Energy

New federal dataset and $67M in BTO funding reshape how operators plan for building energy demand

DOE's BTO deployed $67M+ in 2024 R&D funding while Lawrence Berkeley and NREL released a county-level demand dataset through 2050.

NextEra and Dominion's $67 billion merger filing starts a 180-day regulatory clock that will reshape power procurement across four states

NextEra and Dominion have filed merger applications in Virginia, North Carolina, and South Carolina for a $67B deal that would create the world's largest regula

The $67B NextEra-Dominion merger just triggered its regulatory clock, and every large power buyer should be watching

NextEra and Dominion filed merger applications this week, starting a 180-day review that could create the world's largest regulated utility serving 10M customer

A $67B utility merger faces its first major regulatory test as Sen. King asks FERC to block NextEra-Dominion

NextEra and Dominion have filed for regulatory approval of a merger that would create the world's largest regulated utility, but congressional opposition is alr

Carbon-free generation spending tops fossil fuels at US utilities for the first time

RMI's Utility Transition Hub finds 2024 carbon-free generation investment hit $14.5B, edging past $13.9B in fossil spending.

Energy demand is outrunning the clean energy build: what operators need to know in 2026

Global energy demand grew faster than clean energy additions in 2025, keeping fossil fuels at 86% of supply even as renewables spending hits $2.2T in 2026.

Energy transition market set to nearly double to $6 trillion by 2032, with Asia-Pacific driving growth

The global energy transition market is projected to reach nearly $6 trillion by 2032, growing at 11.1% annually, as utilities, industrials, and governments scal

EIA slashes oil price forecast 14% after U.S.-Iran deal reopens Strait of Hormuz

The EIA cut its 2026 Brent crude forecast to $82/b from $95, as a June 18 U.S.-Iran MOU reopens the Strait of Hormuz and eases a five-month supply crisis.

Clean energy investment hits $2.2 trillion in 2026, nearly doubling fossil fuel spending

Global energy investment reaches $3.4T in 2026, with clean energy outpacing fossil fuels nearly two to one, per the IEA's latest report.

Solar hits 8.7% of global power, but fossil fuels still grew faster in 2025

The Energy Institute's 2026 Statistical Review confirms renewables are scaling fast — but total energy demand grew faster, pushing fossil fuel consumption highe

Cornerstone Energy Services' 4th Annual Energy Transition Forum tackles reliability, decarbonization, and New England's grid future

Utility leaders, engineers, and regulators met at Cornerstone Energy Services' 4th Annual Energy Transition Forum to address gas planning, winter reliability, a

Cornerstone Energy Services' 4th Annual Energy Transition Forum tackles reliability, decarbonization, and New England's grid future

Utility leaders, engineers, and regulators convened in New England to debate gas network planning, winter reliability, and whether geothermal and hydrogen are r

Microsoft-commissioned report finds three soft barriers slowing AI adoption across Australia's electricity grid

A Mandala report commissioned by Microsoft identifies strategic, investment, and data fragmentation barriers holding back AI deployment in Australia's rapidly c

NextEra-Dominion's $420B merger signals a new M&A cycle built on AI load growth

Power and utilities M&A hit $216B in the six months to May 2026, up 173% year-over-year, as AI data-center demand reshapes who owns generation.

Utilities set to invest $1.1 trillion in grid infrastructure as electrification accelerates

U.S. utilities are committing $208B in 2026 grid investment, part of a $1.1T five-year buildout that will reshape procurement and operations planning.

Siemens Energy to rebrand as Omterra, uniting wind and grid businesses under one name

Siemens Energy is consolidating Siemens Gamesa and its grid operations under the new Omterra brand as it moves toward full independence.

Solar hit 8.7% of global power in 2025, but fossil fuels still grew alongside it

The Energy Institute's 75th Statistical Review shows renewables breaking records while global fossil fuel demand also rose, complicating energy procurement stra

CBAK Energy advances full-tab LFP cells for AI data center backup power as gas plants fill the grid gap

CBAK Energy's 26650 V2.0 LFP cells enter customer validation for AI data center BBU/UPS applications after a 15-month R&D program.

AI data centers are straining the grid faster than utilities can build. Fast storage is filling the gap.

AI data centers demand power in months; grid upgrades take years. Flexible fast storage and FERC action are reshaping how utilities keep the lights on.

S&P Global Energy expands price reporting role in London chemicals market

S&P Global Energy is hiring an Associate Price Reporter for chemicals in London, signaling continued investment in commodity price discovery for enterprise buye

Philippines raises renewable energy target to 50% by 2030, signaling major grid shift for industrial operators

The Philippine DOE has lifted its renewable energy target to 50% of the power mix by 2030, with direct implications for energy procurement and grid planning.

Cornerstone Energy's 4th Annual Forum puts New England grid reliability front and center

Utility leaders, engineers, and regulators gathered at the Energy Transition Forum to tackle winter reliability, decarbonization mandates, and grid planning.

$1.1 trillion in grid investment and AI data centers still face decade-long connection waits

Utilities plan $208B in grid spending in 2025 alone, yet data centers in Northern Virginia can wait 14 years for a grid connection.

Barbados energy transition stalls between dominant incumbents and alternative pathways, study finds

A 2026 academic study maps how Barbados's fossil-fuel-dependent energy system resists transition and which technologies could shift the balance for island opera

Retail energy markets face a wave of regulatory and structural shifts across Pennsylvania, Massachusetts, Texas, and D.C.

PPL Electric credit rules, Massachusetts municipal opt-out powers, Texas demand response changes, and a D.C. rate cap fight are reshaping supplier operations.

US Strategic Petroleum Reserve hits lowest oil level since 1983 as supply risks stack up

SPR stocks have fallen to their lowest point in over four decades, just as Hormuz tanker strikes, OPEC+ output questions, and Iran supply disruptions tighten th

Energy transition market reaches $3.17 trillion in 2026 as grid connection backlogs stall 1,650 GW of capacity

The global energy transition market hits $3.17T in 2026, but 1,650 GW of renewable capacity sits in grid connection queues worldwide.

Energy transition market approaches $3.2 trillion in 2026 as grid bottlenecks emerge as the critical constraint

The global energy transition market hits $3.17T this year, growing at 11.1% CAGR, but 1,650 GW of renewable capacity is stuck waiting for grid connections.

Blackstone acquires Dresser Utility Solutions to accelerate gas and water infrastructure modernization

Blackstone Energy Transition Partners is buying Dresser Utility Solutions from First Reserve, backing the 146-year-old metering and control equipment maker's ne

Hitachi Energy expands digitalization portfolio to manage AI-driven grid complexity

Hitachi Energy's expanded digitalization suite targets utilities and asset-heavy industries facing surging grid complexity from AI load growth and the energy tr