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The true engine of America’s economy might surprise you. It’s not tech. It’s not artificial intelligence, finance, or manufacturing. It’s energy. Energy accounts for just 7% of America’s gross domestic product (GDP), but, as former FERC Chair Mark Christie put it, “it’s the foundational 7% ... everything else in our economy and lifestyle flows from it.”
FirstEnergy Corp. has submitted a plan to build a new 1,200-MW natural gas-fired combined-cycle power plant to serve customers in West Virginia. The company recently filed an Integrated Resource Plan (IRP) with state regulators that also calls for keeping two major coal-fired power plants in West Virginia operating at least through the next decade.
The summer of 2025 pushed the U.S. electric grid to its limits. A brutal heat dome swept across the East Coast, while a powerful derecho tore through the Midwest, leaving more than 28,000 homes and businesses without power in Iowa alone. Demand surged to record levels. Yet despite the pressure, the grid avoided major blackouts. Smarter, more flexible systems are beginning to deliver results, but the need for faster transformation is undeniable.
Google announced the first phase of a $4-billion data center project in West Memphis, Arkansas, an initiative that state officials have called one of the largest economic investments in state history. The facility, located near the Arkansas-Tennessee state line, will be powered by Entergy using solar power and existing generation in the area.
Duke Energy announced plans to build more natural gas-fired generation capacity and look at nuclear power in order to meet the increased demand for power in its Carolinas service territory. The utility also said it will delay the retirement of some coal-fired facilities as it seeks to increase the supply of electricity for data centers and manufacturing plants.
Xcel Energy is adding more natural gas-fired power generation in Texas, with plans to convert a retiring coal-fired plant to natural gas, along with building a new peaker plant to provide electricity at times of high demand.
As energy demand intensifies across data centers, industrial clusters, and electrification efforts, small modular reactors offer a scalable path forward. Yet, their success depends on preparing the ground—literally and figuratively—for rapid deployment.
The NTPC Vindhyachal Thermal Power Station, with an installed generation capacity of 4,783 MW, comprises 13 coal-fired units and includes solar and hydropower installations. The plant continues to implement advanced emission-control technologies as part of India’s broader decarbonization strategy.
Grid operator Empresa Propietaria de la Red (EPR) is modernizing Central America’s 230-kV SIEPAC backbone with advanced communications, fault-location tools, and cybersecurity to meet the unique challenges of a multinational high-voltage grid.
This year marks the second installment of POWER’s partnership with Best Companies Group (BCG) to recognize outstanding workplaces in the power sector. Building on the success of our inaugural program in 2024, the Best Places to Work in the Power Industry initiative continues to spotlight companies that prioritize employee satisfaction, foster inclusive cultures, and create environments where people thrive.
Trina Storage, a global energy storage solutions company and part of Trina Solar, said the Abydos BESS project was delivered ahead of its scheduled commercial operation date and provides a new benchmark for large-scale energy storage projects in North Africa. The BESS supports the solar power facility in Aswan Governorate in Egypt.
California utility PG&E announced a $73-billion capital expenditure plan covering the next five years, with investments targeting infrastructure upgrades to support growing demand for electricity in its territory, particularly from data centers.
The Islamic Republic News Agency (IRNA) said Iranian officials have signed an agreement with Rosatom, Russia's state-owned nuclear power company, to build at least four nuclear power plants in Iran. The $25-billion deal announced September 26 comes two days after Rosatom said officials said they had signed a memorandum of understanding to advance construction of nuclear power technology in Iran.
A new report from the American Clean Power Association (ACP) and Wood Mackenzie shows the U.S. energy storage market set a record for quarterly growth in April through June of this year. The latest U.S. Energy Storage Monitor from the groups reports 5.6 GW of installations during the second quarter of 2025.