Workflow
Electricity prices
icon
Search documents
Connecticut's Lamont Blasts Trump Order to Stop Wind Power Projects
Bloomberg Television· 2025-12-23 20:26
If, in fact, this is halted here. The mayor of New London, Michael Bizzaro, says the Grinch has just stolen Christmas. Is he right.Not a heck of a Christmas present, was it. What you just heard the president say. It does high wind power, but he's not the leader of things that were committed a long time ago.Are we in revolution when was actually permitted under from one back in 2000, 1890. So a long time ago. So this was a real shock to our system.They did it to us over Labor Day as well. Remember, they had ...
What to know about New Jersey's race for governor
NBC News· 2025-11-04 21:48
Election Overview - A Democrat winning the governor's mansion for three consecutive terms would be a first in six decades [1] - Key issues in the election mirror national concerns, including the economy and property taxes [2] - The race is considered one of the closest in the country [4] Campaign Strategies - Cheryl's campaign is focusing on tying Chidarelli to President Trump, whose approval ratings have dipped, especially on the economy [3][4] - Chidarelli received support from President Trump via a teletown hall [4] - Cheryl's campaign reported a 300,000 vote margin in early votes and vote-by-mail numbers [5] Voter Behavior - President Trump made serious gains in Somerset County in November, though it remains a Democratic area [2] - Republicans tend to vote in person more than Democrats [5]
New megawatts will have to supply AI not current excesses, says Energy Capital's Doug Kimmelman
CNBC Television· 2025-10-09 19:11
Market Dynamics & Growth Drivers - Power has become a hot commodity due to its critical role in AI and overall economic function [2] - Increased demand for electricity is driven by AI, LNG exports, cryptocurrency mining, and onshoring of manufacturing [13] - Open AI's potential deals represent massive electricity needs, equivalent to millions of homes [9][10] Electricity Prices & Costs - In New Jersey, power generation accounts for roughly 30% of electricity bills, with transmission and distribution comprising 50% [5] - Transmission costs have increased significantly, with a 300% increase over the last 15 years due to infrastructure upgrades [6][7] - Power generation prices have decreased by 40-50% over the last 15 years, but overall electricity costs are expected to rise faster than inflation [4][8] Power Generation & Capacity - The US has approximately 1200 gigawatts (12 million megawatts) of power generation capacity [11] - Data centers currently consume about 2% (25 gigawatts) of US power generation, with potential to increase to 10% (additional 100 gigawatts) [11] - Nuclear and coal power generation has decreased from 70% to 40% and could potentially lose 150 gigawatts [12] Infrastructure & Reliability - Renewables are often located in remote areas, requiring thousands of miles of expensive transmission lines [8] - Aging power lines (60-75 years old) are prone to failure and pose a reliability risk [7] - Public Service Electric & Gas has invested and plans to invest billions in transmission and distribution upgrades (20-30 billion already, another 30 billion planned) [6]
X @Bloomberg
Bloomberg· 2025-08-28 10:10
South Africa’s energy regulator will allow Eskom to raise electricity prices by more than previously permitted after the parties reached a 54 billion-rand settlement https://t.co/fGfYVvxBTB ...
X @Forbes
Forbes· 2025-08-20 13:40
Market Trends - Electricity prices have jumped more than twice as fast as overall inflation in the last year [1]