Electricity Grid

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Gas Turbine Shortage Is Forcing Companies Back to Coal

By Akshat Rathi, Stephen Stapczynski, and Oscar Boyd Booming electricity demand driven by AI is causing a shortage of gas turbines worldwide, Stephen Stapczynski and Akshat Rathi explain why on Zero podcast. Gas turbine components, rotors and stators, tested at the Siemens Energy AG manufacturing plant in Berlin, Germany. Photographer: Nicolo Lanfranchi/Bloomberg Rising power demand …

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US Public Power Sector Weighs Risks and Rewards of Data Center Customers

(Reuters) – U.S. public power utilities are seeing explosive electricity demand from data centers, with some requests exceeding the total energy currently used by all of their customers combined, CEOs and investors in the not-for-profit power sector said this week. Big Tech’s data center power demand has created an opportunity to grow revenues and investments …

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US Energy Department Cancels $7.6 Billion in Funding Meant for Projects

(Reuters) – The U.S. Department of Energy on Wednesday said it planned to cancel $7.56 billion in financing for hundreds of energy projects that it said would not provide sufficient returns to taxpayers. The department’s announcement came hours after White House budget director Russell Vought said in a post on X that the administration would …

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Williams Companies to Invest $3.1 Billion in Two Power Projects

U.S. pipeline operator Williams Companies said on Wednesday it plans to invest about $3.1 billion in two additional power-innovation projects. The company also said it would raise its 2025 capital spending plan by $875 million to be between $3.45 billion and $3.75 billion. With U.S. power demand rising, utilities are adding billions to capital plans …

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PG&E Unveils $73 Billion Spending Plan to Meet Surging Data-Center Energy Demand

Sept 29 (Reuters) – U.S.-based utility PG&E Corp (PCG.N) said on Monday it plans to spend $73 billion by 2030 for transmission upgrades to meet the data center-led surge in electricity demand. The company had said in July it was working to serve 10 gigawatts (GW) of new electricity demand from data center projects over …

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Utility Vistra to Build Two New Natural Gas Power Units in Permian Basin

Vistra said on Monday it would build two new natural gas units at its Permian Basin power plant in West Texas, more than tripling the site’s capacity as the state’s grid grapples with rising demand from households and the oil and gas industry. U.S. power consumption is expected to reach record highs in this year …

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Dutch Government Sells Nearly Half of TenneT Germany for $11.3 Billion

By Bart H. Meijer, Andres Gonzalez and Christoph Steitz Buyers are APG, Norges Bank, and Singapore’s GIC Sale follows failed attempt to sell to Berlin last year Berlin considers taking minority stake in TenneT Germany THE HAGUE/LONDON/FRANKFURT, Sept 24 (Reuters) – The Dutch government is selling 46% of power grid operator TenneT’s German unit to …

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Governors Push for More Sway Over Biggest U.S. Grid as Power Bills Surge

Summary State leaders plan PJM Governors’ Collaborative for greater influence over PJM grid Capacity payments rise 1,000% due to data center demand and stagnant power supply Governors seek formal role in PJM, inspired by Midwest and New England models (Reuters) – Governors of more than a quarter of U.S. states are pushing for greater influence …

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US Northeast Electricity Imports from Canada Drop, EIA Reports

Electricity imports from Canada into New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE) have dropped due to drought conditions in Canada and lower U.S. Northeast electricity demand, the U.S. Energy Information Administration (EIA) said in a report on Friday. The EIA noted that from January to August 2025, imports into …

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Hitachi to Invest $1 Billion to Produce Power Grid Components in US

Summary Hitachi to build massive new facility in Virginia for power transformers Investment aims to meet AI data centers’ electricity demand Hitachi’s global investment exceeds $9 billion NEW YORK, Sept 4 (Reuters) – Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the …

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