Next-month futures in Europe’s biggest economy surged as much as 4.4% on Monday to the highest level since October last year. The equivalent contract in France rose 4.3%.

An electricity shortage is bearing down on the nation and there are no easy fixes. Trump has laid out an energy policy that would emphasize oil and gas drilling and environmental controls and curbs on the rate of wind generation deployment. None of that will get us through the impending crisis as the demand for more electricity is surging.

As renewable energy sources like solar and wind become more widespread, their inherent unpredictability introduces new challenges. Unlike traditional fossil fuel power plants, renewable generation is intermittent, making it harder to forecast production and balance the grid.

The CFE's investment plan for this period consists of US$23.4bn, of which US$12.3bn correspond to new generation projects (13,024 MW), US$7.5bn to transmission infrastructure and US$3.6bn to distribution projects.

The U.S. Department of Energy will allocate almost $2 billion for 38 projects that will directly focus on hardening the U.S. power grid.

The U.S. Department of Energy (DOE) announced nearly $2 billion for 38 projects that will protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification.

Furthermore, the vulnerabilities of the power sector have cascading effects on critical infrastructure such as communication, health and other emergency services. On a power system level, a lack of situational awareness, inadequate system visibility and ageing infrastructure further contribute to a wider disturbance propagation and slowing down of restoration services.

Electricity being the key driver for rapid economic growth and poverty alleviation sets the target of providing access to all households.

DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience, relieve costly transmission congestion, and open access to affordable energy to millions of Americans across the country.

Inner Mongolia, which leads China in coal production this year, already has 88 gigawatts of wind and solar capacity, with another 170 gigawatts in the pipeline. That’s a combined total that would dwarf the power fleet of Germany.

As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced over $3 billion for 25 selected projects across 14 states to boost the domestic production of advanced batteries and battery materials nationwide.

The CNY7.1bn (US$998m) transmission project will run for 1,271 km between the cities of Shenmu in northern Shaanxi to Lantian in the south.

Clean energy technologies like solar, wind, electric cars, and heat pumps seem to be reshaping the power that we deploy today in factories, vehicles, home appliances and heating systems.

In support of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced a $2.2 billion investment in the nation’s grid for eight projects across 18 states

AI chatbots such as ChatGPT and Bard are known as voracious consumers of electricity and water. More precisely, it is the colossal data centers powering them that are to blame and there are no signs of slowing down.