America’s hyperscalers are looking to ensure the electricity for their huge data centers by entering the supply side of the market—power trading. Meta, Microsoft, and Apple, to name a few, have either requested or obtained authorizations from the Federal Energy Regulatory Commission (FERC) to sell wholesale power. Meta Platforms, for example, seeks to incentivize long-term commitments in power-generating capacity by expanding into power trading and having the flexibility to contract electricity from futu ...

Metter is making a big push into A. I. We know that.And to assist in that expansion, the social media giant is actually adding another business to its portfolio. Power trading. Hoping to help plant developers by committing to long term energy contracts.Now most widely Gryphon covers matter. Extraordinary story. The amount of diversification these companies are having to do to fulfill the energy and requirements for datacenters.It's it truly is amazing. And it comes back to this idea that Mark Zuckerberg has ...

Core Insights - TotalEnergies plans to more than double its net gas generation capacity through the acquisition of 50% of Czech energy company EPH's Western European flexible power generation portfolio in a deal valued at 5.1 billion [1] Company Summary - The acquisition will significantly enhance TotalEnergies' position in the gas generation market, reflecting a strategic move to expand its energy portfolio [1] - This investment aligns with TotalEnergies' commitment to increasing its renewable and flexible energy sources, indicating a shift towards more sustainable energy solutions [1] Industry Summary - The deal highlights the growing trend in the energy sector towards consolidation and investment in flexible power generation capabilities, which are essential for balancing renewable energy sources [1] - The acquisition is expected to contribute to the overall growth of the Western European energy market, particularly in the context of increasing demand for gas generation amid the transition to cleaner energy [1]

Weather forecasters are finding a lucrative niche in Japan’s power-trading boom, selling hyper-specialized data to firms seeking an edge in one of the world’s most volatile electricity markets https://t.co/to5CdIeihn ...

Europe is making the biggest change to how power is traded in years https://t.co/ppopHBSmBP ...