Balico LLC, an energy firm rooted in Herndon, Virginia, is embarking on an ambitious project to develop a significant natural-gas-fired power plant and a sprawling data center complex over 2,200 acres in Pittsylvania County, Virginia. Currently designated for residential purposes, the site is up
Ultra Safe Nuclear Corp. (USNC), a notable player in the microreactor technology and advanced nuclear fuel market, has recently filed for Chapter 11 bankruptcy. This move signifies a critical restructuring phase aiming to secure new ownership while sustaining its ongoing operations. The dynamic
To ensure reliable electricity, especially during periods of peak demand like heatwaves, utility companies in the U.S. rely on "peaker" plants. These plants can ramp up production quickly, providing essential support when electricity consumption surges. However, their use presents
Stabilis Solutions, a leading U.S. clean fuel producer, is positioning itself for significant expansion by preparing to build a new LNG bunkering facility on the Gulf Coast. This initiative is part of the company's broader strategy to leverage the increasing demand for liquefied natural gas
The maritime industry stands at a significant crossroads, grappling with the dual imperatives of reducing carbon emissions and maintaining operational efficiency. Traditional fossil fuels, long the backbone of maritime operations, are giving way to a new breed of alternative fuels that hold the
PPL Electric Utilities is set to bring some welcome news to its customers, particularly those who have not opted for alternative energy suppliers. Starting June 1, 2024, the utility company will reduce its electricity supply rates significantly, a decision that is subject to approval by the
