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By Gavin Maguire (Reuters) – The month of July kicks off the annual peak period for power emissions in the United States, as higher nationwide temperatures ratchet up use of energy-intensive air conditioners and spur power firms to crank up output from fossil fuels. The July-to-September quarter has marked the quarterly high point for fossil …
The Texas power-grid operator forecast on Wednesday that electricity use will break peak-demand records for June and July over the next week as homes and businesses crank up air conditioners to escape a heat wave. In response to that demand spike, spot power and natural gas prices jumped to their highest levels since earlier this …
Texas Power Demand to Break June, July Records in Heat Wave, Grid Operator Says Read More »
AI is fueling a boom in the development of US data centers CEO says NextEra would consider restarting a nuclear plant Technology companies are so desperate to build massive data centers in the US that they’re asking clean-energy giant NextEra Energy Inc. to find them locations with enough electricity to power entire cities. “We’ve had some come …
Tech Firms Ask NextEra for Enough Electricity to Power Entire Cities Read More »
WASHINGTON, June 4 (Reuters) – President Joe Biden’s administration is asking big technology companies to invest in new climate-friendly power generation to cover their surging demand, U.S. Energy Secretary Jennifer Granholm told Reuters. The talks come as a surprising surge in electricity demand has been driven by the adoption of technologies like generative artificial intelligence that require …
Power-Hungry Data Centers Spur U.S. Talks With Big Tech, Energy Chief Granholm Says Read More »
Data centers could use up to 9% of total electricity generated in the United States by the end of the decade, more than doubling their current consumption, as technology companies pour funds into expanding their computing hubs, the Electric Power Research Institute said on Wednesday. Depending on the adoption pace of technology such as generative …
Data Centers Could Use 9% of U.S. Electricity by 2030, Research Institute Says Read More »
(Reuters) – The operator of the Texas power system, one of the largest in the United States, is on track to smash generation records from both clean and fossil fuel sources in 2024 as total power needs continue to grow. The Electric Reliability Council of Texas (ERCOT) clean power generation total through May 27 was …
Texas Set to Smash Clean and Dirty Power Output Records in 2024 Read More »
Texas’ daily power consumption set a record for the month of May for the fifth time this month, the state grid operator said on Monday, as homes and businesses fired up air conditioners during a heat wave. The Electric Reliability Council of Texas (ERCOT), which operates most of the state’s power grid for 27 million …
Texas Daily Power Demand Sets Record for May Consumption Read More »
(Reuters) – The Electric Reliability Council of Texas (ERCOT) has warned reserve margins will be squeezed next week as temperatures rise and it may need to instruct generators to postpone non-urgent maintenance. ERCOT is the independent system operator for most of Texas, managing the flow of power to more than 27 million customers representing about …
(Reuters) – The U.S. Southwest and Texas are at an increased risk of power supply shortfalls during times of peak demand this summer due to rising electricity consumption and supply constraints, the North American Electric Reliability Corporation said on Wednesday. Parts of the Midwest and New England are also under elevated threat of inadequate power …
U.S. Southwest and Texas at Risk of Power Shortfalls This Summer, Regulator says Read More »
(Reuters) – Duke Energy beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from higher rates and robust demand for electricity. Income from Duke’s electric utilities segment jumped 29% to $1.02 billion. “We have a clear path forward that will deliver sustainable value and 5% to 7% earnings growth over the next …
Duke Energy Beats First-Quarter Profit Estimates on Higher Rates Read More »
