The Tennessee Valley Authority priced $1.25 billion of new 30- year maturity global power bonds, with an interest rate of 5.25%.

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.

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.

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.

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).

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.