grid

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, the North American Electric Reliability Corporation (NERC) has warned in its latest 2024 Long-Term Reliability Assessment (LTRA). The designated electric reliability organization’s (ERO’s) annual 10-year […]

GE Vernova secured a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany’s transition to a renewable energy future The 300 Mvar FACTSFLEX GFM solution, with Grid Forming Control, will enhance grid stability and resilience as Germany integrates more renewable energy sources STATCOM units will be deployed at key substations in Germany, […]

Energy storage technologies have become more important to the power generation sector, in part because of their ability to support the deployment of renewable energy resources. Battery energy storage systems, or BESS, enable renewable resources such as solar and wind power to be stored for when that electricity is needed. Storage systems help balance the […]

Driven by artificial intelligence (AI), cloud computing, and the digital transformation, U.S. data centers consumed an estimated 150 TWh of electricity in 2023—equivalent to around 3% of the nation’s power demand. Globally, data center demand hovered at 340 TWh in 2023—about 1.3% of worldwide electricity use. Multiple sources project this demand will surge dramatically through […]

The Australian state of Queensland is in the midst of a rapid changeover from coal to renewables. From 70% coal generation today, it is switching to 70% renewables by 2032. This means phasing out 8.1 GW of coal and some of its 3 GW of gas generation, while simultaneously building at least 25 GW of […]

Our electric system was designed to experience service interruptions once per decade. That time is long gone. In the past three years, the U.S. South has sustained two debilitating winter storms, forcing utilities to cut power when their customers needed it the most. In 2023 alone, the U.S. was hit with more than 28 separate […]

The Biden administration will invest $2.2 billion in eight projects under its Grid Resilience and Innovation Partnership (GRIP) program to bolster the nation’s power grid with nearly 13 GW of new transmission capacity across 18 states. The funding, announced on Aug. 6, marks the second round under the Department of Energy’s (DOE’s) GRIP program, a […]

Prices at PJM Interconnection’s 2025/2026 base residual auction (BRA) spiked to $269.92/MW-day for most resources in the wholesale power market, pointing to a tightening supply-demand balance that could have significant implications for the regional transmission organization (RTO). The 2025/2026 BRA—a competitive capacity auction that procures power supply resources in advance of the delivery year to […]

The U.S. Department of Energy (DOE) Loan Programs Office (LPO) on July 18 announced a conditional commitment for a loan guarantee of up to $861.3 million to Clean Flexible Energy, LLC. The money will finance construction of two solar photovoltaic (PV) farms equipped with battery storage, and two standalone battery energy storage systems (BESS), in […]

In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative. The measure marks the latest triumph for transmission and distribution (T&D), which has seen “lumpy” progress in recent decades. The initiative unveiled on May 28 essentially seeks to establish […]