CenterPoint Saw Data Center Demand ‘Dramatically Change’ Over Summer Oct. 28, 2024 The leaders of CenterPoint Energy Inc. this summer saw “a fundamental shift” in data center activity in their Greater Houston footprint, CEO Jason Wells told analysts Oct. 28. After beginning the season with about 1 gigawatt of demand…
World entering the “age of electricity” as demand outpaces all other forms of energy
World entering the “age of electricity” as demand outpaces all other forms of energy Energize Weekly, October 23, 2024 The world is set to enter the “age of electricity” as demand has grown more quickly than any other energy source and is set to accelerate even more, according to the…
Load Growth To Drive Earnings At American Electric Power
Load Growth To Drive Earnings At American Electric Power Oct. 07, 2024 American Electric Power Company (NASDAQ:AEP) is well positioned to outperform the market with a superior blend of growth and value. Incremental power demand in AEP’s markets creates a potentially decades long runway of above normal rate base growth,…
Power Grid Under Pressure: Is U.S. Transmission Infrastructure Ready for the Surge in Energy Demand?
Power Grid Under Pressure: Is U.S. Transmission Infrastructure Ready for the Surge in Energy Demand? Sept. 23, 2024 The demand for power is growing, but is the bulk transmission’s infrastructure ready for it? This past summer saw peak demands setting records followed by next-day power prices setting their own records,…
Governor Gianforte Celebrates Nearly $1 Billion Energy Investment in Montana
Governor Gianforte Celebrates Nearly $1 Billion Energy Investment in Montana September 20 2024 Governor Greg Gianforte yesterday cut the ribbon on NextEra Energy Resources’ Clearwater Wind Energy Center in Miles City and celebrated the company’s nearly $1 billion investment in Montana. “We’re ramping up energy production in Montana with our…
Four Kansas GOP members working to blunt federal power on transmission line corridor
Four Kansas GOP members working to blunt federal power on transmission line corridor September 13, 2024 Four Republicans in the Kansas congressional delegation Friday offered support for legislation limiting federal authority to take control of private property for development of a national electric transmission corridor. The bill backed by U.S.…
Data Centers Face Seven-Year Wait for Dominion Power Hookups
Data Centers Face Seven-Year Wait for Dominion Power Hookups August 29, 2024 Dominion Energy Inc. expects the time it takes to connect large data centers to the electric grid to increase by one to three years amid a surge in requests, bringing the total wait time to as long as…
TVA power grid working overtime amid record-breaking heat
TVA power grid working overtime amid record-breaking heat Aug 30, 2024 It’s no surprise that intense heat in Middle Tennessee has lead a lot of people to crank up the air conditioning. Officials with the Tennessee Valley Authority (TVA) told News 2 that this means the power grid is working…
Why Mississippi coal is powering Georgia’s data centers
Why Mississippi coal is powering Georgia’s data centers Aug 27, 2024 Last October, Georgia Power approached regulators with what it said was a crisis. Unless they did something soon, they discovered, the growing demand for electricity would outpace production sometime in the winter of 2025. Georgia’s Governor Brian Kemp and…
ERCOT successfully navigates heat wave, new peak demand record
ERCOT successfully navigates heat wave, new peak demand record Aug 26, 2024 Despite record temperatures last week and a new peak demand record, the Electric Reliability Council of Texas said it was able to maintain service without conservation requests, which it required last summer. Large additions of renewables and battery…
Market problems, poor planning causing price hikes in nation’s largest electric market, critics say
Market problems, poor planning causing price hikes in nation’s largest electric market, critics say August 20, 2024 After years of climbing electric prices nationwide, customers in the United States’ largest power market are about to get squeezed harder. Last month, PJM, which coordinates the flow of electricity for an area…
US utilities poised to ride data center demand wave in second half
US utilities poised to ride data center demand wave in second half August 13, 2024 U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year. Top utilities,…
SRP Sets New Record for Amount of Energy Delivered to Customers
SRP Sets New Record for Amount of Energy Delivered to Customers August 6, 2024 Arizona public power utility Salt River Project recently set a new record for the amount of energy delivered to its retail customers. On Sunday, Aug. 4, between 5 and 6 p.m., SRP delivered its highest system…
Maine regulators will map out the next decade’s demands on the power grid
