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by Press Release on (#72YJ7)
NKT has finalized contracts with SSEN Transmission for two high-voltage direct-current (HVDC) transmission links in Scotland, the company announced January 19. The projects, valued at approximately 2 billion combined, represent the largest contract award in SSEN Transmission's history. The Danish cable manufacturer will deliver turnkey 525-kV HVDC power cable systems for the Western Isles and [...]The post NKT Secures 2 Billion in Contracts for Scottish HVDC Transmission Links appeared first on POWER Magazine.
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POWER Magazine
| Link | https://www.powermag.com/ |
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| Updated | 2026-01-20 08:15 |
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by Darrell Proctor on (#72YFC)
Major U.S. utility Constellation said it has completed its acquisition of Calpine Corp. from Energy Capital Partners (ECP), creating the nation's largest producer of electricity. The companies on January 7 noted that the transaction, first announced as a $16.4-billion deal a year ago, unites Constellation's nuclear power fleet with Calpine's natural gas-fired and geothermal generation. [...]The post Constellation Completes Acquisition of Calpine; Groups Have 55 GW of Generation Capacity appeared first on POWER Magazine.
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by Joseph McMullen on (#72YFD)
This year will be a pivotal period for the global energy transition.The International Energy Agency's recent revision to its net-zero roadmap reveals a changing narrative: we are no longer waiting on breakthrough technologies. Sixty-five percent of the emissions reductions we need are achievable with tools sitting on the shelf today. So, the debate is no [...]The post Why 2026 Is the Year the Energy Transition Finally Accelerates appeared first on POWER Magazine.
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by Vineetha Bitragunta on (#72YFE)
Power systems today operate in an environment where reliability and safety must be maintained despite rising loads, expanding interconnections, and increasing dependence on distributed energy resources. One of the most important technologies that supports this stability is the digital overcurrent relay.The post Power System Protection with Digital Overcurrent Relays appeared first on POWER Magazine.
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by Contributed Content on (#72WTM)
Energy-generation permitting in the Mid-Atlantic continues to evolve in 2026 not through wholesale deregulation or uniform acceleration, but through procedural and permitting reform and the potential allocation of generation development authority to public utilities. States are enacting these changes to meet the reality of reliability concerns, transmission constraints, large load-growth, and to address frequent obstruction of energy projects by local government.The post Evolving Technologies, Outdated Regulations Impact Mid-Atlantic Generation Permitting appeared first on POWER Magazine.
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by Sonal Patel on (#72VYY)
PJM Interconnection has trimmed its near-term peak-demand projections in its updated 20-year load forecast, citing tighter vetting of large-load adjustment requests and revised electric-vehicle (EV) and economic assumptions. The grid operator, however, reaffirmed expectations for significant long-term growth driven by data centers and broader electrification. In its2026 Long-Term Load Forecast, issued on Jan. 14, PJM [...]The post PJM Dials Back Near-Term Load Outlook but Maintains Steep Long-Term Growth Trajectory appeared first on POWER Magazine.
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by Contributed Content on (#72VNY)
Apex Clean Energy said the company has successfully financed three utility-scale renewable energy assets across Texas, Ohio, and Illinois. The Virginia-based company on January 12 announced the deals, saying it marked a significant year-end milestone and reinforcing the company's ability to execute at scale." The financings comprise Coles Wind, a MISO wind project and Apex's [...]The post Apex Clean Energy Closes $2.79 Billion in Financing for Three Renewable Energy Projects appeared first on POWER Magazine.
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by Sonal Patel on (#72VJV)
A startup specializing in carbon-negative artificial intelligence (AI) infrastructure powered by renewable energy systems has acquired the idled Buena Vista Biomass Power facility in Ione, California, and plans to convert the legacy wood-burning plant into a 41-MW carbon-negative AI factory." The redevelopment announced on Jan. 14, which New York-based NewYork GreenCloud (NYGC) is executing with [...]The post Idled California Biomass Power Plant to Be Rebuilt as Carbon-Negative AI Factory appeared first on POWER Magazine.
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by Darrell Proctor on (#72VF7)
A Massachusetts-based energy group that owns and operates energy storage and hybrid power generation assets said it has acquired the largest standalone battery storage project in the PJM Interconnection.The post Elevate Renewables Acquires Major Battery Storage Project in PJM appeared first on POWER Magazine.
