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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 …
Utility Vistra to Build Two New Natural Gas Power Units in Permian Basin Read More »
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 …
Dutch Government Sells Nearly Half of TenneT Germany for $11.3 Billion Read More »
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 …
Governors Push for More Sway Over Biggest U.S. Grid as Power Bills Surge Read More »
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 …
US Northeast Electricity Imports from Canada Drop, EIA Reports Read More »
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 …
Hitachi to Invest $1 Billion to Produce Power Grid Components in US Read More »
Takeaways by Bloomberg AI Energy Secretary Chris Wright says soaring US electricity prices are his biggest concern. Electricity prices across the country rose at more than twice the rate of overall inflation in the past year and are holding near a record high. Residential electricity prices have climbed about 10% from January until May and are …
Energy Chief Says High Power Bills Are His Top Concern Read More »
By Josh Saul and Riley Griffin Louisiana regulators approved Entergy Corp.’s plan to build three natural gas plants to power Meta Platform Inc.’s biggest data center. Meta’s latest and largest data center is a 4 million–square–foot complex in rural Louisiana intended to support the company’s most powerful artificial intelligence models. Meta Chief Executive Officer Mark …
Entergy to Build Three Gas Plants for Meta’s Biggest Data Center Read More »
By Gavin Maguire LITTLETON, Colorado, Aug 21 (Reuters) – U.S. power generation capacity is evolving at the fastest pace in decades, as utilities scramble to ensure that supplies keep up with rapidly growing electricity demand from data centers, AI applications, businesses, homes and electric vehicles. To help frame expectations on what power sources will likely …
COMMENTARY: Charting the Projected US Power Capacity Mix Through 2035 – Maguire Read More »
(Reuters) – U.S. power firms are building out the most gas-fired power generation capacity globally, which will cement the country’s position as by far the world’s largest natural gas consumer and gas-fired power producer. But the growing reliance on natural gas for domestic power generation also stands to stoke tensions with the fast-growing LNG export …
US Gas-Heavy Power Pipeline Set to Stoke LNG Exporter Tensions Read More »
By Kavya Balaraman Aug 14 (Reuters) – The U.S. is poised to see supply shortages of 30% and 10%, respectively, of power and distribution transformers this year, as surging electricity consumption drives demand for power infrastructure, Wood Mackenzie said on Thursday. Demand for certain kinds of transformers – pieces of equipment that step up or …
US Faces Transformer Supply Shortfall as Power Demand Surges, WoodMac Says Read More »
