Power demand is surging. New data centers, factories and the electrification of the economy propel a thirst for electricity not seen in decades. Markets are responding but state and local governments have largely been caught off guard. The state blueprint for power demand largely boils down to three approaches: reducing permitting and siting barriers, unleashing...
The biggest winner from AI — at least aside from the tech industry — might surprise you. Of all the industries jockeying to capitalize on the rise in artificial intelligence, the electric power sector is practically salivating. AI is power-hungry and its tech boosters are ready to spend. But it may not be so easy...
Texas is renowned for its ranching industry, but this oldest of American vocations is fast becoming entwined with icons of modern life: solar and wind farms. Among the cattle, Texas is also home to more than 15,300 wind turbines across 239 projects and 197 utility-scale solar farms. “Solar and wind energy now frequently provide more than 45%...
HSBC Holdings Plc said it did $54.1 billion in deals it categorized as sustainable finance in the first half of 2025, marking a 19% increase from the same period a year ago by Europe’s biggest bank. The dealmaking, announced in connection with HSBC’s interim results on Wednesday, means the bank has now provided $447.7 billion in sustainable finance since the...
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Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable. Here are some projects that have been cancelled, postponed or scaled back. Read more in Reuters here!
President Trump said on Sunday that the U.S. reached a trade agreement with the European Union that would impose a 15% tariff rate on its goods. Why it matters: Europe is the latest major partner to accept significantly higher tariffs to stave off worsening trade fights with Trump. Details: Trump announced the deal alongside European Commission President Ursula von der...
Federal regulators on Friday rejected calls by the Midcontinent Independent System Operator and its transmission owners that the grid operator’s independent market monitor be effectively barred from transmission planning oversight. MISO’s tariff “unambiguously” authorizes MISO’s market monitor to review and analyze actions that affect the competitiveness, economic efficiency and operation of the grid operator’s markets...
Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday. Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of...
Louisiana Governor Jeff Landry signed into law late last month a bill defining “green energy” as “… any energy generated by utilizing … hydrocarbons which, when combusted for the purpose of electricity generation meet the National Ambient Air Quality Standards set by the United States Environmental Protection Agency under the authority of the Clean Air Act, and...
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