Electricity

India Raises its Long-Term Power Demand Forecast

India has raised by 5% its previous projection for peak electricity demand in the financial year 2031-2032, due to surging demand last year that outpaced the government’s forecasts, sources with knowledge of the latest forecast told Bloomberg on Monday. In the FY 2031-2032, between April 2031 and March 2032, India …

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Grid Expansion about to become Biggest Transition Problem

In September last year, the European Union’s electric utility industry association, Eurelectric, warned that the bloc needed what Reuters called “unprecedented” investments in grid upgrades. Otherwise, Eurelectric said, the EU could well miss its energy transition targets. A month later, the Biden administration announced a $3.5-billion grant pot for grid …

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AI Boom could Slow U.S. Clean Grid Ambitions

Data centers, especially those powering AI technologies, have seen such explosive growth that they are taxing utilities beyond what soaring power demand is calling for. Some utilities in the eastern and southern parts of the U.S. are proposing build-outs of new natural gas-fired capacity alongside renewables to support the growth …

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Greece’s Green Electricity Production at Record Levels

“Green” electricity production increased to record levels on Sunday, September 10, when renewable energy sources (RES) covered up to 140% of demand, with the surplus channeled to exports, while the participation of lignite was reduced to zero. According to the data published on Saturday by the Independent Power Transmission Operator …

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