By positioning satellites significantly closer to Earth, LEO networks deliver high-bandwidth, low-latency connectivity that makes connection speed at an offshore platform or remote location, just as fast and secure as you will find at corporate headquarters. The post Revolutionizing Energy Connectivity: The Strategic Role of LEO Satellite Networks appeared first on POWER Magazine.
Baker Hughes, Hydrostor Will Collaborate on CAES Projects
U.S.-based technology company Baker Hughes said it has a strategic technology solutions and equity agreement with energy storage group Hydrostor. The deal between the companies, announced January 28, integrates Baker Hughes’ technology as part of Hydrostor’s core design offering for the latter’s advanced compressed air energy storage, or A-CAES, solution. The post Baker Hughes, Hydrostor Will Collaborate on CAES Projects appeared first on POWER Magazine.
Luminace, Renewable Properties Partner on Community Solar Portfolio
Luminace has announced the acquisition of a 9.3-MWdc portfolio of community solar projects from Renewable Properties (RP), a leading U.S. developer and investor in small-scale utility, community solar, energy storage, and electric vehicle (EV) infrastructure projects. The post Luminace, Renewable Properties Partner on Community Solar Portfolio appeared first on POWER Magazine.
How Utilities Can Prepare for the AI-Driven Energy Surge
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 surge in new data centers needed to power the artificial intelligence (AI) boom. The post How Utilities Can Prepare for the AI-Driven Energy Surge appeared first on POWER Magazine.
Microsoft Commits to Full Electricity Cost Recovery in Data Center Communities
Microsoft has committed to “paying its way” to ensure its data centers will not ramp up residential utility rates, becoming the first major hyperscaler to publicly commit to a comprehensive framework that ties artificial intelligence (AI) data center growth to cost-recovery rate design. The hyperscaler also pledged to advance utility coordination, directly fund grid infrastructure, […] The post Microsoft Commits to Full Electricity Cost Recovery […]
Former Smelter Site Now Home to 1.2-GW Pumped Storage Hydro Project
Developers of a new pumped storage hydropower installation in Washington state said the Federal Energy Regulatory Commission (FERC) has issued a 50-year operating license for the project. Rye Development, a U.S.-based developer of pumped storage hydropower, and Copenhagen Infrastructure Partners (CIP), on behalf of its Flagship Fund CI V, on January 22 said FERC gave […] The post Former Smelter Site Now Home to 1.2-GW […]
ERMCO Expands Transformer Manufacturing West with New Arizona Facility
The distribution transformer manufacturer’s first plant west of the Mississippi River will add three-phase production capacity to address ongoing supply constraints. Distribution transformer manufacturer ERMCO announced Jan. 21 it will open a new manufacturing facility in Maricopa County, Arizona—the company’s first expansion west of the Mississippi River. The 566,121-square-foot plant in Waddell, approximately 30 miles […] The post ERMCO Expands Transformer Manufacturing West with New […]
Solving Problems, Not Chasing Technology
In recent years, the artificial intelligence (AI) landscape has shifted from quiet curiosity to relentless noise. Conference taglines, vendor solicitations, and slide decks all seem to begin with the same question: What can AI do for you? And too often the answer comes in the form of a catalog of hundreds of “use cases,” neatly […] The post Solving Problems, Not Chasing Technology appeared first […]
Switched Source Expands Grid-Enhancing Technology Deployments by 60%
Chicago-based Switched Source reported a 60% increase in deployments of its Phase-EQ grid-enhancing technology (Figure 1) over the past year, with units now operating across more than 10 utility service areas from Alaska to Florida. The company’s Phase-EQ device dynamically balances power between phases on distribution circuits, addressing load imbalances that limit how much capacity […] The post Switched Source Expands Grid-Enhancing Technology Deployments by […]
NKT Secures €2 Billion in Contracts for Scottish HVDC Transmission Links
NKT has finalized contracts with SSEN Transmission for two high-voltage direct-current (HVDC) transmission links in Scotland, the company announced January 19. The projects, valued at approximately €2 billion combined, represent the largest contract award in SSEN Transmission’s history. The Danish cable manufacturer will deliver turnkey 525-kV HVDC power cable systems for the Western Isles and […] The post NKT Secures €2 Billion in Contracts for […]