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Automated analysis of power industry news, curated for developers and large loads.

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Utility Dive•3 days ago

•M&A valuations for existing gas power assets have doubled since 2024, indicating strong market interest in current infrastructure.
•Despite high M&A activity, analysts warn that new gas generation projects remain a risky investment.
•The article's title suggests a historical parallel to previous gas boom-and-bust cycles, implying caution for current development trends among developers and IPPs.

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Utility Dive•7 days ago

•Xcel Energy plans a massive $60 billion capital expenditure, including 7.5 GW of renewables, 3 GW of gas generation, and 1.9 GW of energy storage, signaling significant market opportunities for developers and equipment providers.
•The plan includes 1,500 miles of high-voltage transmission and $5 billion for wildfire mitigation, addressing critical grid modernization, reliability, and interconnection challenges across Xcel's service territories.
•This substantial investment indicates a strong utility commitment to decarbonization and grid resilience, driving demand for new generation, storage, and transmission projects, and offering new PPA opportunities for large power consumers.

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POWER Magazine•8 days ago

•A pioneering hydrogen combustion engine CHP trial, led by EMEC, successfully powered Kirkwall Airport in Orkney, UK.
•This marks the first instance of hydrogen meeting both power and heat demands for a UK commercial airport.
•The project demonstrates a viable, real-world application of hydrogen for critical infrastructure and large energy consumers seeking decarbonization.

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POWER Magazine•10 days ago

•Data centers are increasingly deploying gas generators for prime power, moving beyond their traditional backup role.
•This strategic shift is driven by chronic power shortages and excessively long lead times for grid interconnections across North America.
•Data center developers are prioritizing speed to market and operational certainty by investing in on-site generation to bypass grid bottlenecks.

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POWER Magazine•11 days ago

•INNIO Group received its largest equipment order ever, partnering with VoltaGrid for a 2.3 GW power infrastructure project.
•The project will power a data center and utilize 92 INNIO power packs, each with 25 MW of generation capacity.
•This announcement underscores the rapidly increasing and massive power demands of the data center industry.

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