2025’s Energy Crossroads: 6 Trends Redefining the Global Power Sector

Credit to Author: Sonal Patel| Date: Thu, 02 Jan 2025 12:15:00 +0000

Compared to recent years, which have been characterized by chronic energy shortages and price volatility, the world appears to be trundling toward a new energy market context, defined by an unprecedented

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Five Critical Insights from NERC’s 2024 Long-Term Reliability Assessment

Credit to Author: Sonal Patel| Date: Thu, 19 Dec 2024 21:31:46 +0000

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, […]

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In the 2024 LTRA, NERC finds that most of the North American bulk power system faces mounting resource adequacy challenges over the next 10 years as surging demand growth continues and thermal generators announce plans for retirement. This graphic shows NERC’s risk map with risk drivers and initial shortfall years. Courtesy: NERC

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