Maine regulators will map out the next decade’s demands on the power grid July 29, 2024 An initial 10-year plan by the state for guiding Maine’s electric utilities includes goals of improving the reliability and resilience of the power grid system in the face of climate change — while also…
Seattle City Light to increase rates due to higher demand, rising energy costs
Seattle City Light to increase rates due to higher demand, rising energy costs July 15, 2024 The Seattle City Light Department recently announced a plan to increase rates for customers amid a growing energy demand and heightened labor costs. Customers could see a 5.4% rate increase in 2025 and 2026,…
Arizona voters will vote on going green fast or keeping fossil-fuel choices in the mix
Arizona voters will vote on going green fast or keeping fossil-fuel choices in the mix July 8, 2024 Three seats on the Arizona Corporation Commission are up for grabs in the coming primary and general elections, and the results of these votes will help set the state’s water and power…
Entergy Texas announces resiliency plan to strengthen the Southeast Texas power grid
Entergy Texas announces resiliency plan to strengthen the Southeast Texas power grid 07/01/2024 Extreme weather has become more frequent and severe in Texas. According to the National Centers for Environmental Information, there have been 179 extreme weather events in Texas from 1980 to June 2024, including hurricanes and winter storms.…
Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023
Despite bad weather and forced power plant outages the nation’s grid was reliable in 2023 Energize Weekly, July 3, 2024 Even in the face of extreme weather events and higher rates of forced outages at generating facilities, the U.S.-Canadian electric grid remained “reliable and secure” in 2023, according to the…
New NREL Report Highlights Pathways to Unlock Full Potential of Interregional Transmission
New NREL Report Highlights Pathways to Unlock Full Potential of Interregional Transmission June 14, 2024 Interregional transmission lines, which connect multiple planning regions, can offer numerous benefits to electric customers, such as increased grid reliability and reduced costs. However, current market and operating practices were not designed for such an…
AI is poised to drive a doubling in data center electricity demand by 2030, studies say
AI is poised to drive a doubling in data center electricity demand by 2030, studies say Energize Weekly, June 5, 2024 Data centers, spurred by increased artificial intelligence applications, could double their demand for electricity in the U.S. reaching 9.1 percent of the nation’s electricity load by 2030, according to…
FERC adopts sweeping transmission planning regulations with the aim of speeding projects
FERC adopts sweeping transmission planning regulations with the aim of speeding projects Energize Weekly, May 22, 2024 The Federal Energy Regulatory Commission (FERC) adopted a sweeping new regulation, on May 13, aimed at spurring the planning and construction of new transmission lines to meet the growing needs of the nation’s…
AEP Ohio: Data center electricity demands to put central Ohio on same tier as Manhattan
AEP Ohio: Data center electricity demands to put central Ohio on same tier as Manhattan May 14, 2024 AEP Ohio is asking state regulators to sign off on a new plan to deal with the surge in data centers in central Ohio that is expected to eat up so much…
PJM predicts adequate resources to meet hotter, wetter summer demand
PJM predicts adequate resources to meet hotter, wetter summer demand May 06, 2024 Valley Forge, Pa.-based PJM Interconnection said Thursday it anticipates having enough resources to meet electricity demand for what weather forecasters say will be a hotter and wetter summer. In a release, the operator of the nation’s largest…
AI could drive a natural gas boom as power companies face surging electricity demand
AI could drive a natural gas boom as power companies face surging electricity demand MAY 5 2024 Natural gas producers are planning for a significant spike in demand over the next decade, as artificial intelligence drives a surge in electricity consumption that renewables may struggle to meet alone. After a…
States rethink data centers as ‘electricity hogs’ strain the grid
States rethink data centers as ‘electricity hogs’ strain the grid APRIL 30, 2024 State Sen. Norm Needleman championed the 2021 legislation designed to lure major data centers to Connecticut. The Democratic lawmaker hoped to better compete with nearby states, bring in a growing industry, and provide paychecks for workers tasked…
Texas power prices signal grid stress in another long, hot summer
Texas power prices signal grid stress in another long, hot summer Apr 29, 2024 A surge in Texas power prices for August suggests another summer of heavy electricity demand — and potential grid strain — to meet air-conditioning needs. Traders start looking at prices months in advance to gauge the…
