The power generation sector is looking at numerous ways to provide enough electricity to satisfy demand from data centers. Bloomberg Intelligence recently said its research shows data centers, buildings filled…
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Japan’s Sumitomo Corp and Perennial Power Holdings Inc., a subsidiary of Sumitomo Corp. of Americas, have set up a joint venture with Virginia-based CEP Solar LLC to deliver renewable energy…
In yet another major set of deals spearheaded by a tech giant in support of nuclear power development, Amazon will back the deployment of 5 GW of new X-energy small…
Dennis Wamsted and Seth Feaster at the Institute for Energy Economics and Financial Analysis recently wrote a commentary looking at Energy Capital Partners' (ECP) deal to take over ownership of…
Micro-modular nuclear plant developer Last Energy has unveiled plans to deploy four 20-MWe pressurized water reactor (PWR) power plants at the site of a former coal-fired power plant in South…
In a deal that marks the first corporate agreement to deploy multiple small modular reactors (SMRs) in the U.S., Kairos Power and Google have signed a Master Plant Development Agreement…
The European Industrial Alliance on Small Modular Reactors (SMRs) has identified nine SMR projects it will support as its first batch of project working groups (PWGs). The effort marks a significant…
President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20…
The U.S. electric grid is under more strain than ever to support exponential electricity demand due to artificial intelligence (AI), data centers, electric vehicles, and hotter temperatures. Its infrastructure is…
UPDATED (Oct. 11): The National Oceanic and Atmospheric Administration (NOAA) has upgraded its G4-level "severe" geomagnetic storm watch to a G3-level "strong" geomagnetic storm warning after an anticipated coronal mass…