After more than two decades of relative stasis, electricity demand in the U.S. is expected to increase by 25% by 2030 and by more than 75% by 2050, compared to 2023—a transformation largely driven by ...
The largest U.S. electric utilities are ramping up spending on new power infrastructure to meet surging demand from data centers, with companies like American Electric Power and Exelon unveiling ...
The years after the Great Recession were a kind of Goldilocks era in Oregon’s power market. The state’s population and economy were growing robustly, yet power demand was flat. Major advances in power ...
Renewable generation will surpass coal for the first time despite a slowdown in new capacity additions. Battery storage and nuclear power are re-emerging as critical pillars of grid reliability.
International Energy Agency says global electricity demand is growing at its fastest pace in 15 years, set to rise more than 3.5% annually through 2030. While renewables, nuclear, and natural gas are ...
The German manufacturer announced plans to expand factories in several U.S. states and build a new plant in Mississippi. By Rebecca F. Elliott Siemens Energy, the German company, plans to invest $1 ...
Utilities are still outperforming in 2026, driven by data center demand and rising capital spending. The sector’s multiyear rally has pushed valuations higher, leaving fewer broadly cheap names.
Feb 12 (Reuters) - Utility PG&E tightened ⁠its ⁠full-year profit forecast on ⁠Thursday, raising the lower end of its range as it sees strong power demand driven by data ‌centers and broader load ...
As Oregon’s energy demands increase, lawmakers are looking for ways to help cut the strain, at least during high peak times. A smart thermostat and electric vehicle. "Virtual power plants" can help ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Artificial intelligence is often viewed as a catalyst for ...