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by Darrell Proctor on (#74NY3)
TotalEnergies has sold a 50% stake in an 800-MW portfolio of battery energy storage projects in Germany to Allianz Global Investors, a Germany-based group that has nearly $640 billion of assets under management.The post Investment Group Acquires Stake in TotalEnergies' German Energy Storage Portfolio appeared first on POWER Magazine.
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POWER Magazine
| Link | https://www.powermag.com/ |
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| Updated | 2026-06-16 07:00 |
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by Darrell Proctor on (#74NY4)
FlexGen Power Systems, which provides battery energy storage software and services, said it has acquired Clean Energy Services (CES). The companies on April 2 said the acquisition "will create an integrated model that accelerates FlexGen's project delivery, enhances system performance, and strengthens long-term asset reliability for customers."The post FlexGen Acquires BESS Provider Clean Energy Services appeared first on POWER Magazine.
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by Aaron Larson on (#74NVQ)
Dr. Dario Gil, the Department of Energy's (DOE's) Under Secretary for Science, lays out a bold vision to double the productivity of U.S. research and development (R&D) within a decade-and explains why energy and artificial intelligence (AI) are two sides of the same coin. After 22 years at IBM, where he rose to senior vice [...]The post The Genesis Mission: How AI Supercomputing Is About to Reshape American Science and Energy appeared first on POWER Magazine.
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by Darrell Proctor on (#74NDM)
Though severe weather can happen at any time, April 1 is often considered the start of severe weather season-and now more than ever, utilities need reliable, accessible weather information to keep their staff safe and operations running smoothly.The post The POWER Interview: Addressing Data Priorities as Severe Weather Season Looms appeared first on POWER Magazine.
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by Sonal C. Patel on (#74N2Q)
The State of Texas has opened applications for $350 million in advanced nuclear grants through the Texas Advanced Nuclear Development Fund (TANDF), making the nation's largest statelevel nuclear package competitive for the first time across two programs aimed at reactor construction and supply chain development. In an exclusive interview with POWER, Texas Advanced Nuclear Energy [...]The post Exclusive: Texas Opens $350M Advanced Nuclear Grant Programs to Spur Reactor Buildout, Supply Chain appeared first on POWER Magazine.
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by Aaron Larson on (#74MZX)
On the 40th anniversary of the Chernobyl disaster, POWER sent a freelance photographer and correspondent to the site in Ukraine to document the massive decommissioning effort still underway-and the newThe post Chernobyl at 40: The World's Worst Nuclear Power Accident and Where It Stands Now appeared first on POWER Magazine.
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by Sonal C. Patel on (#74MZY)
A once-predictable industry is moving at hyperscale speed. Here are five trends defining the biggest gas power buildout in a generation. Natural gas power is in the middle of its biggest buildout in aThe post Full Throttle: Five Trends Reshaping the Gas Power Boom appeared first on POWER Magazine.
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by Darrell Proctor on (#74MZZ)
Electric utilities and energy consumers have discovered the benefits of electrification as a way to decarbonize operations and take advantage of more intelligent power systems. The push for decarbonizationThe post A Powerful Change Supporting Cleaner Energy appeared first on POWER Magazine.
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by Darrell Proctor on (#74N00)
The global surge in energy demand is spurring investment in several sectors, and is bringing renewed interest in areas such as geothermal. The world's literal hot spots-places such as Iceland, Indonesia, Kenya, and part of the U.S.-are seeing new projects, often as part of testing of advanced technologies such as enhanced geothermal systems (EGS).The post Geothermal's Rise a Hot Topic Worldwide appeared first on POWER Magazine.
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by Aaron Larson on (#74N01)
The power industry finds itself in an uncomfortable bind. Demand for electricity is surging, driven by data center buildouts, broad electrification, and the retirement of aging coal fleets, but the equipmentThe post Cracking the Power Supply Chain Code appeared first on POWER Magazine.
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by Sonal C. Patel on (#74N02)
European electricity infrastructure has become a target of sustained hybrid warfare, and a new report from Eurelectric, the region's power sector trade group, finds that most of the continent's utilitiesThe post Europe's Grid Is Already a Hybrid War Target-Most Utilities Aren't Ready appeared first on POWER Magazine.
