Global Coal Demand Peaks

Global Coal Demand Peaks

Global coal demand hit a record 8.77 billion metric tons in 2024, led by China and India, while the U.S. and Europe saw declines, according to a report released by the International Energy Agency (“IEA”) in December. China consumes 30% of global coal, and India’s use...
Constellation to Acquire Calpine for $16.4 billion

Constellation to Acquire Calpine for $16.4 billion

Constellation has announced an agreement to acquire Calpine Corp. for approximately $16.4 billion in cash and stock. The net purchase price could reach $26.6 billion after accounting for cash generated by Calpine before closing as well as the value of tax attributes...
BOEM Moves Forward with Gulf Offshore Wind Leases

BOEM Moves Forward with Gulf Offshore Wind Leases

The Bureau of Ocean Energy Management (BOEM) has announced a Determination of Competitive Interest for two Wind Energy Areas (WEAs) in the Gulf of Mexico, which was published in the Federal Register on December 13, 2024. This decision follows competitive proposals...
Record Breaking Growth in Q3 for Clean Energy in the U.S.

Record Breaking Growth in Q3 for Clean Energy in the U.S.

The American Clean Power Association’s latest Clean Power Quarterly Market Report highlights a record-setting Q3 2024, with 10.2 GW of clean energy capacity added. This growth positions 2024 as a historic year for U.S. clean energy, with year-to-date...
Datacenter demand moves to the Midwest

Datacenter demand moves to the Midwest

The rapid growth of data centers in the Midwest, such as Microsoft’s $3.3 billion complex near Racine, Wisconsin, highlights the region’s strategic advantages, including a cooler climate and robust energy infrastructure. However, these facilities place immense...
FERC Approves PJM Capacity Auction Delay

FERC Approves PJM Capacity Auction Delay

The Federal Energy Regulatory Commission (FERC) has approved PJM Interconnection’s request to delay the 2026-2027 capacity auction by six months, rescheduling it for June 2025, after complaints about soaring wholesale capacity market prices. The next three base...