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The Tennessee Valley Authority has entered into a Cooperative Agreement with Type One Energy to jointly develop plans for a potential TVA fusion power plant project in the Tennessee Valley region using Type One Energy stellarator fusion power technology.
Goldman Sachs Research is forecasting global power demand from data centers will increase 50% by 2027 and by as much as 165% by the end of the decade (compared with 2023).
Several energy providers launched their plan to provide long-term electric reliability for customers by developing the Upper Midwest’s first 765-kilovolt transmission project, “which will meet the significant growth in electricity use projected in the coming decades and improve access to new energy sources needed to serve communities throughout the region,” they said on Feb. 10.
LUMA, which operates and manages the electric power transmission and distribution system in Puerto Rico, recently announced an agreement with Linxon US LLC and their partner AtkinsRéalis Caribe, to build nine energy interconnection points.
ISO New England’s Day-Ahead Ancillary Services Market, designed to ensure sufficient energy and reserves to meet customer demand throughout the operating day, goes live Feb. 28.
Unprecedented demand growth from traditional loads, data centers, and electrification is coming at a time when traditional generation is retiring prematurely and new, reliable generation cannot be built quickly enough. The North American Electric Reliability Corporation’s latest Long-Term
February 12, 2025
The Tennessee Valley Authority priced $1.25 billion of new 30- year maturity global power bonds, with an interest rate of 5.25%.
The CPS Energy Board of Trustees recently voted to elect current Vice Chair, Dr. Francine Sanders Romero, as the new Board Chair and Dr. Willis Mackey as the new Vice Chair, effective February 1, 2025.
The Stillwater Electric Utility, the City of Stillwater, Oklahoma’s electric department, earned the Municipal Electric Systems of Oklahoma Inc. first-place award in the annual Electric Operations and Reliability Competition, for the second year in a row, and a first-place award for safety.
The Federal Energy Regulatory Commission on Feb. 11 accepted revisions to a section of PJM Interconnection’s Open Access Transmission Tariff known as the Reliability Resource Initiative to add provisions enabling a one-time reliability-based expansion of the eligibility criteria for “Transition Cycle #2” of PJM’s existing interconnection queue.