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by Contributed Content on (#74N03)
Ameren Illinois and Ameren Missouri found a creative" way to strengthen their utility service territory by strategically installing fiber reinforced polymer (FRP) composite utility poles by CreativeThe post Every Fifth Pole: Ameren's Staggered Strategy for Grid Hardening appeared first on POWER Magazine.
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by Daniel Trueman on (#74N04)
Record battery deployments across Europe are masking a growing crisis: assets that are grid-connected but financially idle, stranded by saturated markets and outdated optimization strategies.The post The Hidden Idle Asset Trap: A New Era of BESS Optimization in Europe appeared first on POWER Magazine.
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by Darrell Proctor on (#74MK6)
The rapid growth of data centers in recent years is increasingly causing angst among power operators. Power industry leaders want assurances that the electric grid is reliable, protected, and sustainable for businesses and the public alike.The post Protecting the Grid in the Age of Data Center Growth appeared first on POWER Magazine.
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by Amaury Perez Sanchez on (#74K6A)
Energas is a company that stands as a successful example of foreign investment for over 20 years. Its partners include the Cuban state-owned companies Union Electrica (UNE) and CubaPetroleo (CUPET), and its foreign partner is Sherritt International. With an installed capacity of 480 MW across three plants-Energas Boca de Jaruco (Figure 1), Energas Puerto Escondido, [...]The post How Energas Turned an Environmental Concern into Cuba's Cheapest Power appeared first on POWER Magazine.
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by Darrell Proctor on (#74JRD)
An Arizona-headquartered developer, owner, and operator of renewable energy projects said construction of another major energy storage project is underway in California.The post Arevon Starts Construction of $600 Million Cormorant Energy Storage Project appeared first on POWER Magazine.
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by Christine Byrne on (#74HNW)
Over the past two decades, utilities have invested billions of dollars building a smarter grid-deploying sensors, automated substations, and advanced analytics platforms capable of monitoring system performance in real time.The post The Missing Intelligence Layer of the Smart Grid appeared first on POWER Magazine.
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by Sonal C. Patel on (#74H55)
A new Texas-based startup has launched an effort to build what would be the first U.S. uranium conversion facility in more than seven decades to restore a domestic capability it says has become an unacceptable chokepoint" in America's nuclear fuel supply chain. FluxPoint Energy made its public debut this week at CERAWeek by S&P Global, [...]The post FluxPoint Energy Enters Race to Build First New U.S. Uranium Conversion Plant in Nearly 70 Years appeared first on POWER Magazine.
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by Aleksey Shtivelman on (#74GWV)
In 2011, I published an article in the Boston University Journal of Science & Technology Law examining space-based solar power (SBSP) and the issue of property rights in space, and more specifically, in geostationary orbit (GEO), under the current regime of international treaties and policies. Today, as the demand for computing power grows, that question [...]The post Solar Power Satellites and Orbital Data Centers-International Space Law Implications appeared first on POWER Magazine.
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by POWER on (#74GQ9)
Global Infrastructure Partners (GIP), a part of investment giant BlackRock following its acquisition in 2024, has led a $250 million upsizing of Budderfly's debt facility, bringing the total facility to $550 million and boosting the Shelton, Connecticut-based Energy-as-a-Service (EaaS) company's cumulative capital base well past $1 billion. The transaction, announced on March 25, also includes [...]The post BlackRock's Infrastructure Arm Leads $250 Million Bet on Commercial Building Efficiency as a Grid Asset appeared first on POWER Magazine.
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by Aaron Larson on (#74GQA)
With federal tax credits under threat and regulatory stability in short supply, Bala Nagarajan, managing director of the energy investments team at S2G Investments, explained what he looks for in a company. Is the product or the solution sold by this business cheaper, faster, better than the incumbent solution?" he asked. If so, it's worth [...]The post Investing in Energy's Anti-Fragile' Future appeared first on POWER Magazine.
