investments

California utility PG&E announced a $73-billion capital expenditure plan covering the next five years, with investments targeting infrastructure upgrades to support growing demand for electricity in its territory, particularly from data centers.

The U.S. solar manufacturing landscape has undergone a remarkable transformation since the passage of the Inflation Reduction Act (IRA) in 2022. Through targeted domestic content incentives, the federal government has successfully ignited a manufacturing renaissance, boosting capacity nearly five-fold and creating thousands of jobs across the country. Catalyzing Growth Through Strategic Incentives The centerpiece of […]

Since 2013, when China launched its Belt and Road Initiative (BRI), interest in the measure has been sharply divided. Proponents in Beijing and across the Global South view the BRI as a transformational

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 […]

The International Energy Agency (IEA) expects investment in clean energy technologies, including “renewable power, nuclear, grids, storage, low-emission fuels, efficiency improvements and end-use renewables and electrification,” to exceed $1.7 trillion in 2023, the most ever. Yet, even as clean energy investments grow, more than $1 trillion is expected to be invested in unabated fossil fuel […]

The UK will back a “digital twin” of future multi-vector energy systems, including non-electric ones, that will support the country’s efforts to meet its 2050 net-zero objectives. The UK’s effort echoes several initiatives launched worldwide to deliver new visibility, knowledge, and understanding of future energy systems and integrate real-time modeling. UK transmission and distribution grid […]

It was about a year ago that COVID-19 gained the world’s attention. The first laboratory-confirmed case of COVID-19 in the U.S. was reported to the Centers for Disease Control and Prevention on Jan. 22

Global upheaval in energy markets has been exacerbated by the coronavirus pandemic, and by ever-changing political winds, with energy investors at times torn between finding the best returns while also considering the impact of climate change. Many economies depend on fossil fuels, so moves away from coal-fired power and other forms of thermal generation can […]

Arguments continue about the impacts of climate change, but there’s little debate when it comes to where banks and other investors are putting their money. Shareholders and institutional investors are

Africa has a number of power supply challenges, many of which can be overcome with renewable energy. Foremost among the options is hydropower. While large projects can meet stiff resistance in the development

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

A study from a London-based group focused on financial aspects of the energy industry said up to $60 billion of coal-fired power generation assets may be stranded in Southeast Asia in the next 10 years. The study released this week by Carbon Tracker said renewable energy resources and more-stringent environmental policies make investments in new […]

Global new renewable power capacity grew in 2016 even as global new investment in renewables dropped, according to a report commissioned by the United Nations Environment Program out April 6. The Global Trends in Renewable Energy Investment 2017 report found that global investment in renewables—excluding large hydro—fell in 2016 by 23% to $241.6 billion. That […]

Investor-owned electric utilities in the U.S. spent $16.9 billion in 2013 to build transmission infrastructure, a report recently released by the Edison Electric Institute (EEI) shows. The ninth annual publication of the EEI’s Transmission Projects: At a Glance  highlights a cross-section of more than 170 major transmission projects completed in 2014 or planned over the […]