam (PoR) is working to future-proof operations, aiming to be a CO2 neutral port in 2050. These ambitions align with plans made by port tenants, such as Rhenus Logistics. They, and other companies like them, are committed to achieving net-zero emissions by transitioning to an all-electric port operation. New technologies and innovations […]
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Interview
The POWER Interview: Upgrading the Grid Key to Support Electrification
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.
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Electrification
GE Vernova, AWS Address Energy Demand With Collaboration Agreement
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.
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Commentary
Powering the Next Electrical Revolution
As we stand on the brink of an all-electric future in North America, we find ourselves amidst a monumental shift—from a reliance on oil, coal, and gas to a world powered by electricity. This transformation
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O&M
The Evolving State of Power Plant O&M
As power plants confront aging infrastructure, surging demand, and the sweeping changes of rapid electrification, operations and maintenance (O&M) are being redefined to tackle unprecedented challenges and
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Commentary
Four Energy Trends to Watch in 2025
As we enter 2025, the world’s growing need for charging large battery storage in vehicles is driving many changes in how we generate, transmit, distribute and use energy. Against this backdrop, four major trends are poised to impact the energy sector in the coming year and beyond. We expect significant advancements to be seen in […]
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Electrification
ABB Acquires Lumin, Expanding Residential Energy Management Portfolio
Global electrical technology company ABB said it has acquired Lumin, a U.S.-based group that provides responsive energy management systems, to expand its home energy management capabilities in the North American residential sector. The acquisition announced Jan. 14 follows a strategic minority investment by ABB into Lumin in 2023. Financial terms of the transaction were not […]
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Electrification
U.S. Railroading: What Sector’s Future Power Suppliers Will Need to Know
Among the elements of America’s carbon-based industries and infrastructure being impacted by electrification, transportation exhibits, first, widespread economic and environmental impacts (private highway vehicles) driven by emerging technology, public policy, growing climate and health concerns, government stimuli and private collaboratives, and investment or management opportunities. Second it shows the more muted reassessments by freight and […]
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Legal & Regulatory
Importance of Rate Design in Moving Customers Toward Electrification
Home heating is approaching an impasse—there is great opportunity to decarbonize through heat pumps for both heating and cooling, but rising electricity rates might discourage consumers from getting on
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Electrification
Residential Electrification Gets Boost from Eaton, Treehouse Collaboration
A global power management company known for its technology advancements is collaborating with a software-enabled installation platform for electrification in a joint effort designed to support the U.S. residential market. Eaton on Nov. 14 announced it will work with Chicago, Illinois-based Treehouse to enable residential electrification projects, including electric vehicle (EV) charging. The groups on […]
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Commentary
Finding Equilibrium Between Growth and Decarbonization
With the global population expected to reach approximately nine to 10 billion by 2050, and one billion people still without energy access, our energy requirements are not only growing but also evolving. Each equinox reminds us of the essential balance we need to strive for in achieving net zero by 2050. COMMENTARY Crucially, the need […]
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Renewables
Report: Renewables Generating Nearly One-Third of Global Electricity
A UK- based global research group said continued growth in wind and solar power increased power generation from renewable energy to nearly a third of worldwide electricity output last year. Ember, a think tank headquartered in London, in its “Global Electricity Review 2024” released May 8 wrote that the numbers show a goal to triple […]
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Interview
The POWER Interview: The IRA’s Impact on Tax Credits, Tax Equity, and Renewable Energy
The Inflation Reduction Act (IRA) represents the largest incentive effort for clean energy in U.S. history. Its impact touches multiple sectors, including solar, wind, hydrogen, energy storage, and more. The IRA includes more than 70 investment, production, and excise credits designed to facilitate the transition to cleaner energy production. The legislation promotes advanced manufacturing, and […]
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Electrification
Groups Collaborate to Electrify Chemical Processing Plants
Three major chemical processing companies announced the startup of a demonstration plant to show the viability of large-scale electrically heated steam cracking furnaces. BASF, SABIC, and Linde on April 17 said the facility, at BASF’s Verbund site in Ludwigshafen, Germany, will begin operating after three years of development, engineering, and construction work. The three groups […]
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Hydro
OPG Embarks on Major Refurbishment of Niagara Falls Hydropower Stations
Ontario Power Generation (OPG) will partner with GE Vernova to complete a 15-year project to refurbish the iconic 1.7-GW Sir Adam Beck I and II hydroelectric complex near Niagara Falls. The C$1 billion ($724 million) project unveiled on April 16 will comprise the first phase of OPG’s larger plans to overhaul all five of its […]
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Trends
A Bold Beginning: GE Vernova Charts Course for Electrification and Decarbonization in Market Debut
Marking the completion of its spin-off from GE, GE Vernova began trading on the New York Stock Exchange on April 2 as an independent company “singularly focused” on accelerating the energy transition. The measure, approved by GE’s Board on Feb. 29, effectively establishes GE Vernova as a giant purpose-built firm that will leverage its technology […]
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Commentary
Balancing Essential Utility Infrastructure Investment with Customer Affordability
Electric utilities are entering an era of growing investment opportunities following a decade of low load growth. However, there is increasing evidence that regulators are growing more concerned about the
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Electrification
Expanding Access and Growing DER Networks for a Smarter Future Grid
The framework for a better power grid should include distributed energy resources as a key part of the transition. When you think of the energy system of the future, what do you imagine? Ideally, you’d