The Uniper Global Commodities SE (Uniper) dispute highlights geopolitical and legal risks in volatile markets. Uniper, once Germany’s top Russian gas importer, was nationalized after it faced financial chaos when […] The post Navigating International Arbitration in Power Generation: Key Insights for Dispute Resolution and Asset Protection appeared first on POWER Magazine.
UK Groups Supporting 2.2 GW of Battery Energy Storage in Spain
Two European companies announced an agreement to jointly develop as much as 2.2 GW of battery energy storage system (BESS) projects across Spain. The post UK Groups Supporting 2.2 GW of Battery Energy Storage in Spain appeared first on POWER Magazine.
Software and DLRs Key to Unlocking Power Grid’s Potential
Imagine unlocking 30% more power from our existing grid overnight. That’s the potential we’re ignoring, and it’s costing us billions. The demand for energy is rising, and utilities are struggling […] The post Software and DLRs Key to Unlocking Power Grid’s Potential appeared first on POWER Magazine.
Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant
Dominion Energy has asked Virginia officials to approve its request to build a new 1-GW natural gas-fired power plant, as the company seeks to add more generation capacity to help serve surging demand from data centers. The post Dominion Seeks Virginia Approval for 1-GW Gas-Fired Power Plant appeared first on POWER Magazine.
Landsnet and Laki Power Tackle Severe Weather Challenges in Iceland
Landsnet owns and operates Iceland’s power transmission system and is responsible for building and maintaining a secure and reliable electrical grid. Monitoring the grid in Iceland is uniquely challenging because […] The post Landsnet and Laki Power Tackle Severe Weather Challenges in Iceland appeared first on POWER Magazine.
Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms
In a hearing that underscored the mounting challenges facing the American power sector, industry leaders warned Congress that the nation’s power infrastructure is approaching a precarious juncture as unprecedented demand […] The post Lawmakers Scrutinize Power Sector’s Future as Surging Demand Raises Alarms appeared first on POWER Magazine.
AI Infrastructure Group Will Build 300-MW Data Center in New Jersey
A Netherlands-headquartered company focused on building infrastructure for the artificial intelligence (AI) sector said it plans to build a new data center in New Jersey. Nebius Group, based in Amsterdam, said the facility would be part of a phased development that would be expandable up to a total capacity of 300 MW. The post AI Infrastructure Group Will Build 300-MW Data Center in New Jersey […]
Leveraging VPPs to Prepare Utilities for Extreme Weather
From the Midwest to the South, the U.S. has experienced dangerous cold snaps this winter that challenge grid operators to meet rising heating demands. These temperature extremes are driven in […] The post Leveraging VPPs to Prepare Utilities for Extreme Weather appeared first on POWER Magazine.
Emerging Risks in Energy Trading, and Best Practices for Navigating Them
The energy market is the newest frontier for Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance risk. This sector is highly complex; it is dynamic, volatile, and under mounting regulatory pressures. The post Emerging Risks in Energy Trading, and Best Practices for Navigating Them appeared first on POWER Magazine.
LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade
PPL subsidiaries Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) have proposed to upgrade environmental controls at a 1974-built coal unit, build two new gas-fired power plants […] The post LG&E, KU Propose $3.7B Power Buildout: 1.3 GW of New Gas Plants, $153M Coal Unit Upgrade appeared first on POWER Magazine.