The Ivanpah Solar Electric Generating Facility, once heralded as a groundbreaking endeavor in renewable energy, now faces a partial closure due to Pacific Gas and Electric's (PG&E) decision to terminate two of its power purchase agreements (PPAs) with the facility. This development prompts
Investing in nuclear energy infrastructure presents a multifaceted landscape of economic benefits and challenges. Jack Shaw's thorough evaluation highlights the potential for substantial economic rewards, including job creation, high tax revenue, market diversity, and niche applications.
American Electric Power (AEP) has recently announced its decision to sell a 19.9% equity interest in AEP Ohio Transmission Company (OHTCo) and AEP Indiana Michigan Transmission Company (IMTCo) to a consortium comprising KKR and Canada’s Public Sector Pension Investment Board (PSP) for $2.82 b
The state of Texas has taken a considerable step in promoting sustainable transportation by being awarded $39.7 million to enhance its electric vehicle (EV) charging and refueling infrastructure. This initiative not only underscores the state's commitment to reducing carbon emissions but also
The U.S. ports are on a transformative journey towards zero-emission operations, driven by substantial funding and strategic initiatives. The U.S. Environmental Protection Agency (EPA) has taken a leading role in this transition, providing nearly $3 billion to support the decarbonization of port
As data centers and artificial intelligence technologies continue to expand at an unprecedented rate, U.S. utility companies are poised to experience significant growth opportunities. This trend, however, also comes with inherent risks that need careful management. According to a recent Bank of
