Credit to Author: Darrell Proctor| Date: Tue, 28 Jan 2025 22:14:49 +0000
The debate over just how much power will be needed to support the artificial intelligence (AI) industry became heated when a Chinese company said it has a low-cost AI model […]
The post DeepSeek Sparks Demand Debate, While Chevron Plans Gas-Fired Plants for Data Centers appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Tue, 28 Jan 2025 22:13:38 +0000
Cisco, a global technology company, and Gridspertise have signed a memorandum of understanding (MoU) to develop and deploy new solutions for the digital innovation in electricity grids. The companies announced […]
The post Cisco, Gridspertise Join to Support Grid Digitization appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Tue, 28 Jan 2025 17:15:30 +0000
Two much-watched advanced nuclear fuel technology companies—Oklo and Lightbridge—will consider co-locating their commercial metallic fuel fabrication facilities to explore synergies and potentially accelerate innovation across the nuclear supply chain. Under […]
The post Lightbridge, Oklo to Explore Co-Located Advanced Nuclear Fuel Fabrication Facilities appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 27 Jan 2025 17:52:04 +0000
India’s government is pledging billions in financial support for the country’s ambitions around artificial intelligence (AI), and a Mumbai-headquartered energy group has said it plans to build what it calls […]
The post India Energy Group Plans ‘World’s Largest’ Data Center appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Mon, 27 Jan 2025 16:28:55 +0000
China’s thermal power generation reached a record high in 2024, primarily due to the country’s coal-fired power plants, even as the country continues to add renewable energy resources to its […]
The post Coal Continues to Lead China’s Record Levels of Power Generation appeared first on POWER Magazine.
Credit to Author: Rich Gorze| Date: Sun, 26 Jan 2025 17:00:58 +0000
Analysis of the levelized cost of energy shows how renewables have become more cost-efficient every year. Today, the least-expensive way to meet energy needs is with renewable resources. For industries […]
The post Building the Largest Clean Energy Microgrid in Puerto Rico appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Sat, 25 Jan 2025 21:09:41 +0000
Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Center—a natural gas power plant located in Virginia’s “Data Center Alley”—in a deal reportedly valued at […]
The post Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal appeared first on POWER Magazine.
Credit to Author: Contributed Content| Date: Sat, 25 Jan 2025 18:57:28 +0000
Shell Energy North America (SENA), a subsidiary of Shell, announced it has completed the 100% equity stake acquisition of RISEC Holdings (RISEC), which owns a 609-MW two-unit combined-cycle gas-fired power […]
The post Shell Subsidiary Completes Purchase of Rhode Island Gas-Fired Power Plant appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Sat, 25 Jan 2025 15:48:58 +0000
TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy […]
The post Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers appeared first on POWER Magazine.
Credit to Author: Sonal Patel| Date: Fri, 24 Jan 2025 18:47:19 +0000
Facing a projected surge in power demand across the country, NextEra Energy is taking steps to potentially restart its shuttered 615-MW Duane Arnold nuclear plant in Iowa as early as […]
The post NextEra Eyes Restart of Shuttered Nuclear Plant, Partners with GE Vernova on Gas Power Expansion appeared first on POWER Magazine.
