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December 11, 2024

Company News

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.
Thermo King
Transportation Companies Turn to Solar, Hybrid Refrigeration
Cargo transportation companies are replacing diesel-powered generators with units fueled by solar, batteries and regenerative brake energy in an effort to cut emissions from refrigerated containers and trucks.
Shutterstock
Sierra Club Urges Big Customers to Push for Clean Energy to Meet Rising Demand
Sierra Club released a report arguing that utilities can meet rising demand with clean resources, but to ensure that happens, the big customers driving much of that growth need to stick to their clean energy commitments.
The Brattle Group
Brattle Paper Weighs Pros and Cons of Utility-owned Generation in NY
Allowing utilities to own generation again in New York state could speed up their deployment, according to a Brattle Group white paper prepared for Consolidated Edison.
© RTO Insider LLC 
Dominion CEO Says Virginia Well Poised to Meet Growing Demand
A growing economy driven by new data centers has demand surging in Dominion Energy’s utility territory, CEO Robert Blue said in a speech.
DOE
Constellation to Reopen, Rename Three Mile Island Unit 1

Constellation Energy plans to reopen Three Mile Island Unit 1 under a power purchase agreement with Microsoft to sell about 835 MW to serve the company’s data centers.

Tri-State G&T
USDA Program Offers $7.3B to 16 Rural Cooperatives
The U.S. Department of Agriculture announced more than $7.3 billion in financing for 16 rural cooperatives through its New ERA program.
Shutterstock
Mass. DPU Approves 1st Round of Utility Grid Modernization Plans
The Massachusetts Department of Public Utilities approved grid modernization plans from electric distribution companies to handle increasing electrification and the deployment of distributed resources.

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