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power utilities are set to spend $212.1 According to the investment bank, capex in the power utility sector in the United States will hit an all-time high in 2027, at $228.1 According to the investment bank, capex in the power utility sector in the United States will hit an all-time high in 2027, at $228.1
electricity networks, with power utilities focusing more on building out capacity from natural gas plants and renewable energy sources. However, steady cost declines coupled with rising energy density levels have encouraged utilities to ramp up their battery installations, with…
Colorado-based wholesale public power provider Platte River Power Authority announced it is working with Weld Energy Storage, a subsidiary of NextEra Energy Resources, to develop the electric utility's first large-scale battery energy storage project.
These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine. From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands.
The last operating large coal-fired power plant in Finland has shut down, with the facility’s operator saying it now will use electricity, waste heat, and heat pumpsalong with burning biomassto […] The post Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down appeared first on POWER Magazine.
Norwegian state-owned utility Statkraft announced plans on Wednesday to slash annual costs by 2.9 The move comes amid mounting cost pressures across Europe’s power sector and reflects deeper financial strain among major renewable-focused utilities.
power landscape, presenting an opportunity for forward-thinking utilities. The post Next-Generation Panels Recharge Utility Solar Economics appeared first on POWER Magazine. A massive surge in energy demand is about to reshape the U.S.
Power generators and transmission system engineers have to rethink their planning strategies, and must continue to develop tools to allow more solar, wind, and other forms of renewable energy to […] The post Utilities, Grid Operators Grapple with Adding Renewable Energy appeared first on POWER Magazine.
If you’re looking for a job that provides stability, room for advancement throughout your career, great pay, interesting and exciting responsibilities, and a mission of serving your community, you (or, for the parents, your young recent graduate) should set your eyes on your local natural gas utility. Are you great with technology?
Over the past 100 years of US utility regulation, weve witnessed a great inversion of power: a once muscular administrative state has been severely weakened. In boxing terms, the utilities have won this round decisively vs big government.
Utility Global, a clean hydrogen production group, announced it will partner with Hanwha Corp. The post Utility Global, Hanwha Collaborate on Hydrogen Production Using Biogas appeared first on POWER Magazine.
Arizona’s three major electric power utilities said they will collaborate to explore adding more nuclear power generation in the state, possibly placing small modular reactors (SMRs) or building large reactor […] The post Arizona Utilities Announce Effort to Add More In-State Nuclear Power appeared first on POWER Magazine.
A volunteer advisory group told the utility that serves Colorado's second-largest city that it should look at adding a small nuclear reactor for additional power generation. The post Colorado Utility Looking at Adding Nuclear Power to Fleet appeared first on POWER Magazine.
A utility that serves customers in Missouri announced it plans to build an 800-MW natural gas-fired power plant, along with the company's first large-scale battery energy storage facility, at a site near St. The post Missouri Utility Plans New 800-MW Gas-Fired Plant, Will Include Energy Storage appeared first on POWER Magazine.
utilities plan billions of dollars of investments in transmission and distribution to meet rising power consumption after two decades of zero growth. investor-owned utilities… Demand for critical electrical equipment supply is soaring as U.S. Annual investment in transmission and distribution infrastructure by U.S.
In an era where grid modernization, decarbonization, and electrification dominate utility agendas, fleet management strategies are lagging behind. The post Why Utility Fleets Still Struggle to Harness True TCO Intelligence appeared first on POWER Magazine.
Utilities seek to pursue critical advanced metering infrastructure (AMI) 2.0 outcomes, such as advanced analytics, demand response programs, outage management, distributed energy resource integration, and improved customer technology adoption by […] The post How Utilities Can Prepare for the AMI 2.0
a manufacturer and distributor of purpose-built, all-electric, zero-emission medium- and heavy-duty vehicles, has launched a new utility vehicle designed for commercial fleets. GreenPower Motor Company Inc.,
A Texas utility that expects to bring another 228 MW of natural gas-fired power generation online in December also plans to begin operating an additional four gas-fired units over the […] The post Texas Utility Plans to Add New Gas-Fired Generation appeared first on POWER Magazine.
With states like Ohio, Pennsylvania, and Hawaii beginning to execute their National Electric Vehicle Infrastructure (NEVI) Formula program plans, utilities within these states are rapidly coordinating the electrical power requirements […] The post How Electric Utilities Are Enabling Transportation Electrification at Scale appeared first on POWER (..)
You may have heard of the Tennessee Valley Authority (TVA), our nations largest public utility and source of cheap, clean, and reliable electricity for 10 million people. You may even […] The post America’s Nuclear Renaissance: How the TVA Can Lead Our Energy Future appeared first on POWER Magazine.
The supply deal will be Kyushu Electric Powers first-ever agreement for LNG deliveries from the United States, which will help diversify the utilitys energy sourcing, the company said in a statement on Thursday carried by Reuters.
