finance

The power and utility sector underpins every part of modern life, from residential comfort to industrial productivity. Yet as the global energy landscape evolves, so must the internal operations that keep these organizations running. With total U.S. power use expected to reach around 4,189 billion kWh in 2025, and 4,278 billion kWh in 2026, energy […]

As businesses wait for artificial intelligence to mature, there is an opportunity to start implementing the data and functionality that is readily available now. Planning and delivering a complex, multi-billion dollar capital project creates a trove of actionable data and insights, if teams are able to manipulate the data to reveal these insights. The detail […]

As the presidential inauguration loomed on the horizon in January this year, the U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) published a “year-in-review” article, highlighting accomplishments from 2024 and looking ahead to the future. It noted that the previous four years had been the most productive in the LPO’s history. “Under the Biden-Harris […]

At the 2023 United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, last December, 25 countries underlined the role of nuclear energy in their climate strategies by issuing a

In approving the development of a 2,800-acre wind farm across prime agricultural land in the east of England, the UK Secretary of State for Energy Security and Net Zero, Ed Miliband, has confirmed what those who understand renewable market dynamics have known all along: That the UK’s energy transition policymaking has been flawed and riven […]

The UK government has picked Wylfa in Anglesey, North Wales, as its preferred site for the country’s third large-scale nuclear power plant after Hinkley C in Somerset and Sizewell C in Suffolk. The Department of Energy Security and Net Zero (DESNZ ) on May 22 unveiled the site as its “first choice” for the project […]

The U.S. government offers certain benefits to renewable energy projects, primarily in the form of tax credits and depreciation. But the reality is that a growing number of tax-equity partnerships are reaching the end of their lifespan, and the sponsors and tax-equity investors in these projects need to be preparing for the future. In fact, […]

NRG Energy has appointed the chair of its board of directors, Dr. Lawrence Coben, as its interim president and CEO and appointed four new independent directors to its board, signaling a major leadership reshuffle partly influenced by activist investor firm Elliott Investment Management. The Houston-headquartered energy giant on Nov. 20 said Mauricio Gutierrez, NRG’s long-time and […]

The Federal Energy Regulatory Commission (FERC) has approved key transmission reforms aimed at clearing a staggering backlog of more than 10,000 generation and storage projects—more than 2,000 GW—stalled in interconnection queues across the country. Order 2023, a final rule unanimously adopted by FERC’s four commissioners at a July 27 open meeting and posted in full […]

Although there is a risk of energy shortfalls in parts of the U.S. if extreme summer temperatures materialize, there is no stopping the clean energy transition that is sweeping the nation. Energy storage