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 […]
Evolving Technologies, Outdated Regulations Impact Mid-Atlantic Generation Permitting
Energy-generation permitting in the Mid-Atlantic continues to evolve in 2026 not through wholesale deregulation or uniform acceleration, but through procedural and permitting reform and the potential allocation of generation development authority to public utilities. States are enacting these changes to meet the reality of reliability concerns, transmission constraints, large load-growth, and to address frequent obstruction of energy projects by local government. The post Evolving Technologies, […]
PJM Dials Back Near-Term Load Outlook but Maintains Steep Long-Term Growth Trajectory
PJM Interconnection has trimmed its near-term peak-demand projections in its updated 20-year load forecast, citing tighter vetting of large-load adjustment requests and revised electric-vehicle (EV) and economic assumptions. The grid operator, however, reaffirmed expectations for significant long-term growth driven by data centers and broader electrification. In its 2026 Long-Term Load Forecast, issued on Jan. 14, PJM […] The post PJM Dials Back Near-Term Load Outlook but […]
Apex Clean Energy Closes $2.79 Billion in Financing for Three Renewable Energy Projects
Apex Clean Energy said the company has successfully financed three utility-scale renewable energy assets across Texas, Ohio, and Illinois. The Virginia-based company on January 12 announced the deals, saying it marked “a significant year-end milestone and reinforcing the company’s ability to execute at scale.” The financings comprise Coles Wind, a MISO wind project and Apex’s […] The post Apex Clean Energy Closes $2.79 Billion in […]
Data Center Developer, Major Investment Group Plan Gigawatts of New Capacity
A data center development company led by former executives with Amazon Web Services (AWS) has joined with a leading investment group to launch a platform for hyperscale data centers in North America. The post Data Center Developer, Major Investment Group Plan Gigawatts of New Capacity appeared first on POWER Magazine.
Bank Consortium Closes $160M Financing for Spanish Wind, Solar Portfolio
NORD/LB, Rabobank, and Siemens Bank have announced a combined €135 million ($160 million) financing package for a 199-MW portfolio of three wind and two solar farms in Aragón, Spain. The projects have been acquired by ENCAVIS, a leading pan-European independent power producer. The post Bank Consortium Closes $160M Financing for Spanish Wind, Solar Portfolio appeared first on POWER Magazine.
Nuclear Waste Disposal Group Completes DOE-Funded Research Project
Deep Isolation Nuclear, an innovator in nuclear waste disposal technology, on January 13 said the company has successfully completed its Project SAVANT (Sequential Advancement of Technology for Deep Borehole Disposal), a two-year research initiative funded by the U.S. Department of Energy Advanced Research Projects Agency–Energy (ARPA-E). The post Nuclear Waste Disposal Group Completes DOE-Funded Research Project appeared first on POWER Magazine.
Kiewit Chosen as EPC for New 1,425-MW Gas-Fired Power Plant in Georgia
A major southeastern U.S. electric cooperative said it has chosen Kiewit Corp. to serve as the lead contractor for a new natural gas-fired combined-cycle power plant it has planned in Monroe County, Georgia. The post Kiewit Chosen as EPC for New 1,425-MW Gas-Fired Power Plant in Georgia appeared first on POWER Magazine.
Why America’s Nuclear Future Depends on its Fuel Supply Chain
For much of the 20th century, the U.S. set the global standard for civilian nuclear energy. American innovation shaped reactor design, safety culture, and regulatory practice worldwide. Yet today, as nuclear power regains prominence amid concerns over climate, energy security, and industrial competitiveness, America faces a quieter but more consequential challenge: the erosion of its nuclear fuel supply chain. The post Why America’s Nuclear Future […]
Iberdrola Group Energizes Massive Transmission Line Project in Brazil
A subsidiary of Spanish energy giant Iberdrola said it has energized a major transmission line project in Brazil. Neoenergia on January 10 said the company has completed the final section of the Alto Paranaíba Project. The group said the installation is Iberdrola’s largest transmission project in Brazil, and one of that country’s biggest electricity delivery initiatives. The 1,600-kilometer (994 miles) transmission line features 3,250 towers, […]