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by Darrell Proctor on (#74F81)
Officials in the UK have published a planning document that calls for housing developers to install solar panels and heat pumps in all new homes in England starting in 2028. The government on March 24 also said plug-in solar panels that homeowners can self-install on balconies would be widely available in the coming months.The post UK Government Will Require Solar Power, Heat Pumps in All New British Homes appeared first on POWER Magazine.
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by Darrell Proctor on (#74F50)
A Maryland-headquartered utility-scale developer, owner, and operator of solar power and energy storage projects said it has power purchase agreements (PPAs) with technology giant Google for the electricity from two Texas solar installations.The post Google Has PPAs for Solar Power from Renewable Energy Group appeared first on POWER Magazine.
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by Aaron Larson on (#74EKR)
An analysis of the European Network of Transmission System Operators for Electricity (ENTSO-E) Expert Panel's final report on the April 28, 2025, Iberian Peninsula power grid incident. On a mild, sunny Monday in late April 2025, the power grids of Spain and Portugal collapsed in less than 90 seconds. At 12:33 p.m. Central European Summer [...]The post Anatomy of a Blackout: Findings from the Spain-Portugal Grid Collapse Final Report appeared first on POWER Magazine.
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by Darrell Proctor on (#74EFS)
Electrification has become key for the global move toward cleaner energy, even as government policies continue to impact the use of renewable resources and in some cases embrace continued and even increased support for fossil fuels. Governments and industries wanting to reduce their emissions of greenhouse gases look to electrification not only as an environmental [...]The post The POWER Interview: Electrification Key for Decarbonization, Energy Efficiency appeared first on POWER Magazine.
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by Press Release on (#74ECM)
Anaergia Inc. said the California Public Utilities Commission (CPUC) has conditionally approved a long-term biomethane procurement contract supported by Anaergia's SoCal Biomethane LLC facility, Anew Climate LLC, and Southwest Gas. The project will be the first to supply renewable natural gas (RNG) under California's Senate Bill (SB) 1440 Biomethane Procurement Program.The post CPUC Backs Renewable Natural Gas Contract from Anaergia Facility appeared first on POWER Magazine.
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by Darrell Proctor on (#74EA0)
Artificial intelligence (AI) group OpenAI is reportedly discussing buying electricity from Helion Energy, the fusion startup company based in Everett, Washington. Sources told POWER that a deal would enable OpenAI to be guaranteed part of Helion's power generation, with as much as 5 GW available by 2030 and up to 50 GW by 2035.The post OpenAI in Talks with Helion to Secure Fusion Energy appeared first on POWER Magazine.
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by Aaron Larson on (#74C1V)
The Senate Committee on Energy and Natural Resources convened March 19 for a full committee hearing to examine the Department of Energy's (DOE's) implementation of President Trump's May 2025 nuclear energy executive orders. Three witnesses-DOE Assistant Secretary Theodore Garrish, Kairos Power CEO Dr. Michael Laufer, and Idaho National Laboratory (INL) Director Dr. John C. Wagner-testified, [...]The post Nuclear Sprint: DOE and Industry Race to Meet Trump's Target appeared first on POWER Magazine.
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by Amaury Perez Sanchez on (#74BZJ)
As part of the country's strategic program to strengthen the stability of the national grid, Cuba has begun load testing of the first unit of a battery energy storage system (BESS) at the El Cotorro substation in Havana. This is the first of four systems with a total capacity of 200 MW. According to the [...]The post Cuba Begins Testing First Battery Energy Storage System to Boost Grid Stability appeared first on POWER Magazine.
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by Contributed Content on (#74BWQ)
Tech giant Google has announced what the company calls "A new milestone for smart, affordable electricity growth." Here's the text of a blog post from Michael Terrell, Head of Advanced Energy for the company.The post Google Signs Deal for Demand Response Capacity for Data Centers appeared first on POWER Magazine.
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by Darrell Proctor on (#74BSS)
A fact sheet published by the U.S. Dept. of the Interior notes a $1-billion agreement between Hyundai Heavy Industries Power Systems and developers of the proposed 1.25-GW Terra Energy Center, a new 1.25-GW coal-fired power plant in Alaska. Officials on March 16 said the Terra Energy Center would be the first new coal-fired station built in the U.S. in more than a decade.The post South Korean Groups Backing New 1.25-GW Coal-Fired Power Plant in Alaska appeared first on POWER Magazine.
