Calpine said it will sell four power plants in the PJM Interconnection totaling 3,546 MW in an effort to allay concerns that Constellation Energy's (NASDAQ:CEG) plan to buy the company could use its market power to affect power prices,
Calpine plans to sell four “valuable” power plants in the PJM Interconnection’s eastern region through a solicitation process, the company told FERC.
More gas-fired power deals are expected, with potential PE sellers including Avenue Capital, ArcLight Capital and LS Power.
In one brutal blow, DeepSeek has revealed just how many energy-related businesses in the US have been banking on an artificial intelligence boom — and the surge in power demand it was supposed to bring.
Springfield lawmakers will hash out a plan to move solar and wind projects forward after sluggish growth for clean power in Illinois and a recent rise in coal and natural gas demand.
We recently published a list of Coatue’s 35 Most Important AI Stocks. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against Coatue’s other most important AI stocks.
Teneo, a New York-based global advisory and consulting firm, said Thursday it was launching an energy and infrastructure practice to be headquartered in Houston. The new practice will be headed by Bob Zabors,
Houston’s main electrical company backed off plans to raise rates after facing sharp criticism for its response to massive power outages after Hurricane Beryl.
The emergence of Chinese artificial-intelligence company DeepSeek raises a simple question that has clobbered energy stocks tied to the AI boom: What if AI can run sophisticated models without using so much energy?
AI's impact on electricity demand is uncertain with the emergence of DeepSeek, causing confusion among investors and leading to a sell-off in power stocks. Less sensitive ETFs include XLU, RSPU, and GRID.
Vesper Energy has installed the last of more than 1.36 million solar panels covering 6 square miles at Hornet Solar in Swisher County, Texas.
The Chinese AI company roiled financial markets and showed the road to growth in electricity demand may be bumpy.