power generation

Capacity prices in PJM Interconnection’s latest auction spiked to the market’s price ceiling, hitting $329.17/MW-day across the board for the 2026/2027 delivery year—the maximum allowed under new Federal Energy Regulatory Commission (FERC) rules. The regional transmission organization’s (RTO’s) competitive Base Residual Auction (BRA), conducted on July 9, 2025, and released on July 22, secured 134,311 […]

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 […]

Japanese integrated heavy industry group IHI Corp. and GE Vernova have inaugurated a new Large-Scale Combustion Test (LCT) facility at IHI’s Aioi Works in Hyogo, Japan, marking a pivotal step in their joint effort to commercialize gas turbine combustors capable of burning up to 100% ammonia by 2030. The facility will accelerate full-scale prototype testing […]

Small modular reactor (SMR) technology developer NuScale Power has unveiled research programs that could advance an energy system that integrates its nuclear technology to produce desalinated water and hydrogen, while reusing brine waste as an industrial feedstock. The research, developed in partnership with the U.S. Department of Energy’s (DOE’s) Pacific Northwest National Laboratory (PNNL) and […]

The uncertainty surrounding the global tariff war is reshaping the landscape of mergers and acquisitions (M&A) within the energy sector. This dynamic environment presents both challenges and opportunities for investors, compelling them to navigate a complex web of trade policies, supply chain disruptions, and geopolitical shifts.

U.S. Secretary of Energy Chris Wright on May 7 told lawmakers that the Department of Energy (DOE) is entering what he called “a golden era of American energy dominance,” outlining the Trump administration’s strategy to prioritize fossil fuels, nuclear power, grid modernization, and permitting reform, while positioning the U.S. to lead in artificial intelligence (AI) […]

As hydrogen production scales up, power professionals must weigh where—and when—it fits into a decarbonized grid. For now, experts say real progress may depend on addressing structural bottlenecks: project

U.S. production of coal has continued to decline since peaking in 2008, according to a report from the U.S. Energy Information Administration. The EIA–on the same day earlier this month when President Trump signed an executive order designed to increase U.S. coal production and coal-fired power generation—released data showing the U.S. produced 578 million short tons (MMst) of coal in 2023, or less than half of the amount produced in 2008.

Energy and water are like dance partners in a complex ballet, each intricately linked to the other. On the global stage, the greatest demand for water is for electric power generation, while the most energy-intensive sector is the extraction, treatment, and distribution of water.

The Canadian Nuclear Safety Commission (CNSC) has given Ontario Power Generation (OPG) the green light to begin building a 300-MW GE-Hitachi BWRX-300 small modular reactor (SMR) at the Darlington New Nuclear Project (DNNP) site in Clarington, Ontario. The historic approval marks the first time Canada has approved the construction of a grid-scale SMR. The federal […]