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by Aaron Larson on (#72VF8)
The gas turbine industry is facing its most significant supply chain challenge in decades, with backlogs extending years into the future and utilities scrambling to secure dispatchable capacity. To better understand the scope of the problem and what options utilities have, POWER spoke with John Shingledecker, principal technical executive with EPRI, and Bobby Noble, senior [...]The post Gas Turbine Supply Chain Bottlenecks Could Reshape the Generation Mix in 2030 and Beyond appeared first on POWER Magazine.
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by Darrell Proctor on (#72V2H)
A data center development company led by former executives with Amazon Web Services (AWS) has joined with a leading investment group to launch a platform for hyperscale data centers in North America.The post Data Center Developer, Major Investment Group Plan Gigawatts of New Capacity appeared first on POWER Magazine.
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by Contributed Content on (#72TZN)
NORD/LB, Rabobank, and Siemens Bank have announced a combined 135 million ($160 million) financing package for a 199-MW portfolio of three wind and two solar farms in Aragon, Spain. The projects have been acquired by ENCAVIS, a leading pan-European independent power producer.The post Bank Consortium Closes $160M Financing for Spanish Wind, Solar Portfolio appeared first on POWER Magazine.
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by Maureen McDonagh on (#72TX5)
As artificial intelligence (AI) models and workloads continue to scale in size and sophistication, their hunger for processing power-and the energy that fuels it-is accelerating faster than any previous wave of digital innovation.The post How AI's Energy Challenge Is Becoming Its Innovation Engine appeared first on POWER Magazine.
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by Darrell Proctor on (#72TPG)
The main energy and water group in Qatar said it has awarded contracts for equipment and construction of a major natural gas-fired power plant that will support both power generation and the country's efforts for desalinated water.The post Qatar Plans Massive Gas-Fired Generation Project; Plant Will Support Desalination Efforts appeared first on POWER Magazine.
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by Aaron Larson on (#72TPH)
The electricity sector faces a timing problem that's becoming impossible to ignore. Data centers, artificial intelligence (AI) deployment, industrial reshoring, and broader electrification are driving load growth at rates not seen in decades-and much of that new demand wants carbon-free, firm power. Nuclear checks those boxes. But can the industry deliver capacity fast enough? POWER [...]The post The Nuclear Industry's Race Against the Clock: EPRI Experts on Fleet Optimization, SMRs, and What's Next appeared first on POWER Magazine.
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by Sonal Patel on (#72TK5)
Vistra Corp. has executed definitive agreements to acquire Cogentrix Energy, a portfolio company of Quantum Capital Group, in a $4 billion transaction that will expand its generation footprint across the PJM Interconnection, ISO New England, and the Electric Reliability Council of Texas (ERCOT). Announced on Jan. 5, 2026, the acquisition includes 10 modern natural gas [...]The post Vistra to Bolster Gas-Fired Fleet by 5.5 GW with $4B Cogentrix Acquisition appeared first on POWER Magazine.
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by Contributed Content on (#72T0D)
Deep Isolation Nuclear, an innovator in nuclear waste disposal technology, on January 13 said the company has successfully completed its Project SAVANT (Sequential Advancement of Technology for Deep Borehole Disposal), a two-year research initiative funded by the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E).The post Nuclear Waste Disposal Group Completes DOE-Funded Research Project appeared first on POWER Magazine.
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by Darrell Proctor on (#72T0E)
A major southeastern U.S. electric cooperative said it has chosen Kiewit Corp. to serve as the lead contractor for a new natural gas-fired combined-cycle power plant it has planned in Monroe County, Georgia.The post Kiewit Chosen as EPC for New 1,425-MW Gas-Fired Power Plant in Georgia appeared first on POWER Magazine.
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by Contributed Content on (#72S2W)
For much of the 20th century, the U.S. set the global standard for civilian nuclear energy. American innovation shaped reactor design, safety culture, and regulatory practice worldwide. Yet today, as nuclear power regains prominence amid concerns over climate, energy security, and industrial competitiveness, America faces a quieter but more consequential challenge: the erosion of its nuclear fuel supply chain.The post Why America's Nuclear Future Depends on Its Fuel Supply Chain appeared first on POWER Magazine.
