Power prices in the nation’s largest grid market jumped almost 76 percent in the first quarter year-over-year, showcasing how energy demand driven by data centers is remaking the economy across the mid-Atlantic and Midwest. Monitoring Analytics, the indep... See more
Fervo Energy said Monday it is eyeing up to a $6.5 billion valuation in a U.S. initial public offering for shares in the geothermal company, as investors signal more confidence the technology can be scaled up to help meet rising electricity demand. The Se... See more
North America’s grid watchdog is slated to issue its highest level of warning Monday about threats to the power system from large data centers, underscoring the challenges facing utilities and grid operators grappling with a surge in electricity demand. T... See more
Commonwealth Fusion Systems said Tuesday that it is the first developer of nuclear fusion to request a connection to a regional grid, a move aiming to boost prospects for a landmark power plant. The application to PJM Interconnection, the nation’s largest... See more
The U.S. electrical equipment market for data centers could more than triple by decade’s end, a sign of the headwinds facing the artificial intelligence build-out, according to a new analysis. Research firm Wood Mackenzie reported Tuesday that the market ... See more
