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The week in 5 numbers: Rising power prices amid a utility ‘super-cycle’ spending spree
Yahoo Finance· 2025-10-31 08:42
Group 1: Electricity Prices and Utility Spending - Electricity prices for residential customers increased by 6.1% in August compared to the same month last year, with regional variations in the causes of this rise [2] - U.S. electric utilities are projected to spend $1.4 trillion between 2025 and 2030, entering a five-year capital expenditure "super-cycle" to expand transmission and generation networks to meet new demand from data centers [3] Group 2: Solar Power and Nuclear Energy Developments - Solar power purchase agreement prices in North America rose by 4% from the second to third quarter of 2025, with expectations that prices will not decrease due to dwindling supply of tax credit-qualified projects [4] - A partnership valued at $80 billion has been announced to build more nuclear reactors, involving the federal government and companies like Westinghouse Electric, Cameco, and Brookfield Asset Management, with profit-sharing mechanisms included [5]