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by Darrell Proctor on (#72RZS)
A subsidiary of Spanish energy giant Iberdrola said it has energized a major transmission line project in Brazil.Neoenergia on January 10 said the company has completed the final section of the Alto Paranaiba Project. The group said the installation is Iberdrola's largest transmission project in Brazil, and one of that country's biggest electricity delivery initiatives. The 1,600-kilometer (994 miles) transmission line features 3,250 towers, and has six substations along its route.The post Iberdrola Group Energizes Massive Transmission Line Project in Brazil appeared first on POWER Magazine.
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by Darrell Proctor on (#72QBE)
Major U.S. utility Constellation said it has completed its acquisition of Calpine Corp. from Energy Capital Partners (ECP), creating the nation's largest producer of electricity. The companies on January 7 noted that the transaction, first announced as a $16.4-billion deal a year ago, unites Constellation's nuclear power fleet with Calpine's natural gas-fired and geothermal generation. The cash-and-stock deal, when including debt, has a total value of $26.6 billion.The post Constellation Completes Acquisition of Calpine; Groups Have 55 GW of Generation Capacity appeared first on POWER Magazine.
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by Sonal Patel on (#72Q8G)
In-Depth: Meta's suite of three landmark agreements is poised to provide the financial certainty to extend aging plants, accelerate first-of-a-kind advanced reactor deployments, and relieve PJM's tightening capacity constraints while establishing the hyperscaler as an anchor customer for a 6.6-GW corporate-backed nuclear fleet. In a stunning move that reinforces Big Tech's growing role in underwriting [...]The post Meta Locks In Up to 6.6 GW of Nuclear Power Through Deals with Vistra, Oklo, and TerraPower appeared first on POWER Magazine.
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by Jackie Rogers on (#72Q5F)
The post Power Plant Services: Strategies for Reliability, Efficiency, and Flexibility appeared first on POWER Magazine.
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by Jon Omaha on (#72Q5G)
Imagine a city going dark, not from a hurricane or a cyberattack, but because there weren't enough skilled workers to restore power after a routine failure. While utilities scramble to fill critical roles, hyperscale data centers are hiring the same talent at premium salaries. The grid's biggest vulnerability isn't hardware; it's a talent war that utilities are losing.The post The Next Blackout Won't Be Caused by a Storm-It Will Be Sparked by a Talent War appeared first on POWER Magazine.
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by Wayne Chatterton on (#72Q2H)
For more than 60 years, polyethylene (PE) and ethylene-propylene rubber (EPR) underground cables have powered communities, industries, and progress. The hope was these cables could last decades before needing to be replaced, but due to water treeing-microscopic moisture-induced formations that degrade insulation and threaten reliability, they're aging more rapidly than expected. With traditional replacement being costly and labor-intensive, it was time for a new solution.The post Understanding Cable Rejuvenation: A Modern Approach to Grid Reliability appeared first on POWER Magazine.
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by Press Release on (#72PJG)
Exus Renewables North America (Exus), a leading independent owner, developer and operator of utility-scale renewable energy projects, announced the closing of a $400-million senior secured corporate credit facility. The facility will fund the development and expansion of the company's growing wind, solar and battery portfolio.The post Exus Renewables North America Closes $400-Million Credit Facility for Solar, Wind, Storage Projects appeared first on POWER Magazine.
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by Sonal Patel on (#72PJH)
Eavor's Geretsried project marks the first time a closed-loop geothermal system has delivered electricity to a commercial power grid, demonstrating a new pathway for advanced geothermal deployment. Calgary-based Eavor Technologies on Dec. 4, 2025, became the first company to deliver electricity to a commercial power grid at its Geretsried facility in Bavaria, Germany,using a fully [...]The post Eavor's First-of-Its-Kind Closed-Loop Geothermal Project Produces Grid Power in Germany appeared first on POWER Magazine.
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by Darrell Proctor on (#72PG3)
A major data center complex that would be served by 2.7 GW of new natural gas-fired generation has been given the go-ahead by county commissioners in Wyoming.The post Wyoming Approves Data Center Campus that Includes 2.7 GW of New Natural Gas-Fired Generation appeared first on POWER Magazine.
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by Michelle Bloodworth on (#72NV4)
Affordable electricity prices have become a top priority for consumers, policymakers, voters, and elected officials. Electricity prices for the residential, commercial, industrial, and transportation sectors averaged 6.7% higher in September 2025, compared to the same month one year ago. Residential prices alone increased by more than 7%, making it especially challenging for low- and middle-income [...]The post A Simple Way to Prevent Electricity from Becoming Less Affordable appeared first on POWER Magazine.
