Commonwealth Fusion Systems (CFS), a private company formed by the Massachusetts Institute of Technology, said that it is planning to build the world’s first grid-scale fusion power plant in Virginia, USA, scheduled to generate power by the early 2030s.
Last Energy of the USA has announced that it has received an offer of $103.7 million in debt financing from the US Government to set up the first of four planned micro-sized nuclear power plants in Britain.
David Eby, Premier of the Canadian province of British Columbia, has announced that nine wind energy projects have been approved.
The Canadian Government has announced it will provide Saskatchewan province with C$265 million to modernise and upgrade its power grid and to build more renewable power projects.
GE Vernova has secured an order from Dominion Energy to modernise two hydropower units at the Saluda Hydropower plant located approximately 10 miles from Columbia, South Carolina, USA.
Canada’s Hydro-Quebec is upgrading its 735 kV grid in order to support the energy transition of the province of Québec.
MidAmerican Energy of Iowa, USA, has said it expects to invest heavily in solar energy, natural gas-fired power plants, and an SMR facility over the next two decades to meet increasing demand, partly driven by the growing data centre industry.
The US Department of Agriculture (USDA) has awarded nearly $2.5 billion for Tri-State Generation and Transmission Association to retire 1.1 GW of existing coal-fired power plants and acquire about 1.3 GW of new renewable energy resources across the US states of Arizona, Colorado, New Mexico, and Wyoming.
An enduring drought across much of the western United States has caused a drop in US hydropower generation to a 23-year low so far in 2024, according to data from the US Energy Information Administration (EIA).
The US Supreme Court has allowed the Environmental Protection Agency to proceed with its plans to limit carbon emissions by power plants.