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Power Grid
Microgrid
Despite Innovative Action in Microgrid Policies, States Have a Long Way to Go
United States
30-10-2024
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 power plants after record-high prices awarded in its last auction.The most recent PJM capacity auc
Power Construction
30-10-2024
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.Almost 90% of the power utility’s debt is in foreign currency, meaning that a 21% apprec
Electricity Trade
29-10-2024
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 energy companies.Whether to keep Britain’s electricity system as one national market
United States
29-10-2024
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 the United States are ramping up investments in power projects to meet an expected spike in dem
Smart Grid
26-10-2024
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 subsidiary Liander, the biggest distribution system operator (DSO) in the country, to extend t
PowerGrid Technology
26-10-2024
$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. In some places, electricity came back within a few hours. In others, it took a day or two. In
Electricity Trade
26-10-2024
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, threatens future investments in the sector, renewables lobby APPA warned on Friday."We continu
Electricity Transmission
24-10-2024
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 €5bn ($5.4bn).ENW is located in a key area for Iberdrola, between the existing ScottishPower
United States
24-10-2024
Shell To Acquire 609mw CCGT Power Plant Owner RISEC In US
Shell to buy a 609MW CCGT power plant in the US. (Credit: Jason Mavrommatis on Unsplash)Shell Energy North America (SENA), a subsidiary of Shell, has agreed to acquire Rhode Island State Energy Center (RISEC), the owner of a 609MW combined-cycle gas turbi
Electricity Transmission
22-10-2024
US DOE to Invest a Further $2BN to Enhance Grid Resilience and Capacity
The US Department of Energy (DOE) has announced $2bn in additional funding for 38 projects to protect the nation’s power grid against extreme weather and extend its transmission capacity.The funding is part of the Grid Resilience and Innovation
Electricity Transmission
22-10-2024
French Power Group EDF Posts Strike Notice for Later This Week
French power group EDF signalled possible strike action by some of its workers from the evening of Oct. 23 to Oct. 24.There was no indication of how much electricity supply would be affected. The previous strike had no effect.
Electricity Transmission
21-10-2024
Three Power Grid Projects Get $208M From Dept. Of Energy
U.S. Senator Maria Cantwell Friday announced three new federal grants totaling $208.4 million that will help utility providers in Washington modernize their electricity grids.The funds come from the Department of Energy's Grid Resilience and Innov
Electricity Transmission
21-10-2024
Cuba Grid Collapses Again Raising Doubts About a Quick Fix
Cuba's electrical grid collapsed again on Sunday, the fourth such failure in 48 hours, raising fresh doubts about a quick fix on an island already suffering from severe shortages of food, fuel and medicine.The blackout, after weeks of rolling outa
Substation
19-10-2024
Mitsubishi Power Completes Construction of 50MW Woody Biomass-Fired Power Plant in Hyuga, Miyazaki Prefecture
Supporting the Local Community with Power Generation Technologies to Reduce the Environmental Impact- MHI coordinated the EPC contract, and built and supplied the main equipment, while Mitsubishi Heavy Industries Power Environmental Solutions provided the
Power Cable
19-10-2024
Tennet Launches €3 Million Offshore Cable Survey Tender
Dutch offshore transmission system operator (TSO) TenneT has opened an application period for a €3 million tender for surveys of cables installed in the Dutch sector of the North Sea.Work will start in 2025 and will be performed on the export cab
Distributed Grid
19-10-2024
Millions of Cubans Lose Power After National Grid Fails
A woman prepares food with the aid of a cell phone light as Cuba is hit by an island-wide blackout, in Havana, CubaCuba plunged into a countrywide blackout on Friday after one of the island's major power plants failed and caused the national elect
Electricity Transmission
17-10-2024
Fugro to Support Germany’s Rhein-Main-Link Underground Cable Project
Fugro has secured a contract to conduct site investigations for the Rhein-Main-Link underground cable project, which aims to connect North Sea offshore wind farms with the mainland.The contract, which also encompasses consultancy services, was awarded by
Electricity Trade
16-10-2024
OPEC Fund Approves $25 Million Loan for Tajikistan’s Rogun Hydropower Plant
The OPEC Fund for International Development (OPEC Fund) has approved a $25 million loan to support the construction of the Rogun Hydropower Plant (HPP) in Tajikistan. This loan marks the first tranche of a $100 million financing agreement aimed at bolster
PowerGrid Technology
16-10-2024
Highview Power Plans to Develop 2.5GWh LDES Project in Scotland
Scotland’s First Minister meets Highview Power executives as the project launch promises to boost the region.Highview Power has announced plans to develop a long-duration energy storage (LDES) project in Ayrshire, Scotland, with a capacity of 2.
Electricity Trade
11-10-2024
Bangladesh Likely to Keep Power Deal with India’s Adani, Sources Say
Electric power transmission pylon miniatures and Adani Green Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsBangladesh is likely to set aside pricing concerns and reta
Electricity Trade
11-10-2024
BASF Signs Long-term Renewable PPA in China
BASF signs a power purchase agreement with CLP and Envision Energy. Image by BASF.German chemicals group BASF SE (ETR:BAS) said it signed today a 10-year power purchase agreement (PPA) to procure renewable electricity for its three manufacturing sites in
Electricity Transmission
11-10-2024
Over 3 Million Florida Customers Without Power Due to Hurricane Milton
Mobile homes surrounded by flood water after Hurricane Milton made landfall, in St. Petersburg, Florida, U.S. October 10, 2024. REUTERS/Octavio JonesPurchase LicensingRightsMore than 3 million homes and businesses in Florida were without power on Thursday
Electricity Transmission
10-10-2024
Over 97,000 US Customers Still Without Power From Hurricane Helene
[1/2] Power line poles lean after Tropical Storm Helene caused widespread damage to infrastructure, in Lake Lure, North Carolina, U.S. October 1, 2024. REUTERS/Jonathan Drake/File Photo Purchase Licensing RightsMore than 97,000 homes and businesses in Geo
Transformer
08-10-2024
Hitachi Energy to Invest $250M in Indian Transformer Production
Hitachi Energy is celebrating its 75th anniversary in India. Credit: Hitachi Energy.Hitachi Energy will invest $250m (Rs20.99bn) in expanding its capacity, portfolio and talent base in India over the next five years.This investment is part of Hitachi Ener
Transformer
30-09-2024
$155 Million Investment Boosts North American Manufacturing Capacity Amid Rising Demand for Electrical Equipment
Hitachi Energy plans to invest an additional $155 million to expand its manufacturing capacity in North America.Hitachi Energy has added over 8,000 employees between 2020-2023, including more than 1,200 in the U.S. The company has also announced over $150
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SP Group and Univers for Virtual Power Plant Development in S’Pore
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Shell and Ferrari Sign Long-Term Green Power Supply Deal
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ABB Concludes Purchase of Gamesa Electric’s Power Electronics Unit Concludes Purchase of Gamesa Electric’s Power Electronics Unit
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Catalyze Receives $400M From ATLAS to Expand US Distributed Energy Projects