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by Contributed Content on (#72NQG)
Recent breakthroughs at U.S. fusion labs, along with new public-private partnerships, are bringing us closer than ever to realizing fusion energy's limitless potential. However, the U.S. has a major gap to fill in fusion research and development (R&D), and workforce development.The post Building a Fusion-Ready Workforce: Why STEM and Trades Education Are Key to America's Energy Future appeared first on POWER Magazine.
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by Contributed Content on (#72NNG)
Hydropower is among the most mature and reliable renewable energy technologies, but its dependability rests on thousands of tonnes of rotating equipment humming quietly for decades. Generators are at the heart of those units, and their performance hinges on bearings that carry enormous radial and axial loads. When a bearing fails, the result is not [...]The post Generator Bearing Failures: Root Cause Analysis and the Role of Integrated Data appeared first on POWER Magazine.
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by Press Release on (#72NJ3)
California-based Renewable Properties, a developer and investor in small-scale utility, community solar, energy storage, and EV charging infrastructure projects, announced that it has increased its existing corporate capital facility with funds managed by AB CarVal by $40 million to a total of $120 million. The funds will be used to secure new project opportunities and [...]The post Renewable Properties Secures Additional $40 Million From AB CarVal appeared first on POWER Magazine.
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by Hugh Scott on (#72NEZ)
Global demand for power is increasing. In order to meet that demand, we need fast, dependable options. Battery energy storage systems (BESS) are the fastest path to new capacity, thanks to their agile deployment and ability to support flexible interconnections.The post Software: Batteries' Unsung Hero appeared first on POWER Magazine.
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by Darrell Proctor on (#72N36)
Akshai Baskaran is VP and GM, Energy Management, for Gravity, a San Francisco, California-based company that helps enterprises and their supply chain partners manage their carbon footprint. Baskaran provided POWER with his take on the challenges and opportunities for distributed energy resources in the current regulatory landscape.The post The POWER Interview: Challenges and Opportunities for DERs appeared first on POWER Magazine.
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by Darrell Proctor on (#72N37)
The race to lead when it comes to artificial intelligence (AI) is becoming more about securing the power necessary for data centers and other AI infrastructure. In this POWER Interview, Andrejka Bernatova, founder, chairman, and CEO of Dynamix Capital Partners, discusses Dynamix's belief that the energy and infrastructure industry is in the early phases of a decades-long transition to a low-carbon, sustainable future.The post The POWER Interview: Investing in Energy Solutions for the Data Center Boom appeared first on POWER Magazine.
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by Darrell Proctor on (#72MV0)
Nuclear energy company Commonwealth Fusion Systems (CFS) said it would collaborate with chipmaker NVIDIA and energy technology group Siemens to develop a digital twin of its SPARC fusion machine. The companies said their work will apply artificial intelligence (AI) and data and project management tools to accelerate commercial fusion.The post Commonwealth Fusion Systems, Siemens, NVIDIA Will Develop Fusion Digital Twin appeared first on POWER Magazine.
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by Darrell Proctor on (#72MEW)
A North Carolina-headquartered developer of small modular nuclear power plants announced it has an agreement with the U.S. Dept. of Energy (DOE) for an initiative to build and operate a molten salt reactor.The post DOE Backs Terrestrial Energy Molten Salt Reactor Project appeared first on POWER Magazine.
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by Press Release on (#72MBC)
HA Sustainable Infrastructure Capital (HASI), a leading investor in sustainable infrastructure assets, and Sunrun, a provider of home battery storage, solar, and home-to-grid power plants, announced the closing of an innovative joint venture to finance distributed energy assets. The partnership announced January 6 is expected to ultimately finance more than 300 MW of capacity across [...]The post HASI, Sunrun Expand Business with $500 Million Joint Venture appeared first on POWER Magazine.
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by Contributed Content on (#72MBD)
The thermal utilization of sustainable fuels and the recovery of waste heat play a central role in today's energy generation and the decarbonization of the global industry. Industrial boilers are the backbone of this transition and provide steam for district heating, process applications, and electricity generation. To unleash their potential, boilers must operate cleanly and [...]The post Shock Pulse Technology: Redefining Boiler Performance appeared first on POWER Magazine.