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by Darrell Proctor on (#74BPX)
Geothermal energy group Fervo Energy, known as a pioneer of next-generation geothermal deployment, said it has successfully closed $421 million in non-recourse debt financing for the first phase of its flagship Cape Station development in Utah.The post Fervo Energy Secures More Funding for Cape Station Geothermal Project appeared first on POWER Magazine.
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by Sonal C. Patel on (#74BPY)
Competitive generation giant Constellation Energy has agreed to sell approximately 4.4 GW of natural gas-fired generation capacity in PJM Interconnection to LS Power Equity Advisors for $5 billion, marking the largest single tranche of divestitures required to resolve antitrust and market-power concerns arising from Constellation's $26.6 billion acquisition of Calpine Corporation. The deal, announced on [...]The post Constellation to Sell 4.4 GW of PJM Gas Power Assets to LS Power for $5B in Regulatory Divestiture appeared first on POWER Magazine.
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by Darrell Proctor on (#74BPZ)
U.S.-based clean energy group Avantus, along with Toyota Tsusho America (TAI), announced completion of the 159-MW Norton Solar Project in Runnels County, Texas. The companies on March 18 said TAI has entered into a long-term virtual power purchase agreement with Toyota Motor North America for the full output of the solar facility.The post Avantus, Toyota Group Complete Construction of Texas Solar Power Project appeared first on POWER Magazine.
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by Aaron Larson on (#74B5X)
The power industry is staring down a workforce crisis. An aging labor force is heading for the exits, new recruits aren't arriving fast enough to replace them, and a historic wave of energy infrastructure investment is only widening the gap. Against that backdrop, a partnership between Stony Brook University and Haugland Group-an infrastructure services company [...]The post How a University and Industry Partner Are Building Tomorrow's Power Workforce appeared first on POWER Magazine.
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by Sonal C. Patel on (#74AHK)
GE Vernova and Japanese integrated heavy industry group IHI Corp. have demonstrated for the first time that full-scale combustor components for GE Vernova's F-class gas turbines can operate on 100% ammonia at full-load conditions, clearing a critical technical barrier in their joint effort to decarbonize dispatchable power. The test was conducted at IHI's Large-Scale Combustion [...]The post GE Vernova, IHI Achieve 100% Ammonia Combustion in F-Class Gas Turbine Test appeared first on POWER Magazine.
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by Aaron Larson on (#7492H)
For much of the 21st century, the North American power sector drifted along on near-zero demand growth. Utilities retired aging coal plants, developers filled interconnection queues with wind and solar, and investors looked elsewhere for excitement. Then came the data center boom-and seemingly overnight, the industry found itself in a full-blown supply crisis. In a [...]The post The Frog Is Dead: North America's Power Grid Faces Its Biggest Reckoning in a Generation appeared first on POWER Magazine.
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by Darrell Proctor on (#7483F)
Energy giants GE Vernova and Hitachi said the companies have entered into a memorandum of understanding (MoU) as part of a plan to deploy the groups' water-cooled BWRX-300 small modular reactor (SMR) in Southeast Asia.The post GE Vernova, Hitachi Exploring SMR Deployment in Southeast Asia appeared first on POWER Magazine.
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by Xavier Smith on (#747K8)
As we move further into 2026, the global energy landscape is increasingly defined by divergence. Oil and natural gas fundamentals are separating, geopolitical volatility remains elevated, and across the industrial economy, execution speed is becoming the defining competitive variable.The post Speed-to-Power: Energy Strategy in the Age of AI appeared first on POWER Magazine.
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by Contributed Content on (#747K9)
Electric utilities have a significant opportunity to create longterm value by building new clean energy infrastructure-an approach Warren Buffett's Berkshire Hathaway utilities have followed quietly but effectively for decades. Xcel Energy calls its version of this strategy Steel for Fuel."The post Resource Plans Drive Clean Energy Value Creation for Investors appeared first on POWER Magazine.
