Saturday, 22 February 2025

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Avangrid Announces Close of Sale for Kitty Hawk North Offshore Lease Area to Dominion Energy

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has closed the...

The logo of Amazon is pictured at the company logistics center in Carquefou near Nantes, France, October 15, 2024. REUTERS/Stephane Mahe
BusinessElectricityNewsNuclear PowerSmall Modular Reactors

Amazon.com joins push for nuclear power to meet data center demand

Amazon partners with X-Energy to develop small modular reactors for data centers, aiming for 960 MW capacity and exploring more projects.

The Google logo, left, is displayed at the company's headquarters in Mountain View, Calif., on July 19, 2016, and the Amazon logo is displayed on the exterior wall of the Amazon OXR1 fulfillment center in Oxnard, Calif., on Aug. 21, 2024. (AP Photo)
Climate FinanceEfficiencyElectricityNewsNuclear PowerSmall Modular Reactors

Amazon, Google make dueling nuclear investments to power data centers with clean energy

Amazon and Google invest in small nuclear reactors for clean energy, aiming to meet soaring data center demand.

FILE PHOTO: A trader walks next to Siemens Energy AG logos during Siemens Energy's initial public offering (IPO) at the Frankfurt Stock Exchange in Frankfurt, Germany, September 28, 2020. REUTERS/Ralph Orlowski/File Photo
BusinessCourtsInfrastructureLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsPoliticsRegulations

Siemens Energy agrees to settlement with US in case over gas turbine contracts

Siemens Energy to pay $104 million in U.S. settlement over using stolen trade secrets in bids for contracts in 2019.

A construction barge and crane float next to the first jacket (Centre) installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island July 27, 2015. Other support jackets and platforms sit on a barge (Left) behind the crane. The project by Deepwater Wind off the coast of Block Island, was North America's first offshore wind farm. At the time, the company said the milestone could pave the way for an industry long established in Europe but still struggling with opposition in the United States. REUTERS/Brian Snyder
AnalysisBusinessElectricityIn-DepthPoliticsRegulationsUtilitiesWind

Status update: U.S. offshore wind projects from permit stage to online

With U.S. offshore wind capacity set to grow rapidly over the next few years, we take stock of where things are now and...

Land-based wind turbines spin in Atlantic City, N.J., on Wednesday, Sept. 18, 2024. (AP Photo/Wayne Parry)
BuildingsBusinessCourtsInfrastructureNewsRegulationsTransmissionWind

Lawsuits buffet US offshore wind projects, seeking to end or delay them

Opponents of offshore wind around the U.S. are pelting projects with lawsuits seeking to cancel them or tie them up for years in...

Dominion Energy South Carolina President Keller Kissam, left , and Duke Energy's utility operations in South Carolina President Mike Callahan, speak before testifying before a South Carolina Senate committee planning to write a comprehensive energy bill in 2025 in Columbia, S.C., on Thursday, Aug. 22 2024. (AP Photo/Jeffrey Collins)
ElectricityLegislationNewsPolitics

South Carolina considers its energy future through state Senate committee

The South Carolina Senate is working on a comprehensive energy policy amid rapid growth and evolving power demands, aiming to avoid past mistakes...

FILE PHOTO: Equinor's logo is seen at the company's headquarters in Stavanger, Norway December 5, 2019. REUTERS/Ints Kalnins/File Photo
BusinessElectricityInfrastructureNewsTradeTransmissionUtilitiesWind

Equinor, Dominion win US Central Atlantic offshore wind auction

Equinor and Dominion won U.S. offshore wind leases off Delaware, Maryland, and Virginia in a lackluster auction, reflecting challenges in Biden's climate agenda.

Enbridge Inc. saw its second-quarter profit hit $1.84 billion, where it roughly also sat a year ago. An Enbridge worker loads pipe just west of Morden, Man., on Thursday, Aug. 16, 2018. THE CANADIAN PRESS/John Woods
BusinessFinanceFuelInfrastructureLiquefied Natural GasNatural GasNewsTransmissionUtilities

Enbridge makes progress on utility purchases; raises earnings forecast

Enbridge raises 2024 earnings forecast after acquiring U.S. gas utilities, aiming to become North America's largest gas utility.

FILE - This aerial photo shows cooling ponds alongside Dominion Energy's North Anna Power Station along the shores of Lake Anna in Mineral, Va., Aug. 15, 2018. Virginia's largest utility said Wednesday, July 10, 2024, that it will explore the possibility of using small nuclear reactors to help meet growing electricity demands while reducing greenhouse gas emissions. (AP Photo/Steve Helber, File)
ClimateElectricityEmissionsInfrastructureNewsNuclear PowerUtilities

Seeking carbon-free power, Virginia utility considers small nuclear reactors

The utility will explore the possibility of using small nuclear reactors to help meet growing electricity demands while reducing emissions.

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