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(Reuters) – Chevron is advancing plans to tap into data center power demand, with the oil major recently entering the permitting and engineering phases for multiple U.S. sites to develop the centers and the electricity to supply them, a company executive told Reuters this week. Energy use for U.S. data centers, which are essentially giant …
Chevron Advances Plans to Develop US Data Centers With Power Generation Read More »
(Reuters) – U.S. Federal Energy Regulatory Commission Chairman Mark Christie said on Thursday that natural gas-fired power will be crucial to meet rising U.S. electricity demand – a situation that requires a big increase in gas pipeline capacity, as well as new power plants. “We’re going to build combined-cycle gas to meet this load from …
Natgas Key to Meeting Rising US Power Demand, FERC Chairman Says Read More »
(Reuters) – Dealmakers expect 2025 to be a bumper year for mergers and acquisitions in the U.S. power industry, with a voracious appetite for assets as the sector gears up to meet massive demand growth from data centers for artificial intelligence. Record power demand and dizzying projections for electricity consumption for AI have made power …
AI to Fuel Bumper Year for M&A in US Power Sector Read More »
(Reuters) – The premier of the Canadian province of Ontario said he was suspending plans to impose a 25% surcharge on electricity exports to the United States and would fly to Washington this week for talks with the Trump administration. Doug Ford made his surprise announcement on Tuesday just hours after telling U.S. networks that …
Ontario Premier Doug Ford Freezes Plan to Slap Surcharge of Electricity Exports to US Read More »
By Timothy Gardner SMRs face cost, security, and regulatory challenges U.S. regulatory framework for SMRs is underdeveloped HALEU fuel safety and demand growth concerns persist HOUSTON, March 11 (Reuters) – Everyone from the U.S. energy secretary to Big Tech touts small modular nuclear reactors as a potential answer to booming power demand, but the technology …
CERAWEEK ANALYSIS Small Nuclear Power Struggles at Cusp of US Electricity Demand Boom Read More »
(Reuters) – U.S. Energy Secretary Chris Wright said on Monday that soaring U.S. power demand growth “is a train wreck waiting to happen,” and requires big investments and regulatory changes to meet. He added, in comments to the CERAWeek conference in Houston, that the administration of President Donald Trump intends to reverse what he called …
Soaring US Power Demand a Big Challenge, US Energy Secretary Says Read More »
Summary Russia launches 67 missiles, almost 200 drones at Ukraine Air assault comes as US cuts aid, intelligence sharing Zelenskiy to visit Saudi Arabia before US-Ukraine talks (Reuters) – Russian forces damaged Ukrainian energy and gas infrastructure overnight in their first major missile attack since the U.S. paused intelligence sharing with Ukraine, piling pressure on …
A Consolidated Edison power plant in New York.Source: Education Images/Getty Images By Arvelisse Bonilla Ramos, Josh Saul, and Augusta Saraiva No one expects New York City living to come cheap. But even as rents soar across the five boroughs and egg prices can top $10 per dozen, residents now face the prospect of another cost …
New Yorkers Stressed by Prices Now Face Higher Electricity Bills Read More »
By Laila Kearney US is a net importer of electricity from Canada Northeast US could be hardest hit by energy tariffs on Canada US grid operators are unclear if tariffs apply to power NEW YORK, March 5 (Reuters) – Swelling U.S. power prices may rise even faster in some parts of the country if 10% …
Trump’s Tariffs on Canada Could Make US Power Bills Even Pricier Read More »
By Gavin Maguire LITTLETON, Colorado, March 5 (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States’ largest trade partners, which kicked in on Tuesday. New 25% tariffs on imports from Mexico and Canada, along with a doubling …
Key US Energy Data Trends to Track as Tariffs Kick In Read More »
