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Offshore Wind Power
UK Can Meet 2030 Clean Power Target With Less Wind Than Promised
The UK has a narrow pathway to achieve the government’s goal of a clean power grid by 2030, and it may not need as much offshore wind as promised to get t…
Battery
Australia’s Origin Energy Begins Building 240 MW Of Battery Storage
Construction has begun on the AUD 450 million second stage of a 1,030 MWh, four-hour grid-forming battery at Eraring Power Station.The second stage will add a 2…
Power Construction
New Ultra-high Voltage Project Begins Operation In North China
An aerial drone photo taken on Oct. 31, 2024 shows Shengli substation of the Zhangbei-Shengli 1,000-kilovolt ultra-high voltage (UHV) alternating current (AC) p…
Electricity Transmission
South Africa’s Eskom Opposes Electricity Trading Licenses
Power utility Eskom Holdings SOC Ltd. will ask the High Court to review a decision by South Africa’s energy regulator to grant licenses to multiple applic…
Electricity Trade
The Rust Belt Is Becoming Ground Zero for the EV Charging Boom
As electric car sales pick up pace far from the US coasts, a wave of new fast-charging stations coming online from the Rust Belt down to the Deep South.Roughly …
United States
US Governors Push Back on PJM After Record-High Power Plant Prices
A group of five governors on Tuesday urged PJM Interconnection, the largest U.S. grid operator, to change the process it uses to determine the price paid to pow…
Power Construction
Kenya Power Swings to Record Profit as Strong Currency Cuts Debt
Kenya Power and Lighting Co. posted a full-year profit thanks to a stronger local currency that softened its debt burden, sending the stock to a record high.Alm…
Wind Power Project
Developers Nab Leases to Build New England Floating Wind Farms
Avangrid Inc. and Invenergy LLC units secured leases to install wind turbines across some 439,000 acres in the Gulf of Maine during a US government auction Tues…
Electricity Trade
UK's Energy Industry Divided in Battle for Free Electricity
A proposal to divide up the UK power market and unleash free electricity in the windiest parts of the nation is turning into a bitter fight between its biggest …
United States
NextEra Plans To Raise $1.5 Billion To Fund Energy Projects
Utility firm NextEra Energy (NEE.N), said on Monday it intends to raise $1.5 billion through the sale of equity units to fund new projects.Utility firms across …
Smart Grid
Siemens Teams For Digital Twin Of Dutch Grid
Alliander is using digital twin technology from Siemens to reduce grid congestion and increase grid utilization in the Netherlands. Using Gridscale X will allow…
PowerGrid Technology
$474 Million for More Grid Resilience in USA
After Hurricane Helene and Hurricane Milton knocked out power for millions of Americans recently, grid resilience is top of mind. We need better grid resilience…
Electricity Trade
Spanish Renewables Industry Warns Of Threats To Investment
The mismatch between increasing supply of renewable power and electricity demand that is struggling to grow, coupled with depressed wholesale power prices, thre…
Battery
US Power Grid Added Battery Equivalent Of 20 Nuclear Reactors In Past Four Years
Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batter…
Electricity Transmission
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €…
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