infrastructure

Smart Grid technology arrived with a bang more than two decades ago, but the first implementations often overpromised and underdelivered. Smart Grid 2.0, however, integrates new technologies to provide

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.

As the new administration begins implementing its energy policy agenda, the market is keenly anticipating the impact on private equity sponsors’ energy transition investments. President Trump has signaled

California-based Pacific Gas and Electric Company (PG&E) and nonprofit charitable organization Citizens Energy Corp. are partnering on a proposed investment program that expects to provide more than $450 million to help PG&E customers in low- and moderate-income households pay their energy bills. Submitted to the California Public Utilities Commission (CPUC) late last month, the updated […]

GE Vernova said it has been chosen through its joint venture, KAPES, by Korea Electric Power Corp. (KEPCO) to deliver its advanced high-voltage direct-current (HVDC) system, based on line commutated converter (LCC) technology, for the 500-kV Donghaean #2 to Dong-Seoul HVDC converter station project (EP2). This project, part of a larger 4-GW HVDC transmission link, […]

American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of power infrastructure improvements required for Ohio’s rapidly expanding data center industry. The agreement, which is subject to review and approval by PUCO, sets a precedent […]

A company backed by Japan’s SoftBank Group and Ares Climate Infrastructure said three solar power of its projects are now online in Texas. SB Energy, a renewable energy group focused on utility-scale installations, said the solar farms—with about 900 MW of combined generation capacity—will support the state’s power grid and provide electricity for Google’s data […]

Rapid growth in the U.S. data center market is ushering in a new era of power demand and testing the ability of electric utilities to keep pace with this surging growth. Data center energy use has doubled over the past three years and is expected to continue climbing as more hyperscale data centers leveraging power-hungry […]

$100 billion investment potential will enhance American competitiveness in artificial intelligence (AI) while meeting the growing need for energy infrastructure to power economic growth The drive to develop more powerful AI capabilities will require significant infrastructure investment to support it. BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced on Sept. 17 the Global AI […]

The Texas Energy Fund (TEF), a flagship loan program designed to boost the state’s dispatchable generation, faced its first setback on Sept. 4 when the Public Utility Commission of Texas (PUCT) denied Aegle Power’s loan application for a 1,292-MW combined cycle generating facility in Harlingen—its second-largest shortlisted facility. The PUCT said Aegle Power’s application, filed […]