infrastructure investment

  • 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 […]

  • PPL, Blackstone Launch Major Gas-Fired Generation Venture Targeting Data Center Surge in Pennsylvania

    PPL Corp. and investment giant Blackstone Infrastructure have formed a joint venture to build, own, and operate natural gas combined-cycle generation plants in Pennsylvania specifically designed to serve data center loads through long-term energy service agreements (ESAs). The partnership, unveiled at the Pennsylvania Energy and Innovation Summit in Pittsburgh on July 15, represents a strategic […]

  • 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 Outdated and overextended, it must now absorb relentless growth from electrification and data centers or risk escalating reliability threats, surging costs, and a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 […]

  • California, Pacific Northwest Hydrogen Hubs Secure First Tranche of $7B Federal Awards

    The California Hydrogen Hub and the Pacific Northwest Hydrogen Hub have garnered a combined $57.5 million in the first tranche of funding under the Department of Energy’s (DOE’s) $7 billion Regional Clean Hydrogen Hubs (H2Hubs) program. H2Hubs, managed by DOE’s Office of Clean Energy Demonstrations (OCED), is backed by funding from the Infrastructure Investment and […]