With time short, S.C. senators take up comprehensive energy bill
With time short, S.C. senators take up comprehensive energy bill Apr. 5, 2024 Utilities, conservation groups, and other stakeholders are all in agreement: South Carolina needs to expand its energy capacity to keep up with its growth. It’s a top priority for leaders in Columbia as well, but they face…
In the central U.S., an electric grid bottleneck persists
In the central U.S., an electric grid bottleneck persists MARCH 30, 2024 Forty-five million people live in the area managed by the Midcontinent Independent System Operator, the organization that runs a massive portion of the North American electric grid running from Manitoba, Canada, to the Gulf of Mexico. Inside that…
Evergy Plan Maintains Lowest-Cost Approach to Meeting Growing Customer Electricity Demand, Maintaining Reliability, and Advancing Sustainability
Evergy Plan Maintains Lowest-Cost Approach to Meeting Growing Customer Electricity Demand, Maintaining Reliability, and Advancing Sustainability April 1, 2024 Evergy, Inc. (NASDAQ: EVRG) today filed its triennial Integrated Resource Plan with the Missouri Public Service Commission. This outlines the plan to meet customer electricity needs over the next 20 years.…
The U.S. is facing an “unprecedented” shortage of electric transformers, NREL says
The U.S. is facing an “unprecedented” shortage of electric transformers, NREL says Energize Weekly, March 27, 2024 The U.S. is facing an “unprecedented” shortage of electric distribution transformers creating challenges for the nation’s utilities, according to a study by the National Renewable Energy Research Laboratory (NREL). The nation’s grid faces…
U.S. Power Grid Struggles to Keep Up with Data Center Growth
U.S. Power Grid Struggles to Keep Up with Data Center Growth March 18, 2024 The exponential growth of data centers with a tremendous appetite for electricity rapidly is outpacing the capacity of utilities to meet their needs, pushing data center developers to prioritize new markets where they can be sure…
After being rebuffed by regulators, utilities file slimmed-down spending plans
After being rebuffed by regulators, utilities file slimmed-down spending plans March 18, 2024 State regulators are once again considering massive electric utility spending plans that would affect the state’s climate goals – and 5.4 million electric customers’ monthly bills – after rejecting previous versions late last year. The Illinois Commerce…
National Grid says Biden-backed transmission line ‘not viable’
National Grid says Biden-backed transmission line ‘not viable’ March 5, 2024 NATIONAL GRID and Citizens Energy are pulling the plug on a proposed $2 billion two-way transmission line linking New England and Quebec that had received financial backing from the Biden administration. A source familiar with the situation said National…
Poor grid interconnection policies are causing project backups across the U.S., study says
Poor grid interconnection policies are causing project backups across the U.S., study says Energize Weekly, March 6, 2024 The grid interconnection process in the U.S. is so “dysfunctional” that more than two million megawatts of generation and storage are waiting to be hooked up, according to an analysis by Advanced…
Rebooted commission could breathe new life into bills challenging Virginia’s largest utility
Rebooted commission could breathe new life into bills challenging Virginia’s largest utility February 26, 2024 Virginia clean energy champions have their fingers crossed that members of a resurrected legislative commission won’t water down four utility-focused bills when they meet in the off-season to reshape the failed measures for next year’s…
Texas Lawmaker files bill that would allow the rest of the country to access Texas’ power grid
Texas Lawmaker files bill that would allow the rest of the country to access Texas’ power grid February 18, 2024 Congressman Greg Casar, D-Austin, says it is the first time it has ever happened in Congress: a bill was drafted and filed that would make Texas connect its power grid…
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals
Texas Electric Utility Courts Unnamed Crypto Miners With Five-Year Deals Feb 17, 2024 In a recent report, the community-driven, nonprofit electric provider in Texas, Denton Municipal Electric (DME), is attracting interest from several crypto mining companies seeking to establish operations. These companies are eyeing a five-year agreement for powering their…
Growing electricity demand from electric vehicles poses risks to the bulk power system, NERC says
