demand growth
Weather-normalized electricity demand has increased by about 2% in Eversource Energy’s service territories in New England, in part due to heating and transportation electrification, CEO Joe Nolan said.
Dominion Energy reported $1 billion in net income in the third quarter, which saw it remain on track with its offshore wind project while its pipeline of data center customers grew yet again.
The artificial intelligence industry and power industry are working together to develop the first “power-flexible AI factory” at a 96-MW facility in Manassas, Va.
Panelists at S&P Global’s Nodal Trader Conference discussed the impact of demand growth and uncertain load forecasts on markets.
The North Carolina Utilities Commission spent several days diving into the issues of meeting new demand from large loads like data centers.
Citing growing demand for power and gas, FERC removed regulations that paused pipeline construction pending appeals after developers said it led to too many delays and costs.
Rising demand and power bills are giving an extra push to expand demand-side management programs, but experts said the industry needs to do more to educate consumers to take advantage of the resources.
Duke Energy filed its long-range plan with the North Carolina Utilities Commission, calling for more natural gas-fired generation and batteries while keeping existing coal plants online to meet accelerated demand for electricity.
The R Street Institute has ranked the states on their embrace of policies related to competition, which includes retail power markets, RTO membership, smart metering policies and friendliness to distributed resources.
Following in the footsteps of other major tech firms, Facebook's owner, Meta, has asked FERC to set up a power marketing subsidiary called Atem Energy that will help it manage its growing demand for electricity.
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