natural gas generation
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Finance
Southern Co. Lands Largest Loan in DOE History—$26.5B for Gas, Nuclear, and Grid Projects
The Department of Energy (DOE) has closed a $26.54 billion loan package—the largest single loan commitment in the agency’s history—with Southern Co. subsidiaries Georgia Power and Alabama Power to finance more than 16 GW of “firm” generation and more than 1,300 miles of transmission infrastructure and grid enhancement across the Southeast. The transaction, announced Feb. […]
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data centers
Xcel Energy Inks Dual Alliances with GE Vernova, NextEra to Support 6-GW Data Center Outlook, Generation Expansion
Xcel Energy has moved to lock in supply and development capacity for what could become 6 GW of data center load through separate strategic agreements with GE Vernova and NextEra Energy, announced this week, that reserve five F-class gas turbines, multiple gigawatts of wind capacity, and joint development resources to support generation buildout into the […]
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Data Centers
Oracle Taps VoltaGrid for 2.3-GW Modular Gas Fleet to Power AI Data Centers Across Texas
Texas-based rapid-deployment power specialist VoltaGrid will deploy 2,300 MW of modular, ultra-low-emissions natural gas generation to support Oracle Cloud Infrastructure’s (OCI’s) artificial intelligence (AI) data centers, backed by firm fuel from Energy Transfer’s 140,000-mile pipeline and storage network. Under the collaboration announced Oct. 15, VoltaGrid said its proprietary modular platform—featuring INNIO Jenbacher reciprocating engines and […]
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Power
Vantage, VoltaGrid Partner to Deliver 1 GW of Fast-Deploying Power for Data Centers
Vantage Data Centers, a prominent developer and operator of data center campuses, is teaming with VoltaGrid, an innovative microgrid power generator, to deploy more than 1 GW of power capacity across Vantage’s expanding North American data center portfolio. The strategic partnership, unveiled on Feb. 11, will set a “new benchmark for speed, reliability and energy […]
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Trends
NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as 2028, while also signing a new partnership with GE Vernova to develop natural gas generation projects that could be paired with renewable energy and storage. […]
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Renewables
Experts: Gas Power’s Expansion Riddled with Roadblocks
Even though it may dominate forecasts, natural gas–fired generation faces a troubled expansion in the U.S., according to experts from a variety of stake-holding entities—including an industry group, a utility, a generator, and a pipeline company. Challenges that have few solutions—from price volatility, to gas transport concerns, to rule uncertainty—may upend the nation’s dependence […]