Tag:

power

Power projects: Key Capture Energy, Schneider Electric, Constellation, Apex Clean Energy

Key Capture Energy, Schneider Electric, Constellation, Apex Clean Energy, among others, announced their latest power projects. Key Capture Energy Completes 200 MW Battery Storage Projects...

PG&E to receive $15 bn funding for climate resilience projects and power grid upgrades

The U.S. Department of Energy (DOE) has conditionally offered a $15 billion loan to California-based electric utility PG&E to support climate resilience projects and...

Israel to start pilot station for generating electricity from sea waves

Israel’s first pilot station for generating electricity from sea waves will be on December 5, 2024, at Warehouse 2 in Jaffa Port. Eco Wave Power...

Electricity trends in August 2024: OECD and India see notable shifts in energy mix

In August 2024, total net electricity production across the OECD countries reached 981.9 TWh, marking a 1.1 percent year-on-year increase and a 2.7 percent...

American Electric Power’s (AEP) strategic shifts show Capex boost

American Electric Power (AEP) announced a five-year, $54 billion capital expenditure plan, marking a 25 percent increase from previous projections. The plan focuses heavily...

US power grid faces unprecedented demand surge, challenges utility companies

For the first time in decades, the US power industry is set to experience significant electricity demand growth, driven by the rise of data...

India’s power demand to grow by 8% in 2024: Fitch Ratings

Fitch Ratings has projected an 8 percent rise in India’s power demand for 2024, slightly up from 7.6 percent growth in 2023. This comes on...

Power consumption to grow by 4% in 2024: IEA

Global electricity demand is set to grow at its fastest pace in nearly 20 years, driven by a surge in air conditioning use due...