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Power demand
Norway
Equinor Forms New Unit to Capitalise on Soaring Power Demand
Norway’s Equinor announced plans to integrate its renewables business with its gas-to-power plants and energy storage assets. This strategic shift aims to…
Electricity Transmission
Kuwait Implements Power Cuts as Demand Outstrips Restricted Capacity
Kuwait, a major oil-producing nation, briefly reduced electricity supply to certain industrial and agricultural zones on Wednesday due to a spike in power deman…
Power Construction
India Considers Cash Injection for State Power Utilities Amid Rising Demand
As of March 2023, state-run distribution companies had accumulated losses of $75bn.India's Ministry of Power has proposed a financial bailout mechanism for …
Energy Storage System
BESS Successful as Negative Price Periods Increase
Power demand has fallen in Britain by over 20% since 2010, with improved energy efficiency and reduced output in the commercial and industrial sectors being the…
Power Construction
US Startup Launches Off-Grid DC Solutions to Bypass US Grid Delays
US startup DC Grid has launched new off-grid DC solutions to address growing power demand, betting its DC modules can help bypass interconnection queues.Thousan…
Nuclear Power Plant (NPP)
Nextera Considers Nuclear Restart In Iowa, While Renewable Deals Swell
NextEra Energy (NEE.N), is conducting engineering studies and speaking with federal regulators about the possible restart of its Duane Arnold nuclear power plan…
Offshore Wind Power
Dominion Energy Plans to Add 3.4 GW of New Offshore Wind
In its 2024 Integrated Resource Plan (IRP) filed with the Virginia State Corporation Commission (SCC) and the North Carolina Utilities Commission (NCUC), Domini…
Nuclear Power Plant (NPP)
Constellation Energy Eyes New Nuclear for Unprecedented Data Center Power Demand
Constellation Energy (CEG.O), opens new tab is considering building next-generation nuclear plants on its existing sites to meet soaring demand from data center…
Electricity Trade
Hitachi Energy eyes expansion in India amid rising power demand
Labourers work next to electricity pylons in Mumbai, India, October 13, 2021. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing RightsHitachi Energy is …
LNG
Egypt to Ramp up LNG Imports as Output Drops and Summer Nears
Egypt is expected to ramp up liquefied natural gas (LNG) imports as its own natural gas production falls and power demand climbs over the summer period, accordi…
Coal Production
By year-end, 20 coal mines likely to come into operation
Twenty coal mines are likely to become operational by the end of this year, a move that will reduce coal imports and help meet rising power demand.Peak power de…
Thermal Coal
China, India Boost Seaborne Thermal Coal Imports as Power Demand Surges
A cooling tower stands at a thermal power plant under Shaanxi Yulin Energy Group in Yulin, Shaanxi province, China November 20, 2023. REUTERS/Ella Cao/File Phot…
Power Construction
Pakistan's Biggest Private Utility Forecasts Power Demand Will Fall In 2024
A power transmission tower in Karachi, Pakistan, January 24, 2023. REUTERS/Akhtar Soomro/File Photo Purchase Licensing RightsPakistan's largest private util…
PowerGrid Technology
Sempra Boosts Capex by 20% as California, Texas Drive Power Demand
U.S. electric utility Sempra (SRE.N), opens new tab on Tuesday raised its five-year capital expenditures plan by 20% to $48 billion, as power demand growth in T…
Power Construction
India Only Market With No Substantial Decline in Electricity Prices in 2023
India, which witnessed a seven per cent Y-o-Y growth in power demand in 2023, was the only market that did not see any substantial decline in wholesale electric…
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