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by Sonal Patel on (#72KWN)
The U.S. Department of Energy (DOE) has issued its first production-scale task orders under a $2.7-billion uranium enrichment program launched in 2024, awarding $900 million each to Centrus Energy Corp., General Matter, and Orano Federal Services to expand domestic capacity for conventional low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) over the next decade. The [...]The post DOE Issues $2.7B Orders to Scale Domestic Nuclear LEU and HALEU Enrichment appeared first on POWER Magazine.
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by Darrell Proctor on (#72KNA)
Two Colorado-based groups are partnering to develop power generation solutions for data centers. Liberty Energy, the Denver-based oil and gas company founded by U.S. Energy Secretary Chris Wright, and Vantage Data Centers (also headquartered in Denver) on January 5 announced a partnership to "develop and deliver utility-scale, high-efficiency power solutions," presumably natural gas-fired units, for Vantage's continued expansion of its North American portfolio.The post Liberty Energy Will Develop Gas-Fired Power for Data Center Group appeared first on POWER Magazine.
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by Darrell Proctor on (#72KF1)
Japanese officials announced the start of commercial operation of a 16.8-MW floating offshore wind farm, a first for that country. The project partners, a consortium that includes some of the biggest names in Japanese energy, on January 5 said the Goto Floating Wind Farm also represents the first commercial application of a hybrid SPAR-type floater technology.The post First Japanese Floating Offshore Wind Farm Comes Online appeared first on POWER Magazine.
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by Darrell Proctor on (#72KBT)
A major independent power producer in Vietnam said its 1.6-GW Nhon Trach 3&4 Power Plant has entered commercial operation. PetroVietnam Power Corp., a subsidiary of the state-owned PetroVietnam (PVN) Group, on January 5 said the facility is the first in the country to be powered by liquefied natural gas (LNG).The post GE Vernova Deploys Vietnam's First HA Turbine at LNG-Powered 1.6-GW Plant appeared first on POWER Magazine.
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by Nick Tumilowicz on (#72H4J)
Electricity management is undergoing a fundamental shift. The traditional model of one-way power flows is giving way to a dynamic system shaped by distributed assets and active consumer participation. Renewables are proliferating, distributed energy resource (DER) adoption is accelerating and assets are emerging at the grid edge.The post Grid Edge DERMS: The Ultimate Enabler of the Decentralized Grid appeared first on POWER Magazine.
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by Contributed Content on (#72HDP)
In power distribution systems, three-phase transformer configuration directly impacts system reliability and load management. Understanding the trade-offs between Delta and Wye connections enables engineers toThe post Selecting the Right Three-Phase Transformer Configuration: A Decision Guide for Power Distribution Systems appeared first on POWER Magazine.
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by Sonal Patel on (#72HDQ)
Analysts still see multi-year deficits in U.S. transformer supply, even as equipment manufacturers invest billions in new factories and advanced manufacturing processes. But some brokers suggest there is noThe post Transformers in 2026: Shortage, Scramble, or Self-Inflicted Crisis? appeared first on POWER Magazine.
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by Sonal Patel on (#72HBF)
Vattenfall, Industrikraft Advance SMR Program at Ringhals in High-Stakes Deal. Swedish state utility Vattenfall and industrial consortium Industrikraft i Sverige AB signed an agreement, announced on Nov. 10The post POWER Digest [January 2026] appeared first on POWER Magazine.
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by Sonal Patel on (#72HBG)
Household electricity use is set to climb sharply through 2035 as electrification expands, shifting power system costs toward capital-intensive grids, renewables, and storage and making affordability increasingly sensitive to policy and financing choices. POWER's monthly print infographic breaks down the forces reshaping electricity bills worldwide. In its November 2025-released World Energy Outlook, the International Energy [...]The post THE BIG PICTURE: Power Affordability [Infographic] appeared first on POWER Magazine.
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by Sonal Patel on (#72HBH)
The world has firmly crossed into the Age of Electricity." That is a unifying finding in the International Energy Agency's (IEA's) 2025 edition of the World Energy Outlook (WEO), which shows a globalThe post The Age of Electricity and 5 Other Forces Reshaping the Global Energy Outlook appeared first on POWER Magazine.
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by Aaron Larson on (#72HBJ)
From artificial intelligence-driven efficiency to transmission bottlenecks, power industry insiders share their perspectives on the opportunities and obstacles shaping 2026 and beyond. The power generationThe post Meeting the Moment: Industry Leaders Chart the Course for Power in 2026 appeared first on POWER Magazine.
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