Lisa Martine Jenkins

1 week ago | latitudemedia.com | Lisa Martine Jenkins

Demand for gas is skyrocketing. In an era of new load growth caused by electrification, the onshoring of manufacturing, and a boom in data centers for artificial intelligence, gas has become the “first-choice technology to fill the impending gap,” the think tank RMI found in a new report, seen by Latitude Media before its publication today. For the rest of the decade, utilities and independent power providers are projected to double the recent rate of construction.

1 month ago | latitudemedia.com | Lisa Martine Jenkins

It was nearly a year ago that Google and the Nevada utility NV Energy unveiled the clean transition tariff, a novel rate structure that would allow large customers to pay a premium for power from emerging energy technologies. The third member of the cohort was enhanced geothermal company Fervo Energy, the developer whose project would be the subject of the first-of-a-kind funding model.

1 month ago | latitudemedia.com | Lisa Martine Jenkins

As lawmakers in the House begin to hash out the budget reconciliation process on Capitol Hill, the solar industry is up in arms. The House Ways and Means Committee’s draft reconciliation package walks back most of the Inflation Reduction Act’s valuable energy investment and production tax credits. Starting in 2028, it decreases the value of credits for technologies including solar, batteries, wind, and nuclear; after 2031, it sunsets them completely.

1 month ago | latitudemedia.com | Lisa Martine Jenkins

It is a day of acquisitions for power company NRG Energy. Faced with the need for more supply especially to meet data center demand, the company has doubled its generation capacity in a one fell swoop. The power giant has acquired the virtual power plant company CPower, which has roughly six gigawatts of capacity across all deregulated markets in the U.S. The company is one of the largest VPP operators in the country, with more than 2,000 commercial and industrial customers.

1 month ago | latitudemedia.com | Lisa Martine Jenkins

Founded in 2001, Bloom Energy’s initial pitch was that in a digitized world, “there’s no such thing as enough energy,” recalled CEO KR Sridhar. And large users like data centers or manufacturers would need that power to be produced onsite, even if they’re relying primarily on the grid.