investment
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Hydrogen
Carbon Removal Company Closes on Major Investment
A California-based carbon removal company said it has completed a funding round in support of the company’s first 100-kilotonne carbon dioxide removal (CDR) commercial facility. Equatic, which is considered a pioneering company in combined carbon dioxide removal and green hydrogen production, on August 11 announced the successful closure of its Series A round, with Catalytic […]
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Commentary
Buyer Beware: Deeper Pockets Funding Deeply Speculative Power Sector Expansion
As billions of dollars flood into the historically niche electricity sector, U.S. power generation is having a moment and entering what may be its most consequential investment cycle in decades. The U.S. power space saw record levels of capital investments in 2024. These billions in new investments are coming not just from legacy participants, but […]
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Commentary
Private Equity Reprioritizes for a New Energy Landscape
The advent of President Trump’s second term has heralded significant changes for the U.S. energy industry, and savvy private equity investors are adapting. Six months down the road, the reprioritization of investment opportunities by such savvy private equity investors has delineated some clear—and familiar—near-term winners. Two of the top five private equity investment trends in […]
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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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Legal & Regulatory
Private Equity Weighs Focus as Government Policies Shift
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
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T&D
PG&E, Citizens Energy Program Will Fund Grid Investments, Benefit Ratepayers
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 […]
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T&D
$2.2B for 13 GW of New Transmission Capacity: DOE Unveils Latest Boost for U.S. Grid Modernization
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 […]
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Trends
2024 Shaping Up to Be Dramatic for Transmission and Distribution
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 […]
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Renewables
Global Utility Alliance Calls for Tripling Renewable Energy Capacity
A group that represents utility companies worldwide said its members want to nearly triple their renewable energy generation capacity by 2030. The Utilities for Net Zero Alliance (UNEZA), which was formed at last year’s COP28 climate summit in Dubai in the United Arab Emirates (UAE), said the group collectively wants to increase its green energy […]
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Commentary
What Does the Nuclear Industry Need to Do to Scale Production Toward Net-Zero Goals?
The United Nations Climate Change Conference (COP28) proved to be a historic moment for nuclear energy, with more than 20 countries including the U.S., France, Japan, and the UK pledging to triple global