EnergyInnovation

NRG and GE Vernova Join Forces to Construct Major Gas Plants for AI Developments

1 month ago

In a significant development in the energy sector, NRG Energy and GE Vernova have unveiled plans to construct a remarkable five gigawatts of gas-fired power plants aimed at bolstering artificial intelligence (AI) technologies. This ambitious project is set to enhance energy efficiency and provide reliable power sources critical to meeting the growing demands from the tech and manufacturing sectors.

The AI Revolution: Power Companies Emerge as America's Leading Hybrid Capital Players

4 months ago

In an unprecedented shift, several power firms in the United States are capitalizing on the torrid investment in artificial intelligence (AI), positioning themselves as central figures in the hybrid capital landscape. This trend has emerged as these energy companies, traditionally focused on electricity and supply, adapt and invest in AI technologies to bolster their operations and profitability. The hybrid capital they are attracting has origins in both equity and debt markets, creating an avenue for innovation and growth in an industry long viewed as conventional.

Google Explores Nuclear Power to Energize Its Data Centers

6 months ago

In an ambitious move towards sustainable energy, Google is reportedly engaging in discussions with utility companies regarding the potential use of nuclear power to fuel its data centers. This initiative comes as part of the tech giant's broader strategy to reduce its carbon footprint and transition to greener energy sources.