electricity demand growth

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 […]

Gas power is experiencing a stunning resurgence, driven by soaring electricity demand. But as utilities scramble to secure new capacity, a turbine supply crunch is unfolding, forcing urgent procurement

Compared to recent years, which have been characterized by chronic energy shortages and price volatility, the world appears to be trundling toward a new energy market context, defined by an unprecedented

Well over half of North America faces a potential shortage of electricity supplies in the coming years, compounded by surging demand growth, accelerating generator retirements, and delays in resource development, the North American Electric Reliability Corporation (NERC) has warned in its latest 2024 Long-Term Reliability Assessment (LTRA). The designated electric reliability organization’s (ERO’s) annual 10-year […]