New England’s annual capacity auction closed with sufficient power system resources to meet forecast peak demand in 2027/2028. Nearly all of the new resources securing capacity supply obligations were energy storage, solar, wind, or demand-reducing resources. ISO New England Inc. runs the auction each year to procure the resources needed to meet consumer demand for….

Pro-nuclear advocates welcomed a historic announcement last week when Amazon Web Services (AWS), the world’s largest operator of data centers, made a decisive move that all but validated the inevitable: “One of the US’s largest nuclear power plants will directly power cloud service provider Amazon Web Services’ new data center. Power provider Talen Energy sold….

Natural gas futures jumped sharply Wednesday, bouncing after ending the previous session at the lowest in more than 3½ years after Chesapeake Energy, a major shale producer, cut its production outlook. Meanwhile, crude oil futures ticked slightly higher in rangebound trading as investors monitored developments in the Middle East and weighed the outlook for global….

Eversource Energy on Tuesday, February 13th, reported a loss in the fourth quarter, as the utility recorded after-tax impairment charges of about $1.62 billion related to its offshore wind projects. Eversource plans to sell its stake in two offshore wind projects – South Fork Wind and Revolution Wind to Global Infrastructure Partners – for $1.1 billion,….

The Federal Energy Regulatory Commission in January approved a 1-year delay to New England ISO’s Forward Capacity Auction 19. Now, the grid operator has asked for a further 2-year delay to develop a new approach to procuring resource commitments. ISO New England on Thursday, February 8th, said it wants to shift from its annual Forward….

The Biden administration said Friday it is delaying consideration of new natural gas export terminals in the United States, even as gas shipments to Europe and Asia have soared since Russia’s invasion of Ukraine. The decision by President Joe Biden, announced as the 2024 presidential election year kicks off, aligns the Democratic president with environmentalists….

Caterpillar (CAT) said on Friday, January 19th, that it demonstrated the performance of a hydrogen fuel cell system at high altitudes and below-freezing temperatures during a simulated 48-hour backup power event at Microsoft’s (MSFT) data center in Cheyenne, Wyoming. The company said the demonstration provided insights into the use of large-format hydrogen fuel cells for….

A possible loss of the Everett Marine LNG terminal can jeopardize the reliability of New England’s energy supply during extreme cold weather, the Federal Energy Regulatory Commission (FERC) and the North American Electric Reliability Corp (NERC) said on Monday. Constellation Energy, a U.S. energy firm, owns the 1,413-megawatt Mystic natural gas-fired power plant and the….

Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that tensions in the Middle East could reduce global oil supplies. Brent futures rose $2.44, or 3.2%, to $78.33 a barrel by 11:06 a.m. EST (1606 GMT), while U.S. West Texas Intermediate (WTI) crude rose $2.45, or 3.5%,….

Global oil prices jumped on Monday after the energy giant BP said it had stopped sending tankers through the Red Sea, a vital shipping lane which has become an increasingly dangerous route because of drone and missile attacks targeting merchant ships launched by the Houthi armed group in Yemen. The announcement by BP raised fears….