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December 3, 2024

Company News

Constellation Energy
Constellation Pushes Ahead on Co-located Data Centers
Constellation Energy remains bullish on data centers co-located with nuclear power plants, despite FERC rejecting terms for the expansion of one such agreement in a high-profile ruling.
© RTO Insider LLC 
Exploring Alternatives to Hyperscale at the USEA Energy Tech Forum
Finding the sites and hundreds of megawatts of power data centers is “rather limited,” so said talks at the U.S. Energy Association’s Energy Tech Connect Forum.
Shutterstock
DOE Challenge Sends New Cold Climate Heat Pumps to Market
Heat pumps are seen as a core technology for cutting greenhouse gas emissions from the U.S. building stock, where space and water heating and cooling account for 40% of the country’s primary energy use.
NextEra Energy
NextEra Adds Renewables, Eyes Nuclear Restart
NextEra Energy reported deals for 3 GW of new renewables with its third quarter financials and said it has reached a framework agreement totaling 10.5 GW with two major corporations. 
GE Vernova
GE Vernova Gives Update on Offshore Wind Woes
GE Vernova reported its onshore wind business had its best quarter in three years but its performance was canceled out by problems in its offshore wind business. 
Urenco
DOE Doubles Down on Advanced Nuclear with HALEU Contracts
The war in the Ukraine, coupled with the boom in electricity demand driven by data centers, has created a “muscular resurgence” of interest in nuclear, National Climate Advisor Ali Zaidi said.
U.S. Energy Secretary Jennifer Granholm
Attentive Withdraws NY Offshore Wind Proposals
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
Amazon
Amazon Moves to Accelerate SMR Development
Amazon is stepping further into the nuclear energy market, reaching agreements with X-energy Reactor Co., Energy Northwest and Dominion Energy Virginia surrounding advanced reactor technology.
Siemens Gamesa
Eversource Takes Another Financial Hit with OSW Exit
Eversource Energy has formally ended its costly foray into offshore wind development, finalizing the sale of its last two offshore assets and predicting a half-billion-dollar loss as a result. 
Bipartisan Policy Center
Nvidia CEO Huang Explains What’s Behind AI’s Energy Demand
Nvidia CEO Jensen Huang explained why AI is driving such high demand for electricity and how it could benefit the power grid, and society more generally, in the near future.

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