data center demand
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Trends
PJM’s First Reformed Queue Cycle Draws 811 Projects, 220 GW
PJM Interconnection’s first interconnection “cycle” under its revamped, clustered review process has attracted 811 new generation projects representing roughly 220 GW of nameplate capacity. The effort now moves to a validation phase, under which the grid operator will confirm that applicants have met baseline technical and financial requirements—including site control and readiness commitments—before advancing qualified […]
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Trends
Vistra to Acquire 2.6 GW Gas Fleet for $1.9B, Citing Surging U.S. Power Demand
Vistra Corp. has agreed to acquire seven natural gas power plants totaling 2,557 MW from Lotus Infrastructure Partners for $1.9 billion, as part of a strategy to meet surging U.S. electricity demand and expand its competitive generation portfolio. The deal, announced on May 15, is valued at approximately $743 per kilowatt and includes five combined […]
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Electrification
Alberta’s Deregulated Grid Is Bracing for 11 GW of New Demand
While Alberta’s historical energy legacy has been defined by coal and crude oil, the Canadian province has embraced renewables and carbon capture over the past two decades, and is now exploring small modular