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by Contributed Content on (#747H2)
Eagle Point Credit Management LLC, a private credit investment manager, said it has provided a $28.5-million senior secured term loan to Heritage Energy Storage DevCo I LLC, owned by Heritage Energy Holdings, LLC, a Texas-based solar and storage developer.The post Eagle Point Provides Loan to Texas Solar and Storage Developer appeared first on POWER Magazine.
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by Sonal C. Patel on (#746WZ)
The U.S. Department of Energy (DOE) has launched a new initiative to increase U.S. nuclear generating capacity-targeting 2.5 GW of additional nuclear capacity by 2027 and 5 GW by 2029-by expanding output from operating reactors, restarting dormant facilities, and extending the lifespans of plants already on the grid. The Utility Power Reactor Incremental Scaling Effort-UPRISE-unveiled [...]The post DOE Unveils Initiative to Add 5 GW of Nuclear Capacity Through Uprates and Restarts appeared first on POWER Magazine.
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by Ryan Mallory on (#746X0)
The first data center to run entirely on self-generated nuclear power will shatter a long-held assumption that computing infrastructure must wait for the grid. A large-scale facility will operate around the clock while controlled fission reactions take place 1,000 feet from its server racks. When that happens, every data center operator still waiting for grid [...]The post Why Nuclear Power Is Most Viable Option for Data Centers appeared first on POWER Magazine.
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by Press Release on (#746GS)
Utilidata, a group specializing in embedded artificial intelligence (AI) for power infrastructure, and NexGen Cloud, a European AI cloud provider, have announced the deployment of the Karman AI power control platform across NexGen Cloud's data centers. The companies on March 12 said the collaboration is designed to increase available AI compute capacity within existing grid [...]The post AI Groups Utilidata, NexGen Cloud Partner to Unlock Stranded Energy appeared first on POWER Magazine.
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by Laura Crabtree on (#746GT)
The energy industry, specifically the nuclear sector, is staring down a challenging 2026 with a combination of mounting pressure: tech giants shaking hands on purchasing agreements before facilities are fully built, innovative solutions reinventing the methods of long-established leaders, and mounting demands to deliver efficiency faster. Does that sound familiar? COMMENTARY If you've had an [...]The post Aerospace Offers an Unlikely Playbook for the Nuclear Energy Industry in 2026 appeared first on POWER Magazine.
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by Darrell Proctor on (#744RY)
A new report from a leading solar industry group and a top energy data analytics firm said about 43 GW of new solar power generation capacity was added across the U.S. last year.The post Solar Adds 43 GW in 2025; Fifth Straight Year as Top New Generation Source appeared first on POWER Magazine.
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by Darrell Proctor on (#7442R)
Energy group Babcock & Wilcox (B&W) said it will proceed on a $2.4-billion design-build agreement with an independent power producer (IPP) to support data center campuses. B&W on March 4 said the deal with Base Electron, an IPP, will supply power for what the groups called artificial intelligence (AI) factory campuses for Dallas, Texas-headquartered Applied Digital.The post Babcock & Wilcox Will Deliver 1.2 GW of Gas-Fired Capacity for Applied Digital Data Centers appeared first on POWER Magazine.
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by Darrell Proctor on (#742CC)
Energy regulators in Arizona have given the go-ahead to convert several units at two coal-fired power plants in the state to burn natural gas.The post Coal-to-Gas Conversions Approved for Two Arizona Power Plants appeared first on POWER Magazine.
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by Sonal C. Patel on (#741K6)
Seven of the nation's largest artificial intelligence (AI) companies and hyperscalers signed a White House-brokered agreement March 4 committing to build, procure, or fund new generation capacity sufficient to cover the electricity demands of their data centers-and to pay for all grid infrastructure upgrades required to connect them, without passing those costs to residential or [...]The post Hyperscalers Sign White House Pledge to Fund Data Center Power, Grid Upgrades appeared first on POWER Magazine.
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by Darrell Proctor on (#741DF)
An Arizona-headquartered energy development group announced the start of commercial operations for a 430-MW solar power installation in Missouri. Scottsdale-based Arevon said it developed, built, and will own and operate the Kelso Solar Project in Scott County.The post Arevon Brings 430-MW Solar Farm Online in Missouri appeared first on POWER Magazine.
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