Transforming Energy Finance Through AI-Driven Processes

Transforming Energy Finance Through AI-Driven Processes

The power and utility sector underpins every part of modern life, from residential comfort to industrial productivity. Yet as the global energy landscape evolves, so must the internal operations that keep these organizations running. With total U.S. power use expected to reach around 4,189 billion kWh in 2025, and 4,278 billion kWh in 2026, energy […] The post Transforming Energy Finance Through AI-Driven Processes appeared […]

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How Smarter Cooling Choices Can Cut AI’s Energy Use

How Smarter Cooling Choices Can Cut AI’s Energy Use

Artificial intelligence (AI) is evolving, and so is the demand for the infrastructure behind it. However, for those looking to build a sustainably conscious system, this growth raises a crucial question: What does an energy-efficient data center system look like? While rightfully, much of the attention has focused on controlling energy usage of bigger systems […] The post How Smarter Cooling Choices Can Cut AI’s […]

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Nextracker Supporting Major New Solar Power Projects in Brazil

Nextracker Supporting Major New Solar Power Projects in Brazil

One of Brazil’s largest renewable energy developers, mostly known for its wind power projects, is adding significant solar power generation capacity to its portfolio. Casa dos Ventos, which has developed one of every four wind power facilities in Brazil and has about 35 GW of renewable energy deployed in the country, will utilize equipment from […] The post Nextracker Supporting Major New Solar Power Projects […]

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New Gas-Fired Power Stations Planned for North and South Dakota

New Gas-Fired Power Stations Planned for North and South Dakota

Regulators in North Dakota have given their approval for a 1,490-MW natural gas-fired power plant, a combined-cycle station that Basin Electric Power Cooperative officials said would provide the area with its first new baseload electric output in more than four decades. South Dakota utility commissioners, meanwhile, are set to consider an application for a smaller, […] The post New Gas-Fired Power Stations Planned for North […]

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POWER Lab

POWER Lab

The post POWER Lab appeared first on POWER Magazine.

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BP Cutting More Than 6,000 Jobs, and Thousands of Contractors, as Part of Cost Reductions

BP Cutting More Than 6,000 Jobs, and Thousands of Contractors, as Part of Cost Reductions

Global energy giant BP said it would cut thousands more jobs by the end of this year, as the company continues to reduce its renewable energy plans to focus more on its longtime core business of oil and gas production. UK-based BP, which has its U.S. headquarters in Houston, Texas, has said it plans to […] The post BP Cutting More Than 6,000 Jobs, and […]

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Building ChatGPT for the Power Industry: EPRI Leads the Way

Building ChatGPT for the Power Industry: EPRI Leads the Way

More than 100 of the world’s largest energy companies are betting that artificial intelligence (AI) will revolutionize how electricity gets made, moved, and managed. But they’re not waiting for Silicon Valley to build it for them—they’ve taken matters into their own hands through an EPRI-led consortium. That initiative is the Open Power AI Consortium, which […] The post Building ChatGPT for the Power Industry: EPRI […]

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LRE Starts Construction of 152 MW of Solar Power in Oklahoma

LRE Starts Construction of 152 MW of Solar Power in Oklahoma

A Texas-headquartered renewable energy group said it has started construction of two solar power projects in southern Oklahoma, expanding the company’s solar portfolio in the state. Leeward Renewable Energy (LRE) recently announced it has broken ground for the Twelvemile Solar 1 & 2 projects, a combined 152-MW solar facility. The company in late July said […] The post LRE Starts Construction of 152 MW of […]

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Lightstar Announces Agrivoltaics Project at New York Farm

Lightstar Announces Agrivoltaics Project at New York Farm

An agricultural farm in New York will add solar power at the site in a project designed to benefit both farmers and the solar energy community. Lightstar Renewables LLC on August 4 announced the launch of the Plains Road Agrivoltaics project, which integrates solar energy with agriculture on the DiMartino Farm in Montgomery, New York. […] The post Lightstar Announces Agrivoltaics Project at New York […]

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Arevon Starts Construction of $600-Million California Energy Storage Project

Arevon Starts Construction of $600-Million California Energy Storage Project

Arizona-headquartered Arevon Energy said it has started construction of the Nighthawk Energy Storage Project in Poway, California. The company on July 31 provided more details of the 300-MW/1,200-MWh installation that represents a $600-million investment. Arevon will own and operate Nighthawk. The company in 2021 signed a long-term contract under which the energy storage facility will […] The post Arevon Starts Construction of $600-Million California Energy […]

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