Electricity Grid

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Power Producers Need to Sign Big AI Deals to Justify Soaring Share Prices

Investors counting on a data center-fueled surge in US electricity demand are getting impatient. Some of the investors who drove NRG Energy Inc., Vistra Corp. and others to historic highs on optimism over surging data-center demand are starting to lose patience with the independent power producers. That’s because deals to supply the massive facilities with electricity are moving too …

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Talen Energy Quarterly Profit Falls on Higher Expenses, Susquehanna Outage

Aug 7 (Reuters) – Utility Talen Energy reported a fall in second-quarter profit on Thursday, hurt by higher energy purchase costs and maintenance expenses associated with a refueling outage at its Susquehanna nuclear facility. In May, the utility identified extra maintenance work in Unit 2 of the Susquehanna facility that had already been placed under a planned outage …

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POWERING UP! How Prepared Are U.S. Grid Operators for Extreme Heat This Summer?

(Reuters) – Grid operators across the U.S. are revamping their forecasting methods, introducing reforms to power markets and streamlining interconnection processes to quickly connect more energy to the grid, as a potent combination of extreme weather and data center growth elevate power demand this summer. High temperatures and the expansion of power-hungry data centers are …

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Trump’s Escalation of Clean-Energy Fight Is Creating More Pain for Producers

The US president’s latest move against renewables is to pull funding for transmission lines to carry wind power. By Josh Saul US President Donald Trump’s negative impact on clean energy has been intense this year, but this week he took it to a new level. His administration on Wednesday canceled $4.9 billion in federal financing …

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COMMENTARY: A Mid-Year Check-Up on Global Energy Transition Progress – Maguire

By Gavin Maguire LITTLETON, Colorado, July 24 (Reuters) – Global utilities generated a record amount of clean electricity while cutting output from fossil fuels during the opening half of 2025, thereby maintaining the momentum of international efforts to cut back on fossil fuel use in energy production. However, energy transition progress was more varied at …

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Microsoft, US National Lab Tap AI to Speed Up Nuclear Power Permitting Process

By Stephen Nellis SAN FRANCISCO, July 16 (Reuters) – Microsoft and a U.S. national laboratory on Wednesday said they are partnering to examine how artificial intelligence could be used to speed up the process of compiling the documents needed to secure permits for new nuclear power plants. Microsoft (MSFT.O) and the Idaho National Laboratory (INL) …

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Google Inks $3 Billion US Hydropower Deal in Largest Clean Energy Agreement of its Kind

By Laila Kearney NEW YORK, July 15 (Reuters) – Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity, the company said on Tuesday, as Big Tech pursues the expansion of energy-hungry data centers. The deal between Google and Brookfield Asset Management …

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Trump Joins Tech and Energy Executives Amid AI Push

By Jarrett Renshaw Trump to announce some $90 bln in energy and data center investments in Pennsylvania The event comes as White House prepares executive orders to boost AI and data centers Big Tech is scrambling to access a strained national power grid to power the energy-guzzling data centers PITTSBURGH, Pennsylvania, July 15 (Reuters) – …

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Trump to Unveil $70 Billion in AI and Energy Investments

PITTSBURGH, July 14 (Reuters) – U.S. President Donald Trump will announce $70 billion in artificial-intelligence and energy investments on Tuesday, according to a White House official and a person familiar with the initiatives. Trump will reveal details of these new initiatives at an event near Pittsburgh, where he will be joined by Republican Senator David …

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Lack of New US Power Capacity Could Double Blackouts by 2030, Says Energy Department

(Reuters) – U.S. power outages could double in five years if suppliers fail to add capacity during peak demand, the Department of Energy said on Monday. “Blackouts could increase by 100% in 2030 if the U.S. continues to shutter reliable power sources,” DOE noted in a report on grid reliability and security. It cited green …

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