A group that represents utility companies worldwide said its members want to nearly triple their renewable energy generation capacity by 2030. The Utilities for Net Zero Alliance (UNEZA), which was […] The post Global Utility Alliance Calls for Tripling Renewable Energy Capacity appeared first on POWER Magazine.
During EQT Corporation’s third quarter 2023 update and conference call (held in October 2023), the company announced “two of the largest, long-term physical supply deals ever executed” for 1.2 billion cubic feet per day (Bcf/d) of EQT’s molecules.
22 said it had […] The post Texas Adds Two More Utility-Scale Solar Power Projects appeared first on POWER Magazine. -leading portfolio of renewable energy projects, with two large solar power installations recently coming online. Clearway Energy Group on Feb.
Its infrastructure is […] The post 3 Steps for Utility Companies to Get Started with Undergrounding appeared first on POWER Magazine. electric grid is under more strain than ever to support exponential electricity demand due to artificial intelligence (AI), data centers, electric vehicles, and hotter temperatures.
Whats in doubt is how much additional power-generating capacity the AI boom will need and how electric utilities will navigate through the complex supply-demand balances in various regions. power utilities have announced billions of U.S.
Michigan’s major electric utility said it plans to build one of the nation’s largest standalone battery energy storage projects at the site of a retired coal-fired power plant. Detroit-based DTE […] The post Michigan Utility Replacing Coal Plant With Large Energy Storage System appeared first on POWER Magazine.
An independent power producer and a major electric cooperative—both based in Tennessee—have announced an agreement to partner on a utility-scale solar power installation to serve customers in that region.
Creative Composites Group (CCG), a leading manufacturer of fiber-reinforced polymer (FRP) composites, announced that the group has acquired the assets of Schaumburg, Illinois-based Trident Industries (Trident), a manufacturer of ultra-resilient […] The post Composite Pole Manufacturer Grows Through Acquisition, Boosting Grid Hardening Capabilities (..)
American Electric Power (AEP) subsidiary AEP Ohio filed a settlement agreement with the Public Utilities Commission of Ohio (PUCO) and key stakeholders on Oct. 23 to address the costs of […] The post AEP Ohio Proposes New Utility Tariff for Data Centers to Offset Infrastructure Costs appeared first on POWER Magazine.
Last fall, Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU), both part of PPL Corporation, forecasted in their Integrated Resource Plan (IRP) the need for additional power generation due to. Data centers are looking to Kentucky for future expansion.
Investor-owned utility Consumers Energy says it will power 1,500 new fast charging locations for electric vehicles by the end of the decade, representing a major expansion in public charging for Michigan. The forecast is part of Consumers Energy’s Transportation Electrification Plan that it is filing with state regulators.
Indias NTPC, the countrys largest power utility, is looking for partners to help it build 15 GW of new nuclear capacity, Reuters has reported, citing tender documents.
Japan’s largest utility said it will start the first of three units at a new natural gas-fired power plant near Tokyo in an effort to provide more electricity during the […] The post Japan Utility Will Bring 2.34-GW GW Gas-Fired Plant Online Ahead of Schedule appeared first on POWER Magazine.
The post Estonia Plans 600-MW Nuclear Power Plant Utilizing BWRX-300 SMRs appeared first on POWER Magazine. Government officials in Estonia announced the country will initiate a spatial planning process and an environmental impact assessment for construction of the country's first nuclear power plant.
this hurricane season. […] The post Coastal Utilities Warned of ‘Potentially Explosive’ 2024 Hurricane Season appeared first on POWER Magazine. AccuWeather’s team of expert meteorologists is warning people and businesses to start preparing for a frenzy of tropical activity that could have major impacts on the U.S.
Dynamic line rating (DLR) enables utilities to unlock up to 40% additional capacity from existing infrastructure, allowing grid operators to rapidly increase energy throughput. This capability is crucial in today’s […] The post DLR is More Than Optimizing Capacity; How Can Utilities Ensure Safety and Reliability?
Kathy Hochul said the state is ready to build a utility-scale nuclear power plant and would seek funding from the private sector to make it a reality. New York Gov. The governor on June 23 provided few details about the project, except to say it likely would be located in an upstate location. The post New York Gov.
A Kentucky electric cooperative plans to build new natural gas-fired units, and convert some of its coal-fired units to burn natural gas, as part of an expansion of its power […] The post Kentucky Utility Plans New Gas-Fired Units, Coal-to-Gas Conversion, and Solar Farms appeared first on POWER Magazine.
automaker to facilitate customer participation in SCE’s Emergency Load Reduction Program (ELRP), one of the […] The post Ford, California Utility Reward EV Customers for Supporting Power Grid appeared first on NGT News. Ford is the first major U.S.
A major Indiana utility said it’s preparing to switch its remaining coal-fired power plant to burn natural gas. AES Indiana on March 12 said the two coal-burning units at its […] The post Indiana Utility Will Convert Remaining Coal Units to Burn Natural Gas appeared first on POWER Magazine.
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