Growing electricity demand from electric vehicles poses risks to the bulk power system, NERC says Energize Weekly, February 21, 2024 The growing demand for electricity to charge electric vehicles (EVs) – depending upon the timing of the charging – could threaten the bulk power system, according to a study by…
Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners
Facing a growing crypto-mining sector, the U.S. to require reports of power use by miners Energize Weekly, February 14, 2024 Faced with a burgeoning cryptocurrency market and its rising demand for electricity, the U.S. government is going to collect monthly data on the industry’s use of power. The federal Energy…
U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps
U.S. Oil Drillers Are Going Electric—and Hitting Speed Bumps January 29, 2024 In the country’s busiest oil field, frackers are devouring nearly as much electricity as four Seattles every day—and they are clamoring for more. Diamondback Energy, a major producer in the Permian Basin of West Texas and New Mexico,…
TVA reaches its highest weekend power demand during the cold temperatures
TVA reaches its highest weekend power demand during the cold temperatures Jan 21, 2024 Icy temperatures followed us into the weekend, and the Tennessee Valley Authority broke another peak power record along the way. The peak power demand on Sunday morning at 9 a.m. Easter Time was 34,284 megawatts, with…
New manufacturing facilities and data centers are driving increased electricity demand
New manufacturing facilities and data centers are driving increased electricity demand Energize Weekly, December 27, 2023 The U.S. electric grid is ill-prepared for a surge in demand coming from new manufacturing, data centers and in future years, electrification of transport and building heating. Meanwhile, the queue of generation projects waiting…
Building transmission takes forever. The Biden administration is pushing to change that
Building transmission takes forever. The Biden administration is pushing to change that DECEMBER 19, 2023 The SOO Green electric transmission project, a 350-mile high-voltage line between Mason City, Iowa, and Plano, Illinois, was proposed in 2018 to deliver renewable power and to better connect the nation’s two largest power markets.…
Offshore Wind’s Power Grid Costs in States Add to Industry Woes
Offshore Wind’s Power Grid Costs in States Add to Industry Woes Nov. 28, 2023 Atlantic Coast states and energy regulators are working to avoid the looming cost of plugging offshore wind into the nation’s power grid as the industry confronts rising inflation and project cancellations. The push to improve regional…
Georgia Power says economic growth reason for updated plan to generate more electricity
Georgia Power says economic growth reason for updated plan to generate more electricity Nov. 13, 2023 Georgia Power recently filed an updated Integrated Resource Plan with the Georgia Public Service Commission, citing the need to support recent economic growth. But an environmental group opposed a portion of the proposed update…
Xcel Energy proposes 175-mile transmission line routes to connect renewable energy for southwest Minnesota
Xcel Energy proposes 175-mile transmission line routes to connect renewable energy for southwest Minnesota November 03, 2023 Xcel Energy turned in two proposed routes for its approximately 175-mile long Minnesota Energy Connection transmission line to the Minnesota Public Utilities Commission and Minnesota Department of Commerce this week. Either route would…
20 States That Have The Cheapest Electricity In The US
20 States That Have The Cheapest Electricity In The US October 23, 2023 In this article, we’ll list states with the most affordable electricity prices and explain their power grid. If you want to skip why certain regions pay less for energy than others, read 5 States That Have The…
U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient
U.S. DOE awards $3.5 billion for 58 projects to make electric grids safer and more resilient Energize Weekly, October 25, 2023 The U.S. Department of Energy (DOE) has made $3.5 billion in grants to utilities in 44 states to improve grid reliability and to take measures to meet the risks…
Global electricity grid must be upgraded urgently to hit climate goals, says IEA
Global electricity grid must be upgraded urgently to hit climate goals, says IEA 17 Oct 2023 Ministers have been urged to “open their eyes” to the need to build a vast network of new electricity grids to allow countries to hit climate goals, the chief of the world’s energy watchdog…
U.S. Hit Second Highest Hourly Peak Demand This Summer, EIA Reports
U.S. Hit Second Highest Hourly Peak Demand This Summer, EIA Reports October 6, 2023 This summer, the United States hit the second highest peak electricity demand since the Energy Information Administration began collecting data in 2016, the agency said. Peak hourly electricity demand in the continental United States reached 741,815…
