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Data Center Demand Fuels Unprecedented Utility Investment

OilPrice

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

Utilities 267
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U.S. Utility-Scale Battery Storage Has Surged 15-Fold Since 2020

OilPrice

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…

Utilities 290
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Colorado Utility Develops First Large-Scale Battery Storage System

POWER Magazine

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.

Utilities 295
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Leveraging VPPs to Prepare Utilities for Extreme Weather

POWER Magazine

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.

Utilities 240
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Finland Ending Use of Coal as Last Utility-Scale Plant Shuts Down

POWER Magazine

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.

Utilities 260
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Norway’s State-Owned Utility Announces Sweeping Cost Cuts

OilPrice

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.

Utilities 176
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Next-Generation Panels Recharge Utility Solar Economics

POWER Magazine

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.

Utilities 195