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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
This story was originally published on Utility Dive. To receive daily news and insights, subscribe to our free daily Utility Dive newsletter. In what has become a familiar refrain, electricity prices and utility spending dominated industry headlines in the last week of October. But that’s not all. The Trump administration is also asserting itself in new ways by partnering with private companies to build nuclear generation and pushing federal regulators to expand their authority over large load interconne ...
Brookfield in Advanced Talks for Massive Nuclear Project in South Carolina
WSJ· 2025-10-24 16:00
Core Insights - Santee Cooper is in advanced negotiations to sell two inactive nuclear reactors to Brookfield Asset Management, which could support data centers essential for the AI industry [1] Company Summary - Santee Cooper is a major power provider in South Carolina [1] - The sale of the nuclear reactors is aimed at enhancing infrastructure for data centers that are critical for the ongoing AI boom [1] Industry Summary - The transaction highlights the growing demand for energy resources to support the expanding AI sector, particularly through data centers [1]
Duke Energy considers nuclear reactors and coal extensions in Carolinas energy plan
Reuters· 2025-10-01 13:56
Core Insights - Duke Energy is exploring the addition of large nuclear reactors to its energy portfolio as part of a long-term strategy to address increasing energy demands [1] - The company is also considering extending the operational life of certain coal plants to enhance energy supply stability [1] Group 1 - Duke Energy's long-term energy plan is driven by sharply rising energy needs [1] - The potential inclusion of nuclear reactors indicates a shift towards more sustainable energy sources [1] - Extending the life of coal plants reflects a transitional approach to energy generation while balancing current supply challenges [1]