NextEra Energy strikes $66.8 billion deal for Dominion in bets on AI power demandThe deal, one of the largest in the U.S. power industry, adds to a wave of consolidation as the rapid data-center buildout lifts power dema...
Dominion energy stock rises highest in over 3 years, Nextera energy stock crashes. Here's whyNextEra Energy is buying Dominion Energy in an all-stock transaction valued at about $66.8 billion, creating the world's largest regulated ...
AEP raises capital plan to $78 billion as data centre power demand skyrocketsAmerican Electric Power is boosting its investment plan to $78 billion. This increase is driven by the rapid growth of data centres. These ...
Bangladesh starts fuelling its first nuclear power stationBangladesh will begin loading uranium fuel into its first nuclear power station on Tuesday, a key step towards bringing the 2,400 megawatt ...
White House to host Big Tech after pledge to rein in power costsThe White House said on Wednesday it will host leading data center and artificial intelligence companies next week, with attendees expected...
US utilities spend big on rising data center demand, but affordability concerns loomThe largest US electric utilities are ramping up spending on new power infrastructure to meet surging demand from data centers, with compan...
How the White House and governors want to fix AI-driven power shortages and price spikesThe White House and a bipartisan group of governors are pressuring the operator of the mid-Atlantic power grid to take urgent steps to boos...
AI data centers are forcing obsolete 'peaker' power plants back into serviceA analysis of filings with the country's biggest power grid shows that about 60% of oil, gas and coal power plants slated for retirement in...
Trump's push for more AI data centers faces backlash from his own votersResidents in rural Pennsylvania are protesting proposed data centers. They fear the projects will harm farmland and increase utility bills....
Big Tech's energy-hungry data centers could be bumped off grids during power emergenciesAs data centers strain U.S. electricity grids, policymakers are considering disconnecting them during power emergencies, a move first initi...
AI boom sends power bills soaring across the US gridElectricity bills are rising in several US states. The reason is the increasing demand from data centers powering artificial intelligence. ...
Google inks $3 billion US hydropower deal in largest clean energy agreement of its kindThe deal between Google and Brookfield Asset Management includes initial 20-year power purchase agreements, totaling $3 billion, for electr...
America's largest power grid is struggling to meet demand from AIAmerica’s largest power grid, PJM, faces a crisis as surging data center and AI demand outpaces new power plant construction. Electricity p...
US heatwave: Electricity demand expected to hit 12-year high. Will your power bill go up?Will your power bill in the United States shoot up and disrupt your household budget amid sweltering heatwave? The intense heat is set to b...
Data center build-out stokes fears of overburdening biggest US gridAI data centers are driving record US electricity demand, straining the aging grid. With fossil fuel plants retiring and new power projects...
CBRE’s project management business to increase employee’s strength by 40%“We have undergone a transition over the past several years as we adapted to the challenges of the pandemic and adopted new business practi...
- IEX, America's PJM in pact to explore business opportunities
Indian Energy Exchange (IEX) today entered into a pact with US-based PJM Technologies to explore opportunities for business collaboration a...