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Type One Energy announced this week that it had successfully completed the first formal design review of Infinity Two, which is based on the world’s only implementable, peer-reviewed physics basis for a fusion power plant recently published by the prestigious Journal of Plasma Physics. The Infinity Two design is progressing in support of a potential fusion power plant project with the Tennessee ...
Three universities are joining forces to tackle a critical engineering skills gap in the U.S. Their collaboration will address the efficiency, reliability, and resilience of electrical grid operations and safeguard stable electrical service for consumers.The collaborative effort among POWER Engineers, Inc. (POWER), POWER Foundation, Cleveland State University, Faculty of Technical Sciences, ...
The EPB Board has approved a new initiative to keep Chattanooga on the leading edge by adding a quantum computer to EPB’s existing quantum technology infrastructure. Through a partnership with IonQ, a global leader in quantum technology, the two companies will jointly develop the first U.S. quantum technology center to provide commercial access to both quantum computing and quantum networking ...
EPRI this week launched a new global consortium—the Open Power AI Consortium—to drive the development and deployment of an open AI model tailored for the power sector, accelerating AI adoption to reduce operating costs while improving the energy customer experience. The consortium was launched at NVIDIA’s GTC event.Guidance will be provided through an Executive Advisory Group as well as the ...
From where I sit just west of Washington D.C., Africa appears to be at an energy crossroads: one choice is to continue on its path of growing its prosperity using renewable energy to accelerate toward the prediction that it will become the world’s dominant continent by 2100. The second choice is to slide back to colonialism by further draining its depleted coffers to buy yet more fossil ...
Minnesota Power, a utility division of ALLETE Inc., is this week filing its 2025 Integrated Resource Plan (IRP) with the Minnesota Public Utilities Commission (MPUC), outlining next steps to provide safe and reliable energy while adding new resources, meeting increasing demand for energy and reducing carbon emissions.Minnesota Power serves customers and communities in northern Minnesota, ...
EY predicts that by 2030, there will be more than 50 million electric vehicles on Europe’s roads, representing 15% of the total vehicle stock. As electrification accelerates, ensuring the cost-effectiveness, stability, and efficiency of the power grid will require managing how and when EVs are charged and using the electricity stored in the battery to provide valuable flexibility services ...
Smart Wires this week announced it has raised $65 million to propel its growth and meet rising energy needs exacerbated by the appetite for electricity from data centers and the rise of artificial intelligence. The funding includes new investments from BP Energy Partners alongside significant contributions from Keystone Group.Smart Wires’ grid-enhancing technologies (GETs), such as the ...
With the energy transition underway, many businesses and countries throughout the world have committed to reaching net-zero emissions by 2050. To reach this decarbonization goal, we will need to address one of the largest sources of greenhouse gas (GHG) emissions: the production of electricity and heat, which accounts for approximately 73% of our global emissions. Just as a beautiful symphony ...
This year, the average monthly residential electric bill reached $182 nationally, the highest amount ever recorded by J.D. Power—and customers aren’t happy. According to the J.D. Power 2024 U.S. Electric Utility Residential Customer Satisfaction Study, released this week, overall satisfaction has declined for a fourth consecutive year to 707 (on a 1,000-point scale), with the biggest decline ...
A combination of improved business outlooks, stabilizing rates and improved communications have helped business customer satisfaction with electric utilities significantly increase this year. According to the J.D. Power 2024 Electric Utility Business Customer Satisfaction Study, released this week, overall business customer satisfaction with electric utilities has increased 30 points (on a ...
Pacific Gas and Electric Company (PG&E) is deploying Atomic Canyon's artificial intelligence-powered solutions for the nuclear energy sector at PG&E's Diablo Canyon Power Plant. This marks the inaugural commercial installation of the first on-site generative AI deployment at a U.S. nuclear power plant.Atomic Canyon's Neutron Enterprise generative AI solution, built and running on NVIDIA's ...
The American Clean Power Association (ACP) this week released its Clean Power Quarterly Market Report | Q2 2024, showcasing extraordinary growth and milestones across the U.S. clean power landscape. In a record-breaking second quarter, U.S. developers added 11 gigawatts (GW) of new utility-scale clean power capacity, marking a 91% increase from Q2 2023. The strong quarter brought year-to-date ...
Rooftop wind energy innovator Aeromine Technologies announced in May of this year that it closed an approximately $9 million funding round to accelerate the roll out of its breakthrough, motionless, on-site wind energy solution. Veriten, the energy research, investing, and strategy firm, is the lead investor in the Series A funding round. Additional investors in the round include global ...
Faced with the challenge of electric grid modernization, many have called for supporting utility managers and operators with artificial intelligence (AI) and machine learning (ML) tools that can remove some of their decision-making burden. Understandably, utilities are cautious in adopting new technologies when the consequences of failure are costly and could affect customers. Additionally, the ...
Researchers at Oak Ridge National Laboratory have developed free data sets to estimate how much energy any building in the contiguous U.S. will use in 2100. These data sets provide planners a way to anticipate future energy needs as the climate changes.Considering only today's buildings, the team analyzed energy use and weather records dating back to 1980, identifying which months displayed the ...
By Natasha HeadlandElectric vehicles that use high-power charging are quickly becoming the new standard—understanding the grid impacts of high-power charging will ensure intergrid reliability and keep charging costs low.High-power charging is quickly becoming the new standard for electric vehicles. At 200 kilowatts and above, high-power charging is expected to help drivers spend less time ...
Southwest Power Pool (SPP) reached a significant milestone June 4, when it filed with the Federal Energy Regulatory Commission amendments to its tariff that include provisions specific to its western members. Pending FERC’s approval, SPP will become the first organization in the U.S. to provide full regional transmission organization (RTO) services in both the Eastern and Western Interconnections ...
As artificial intelligence (AI) becomes more entrenched in our 24/7 digital economy, the demand for power could surge from the data centers processing AI. According to a new study released this week (May 29) by EPRI, data centers could consume up to 9% of U.S. electricity generation by 2030 more than double the amount currently used. This could create regional supply challenges, among other ...
The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749GW by 2030*, an increase of 2.5 times relative to 2023. Alliance members’ joint renewables ambition was announced alongside a grid infrastructure action plan.The plan, revealed at the 14th Assembly of the International Renewable ...