POWER Magazine

JANUARY 25, 2025

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy […] The post Bill Gates’ TerraPower Has Deal to Use Nuclear Power for Data Centers appeared first on POWER Magazine.

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Crude Oil Futures

JANUARY 25, 2025

President Trump has been signing numerous executive orders since his inauguration on January 20, with a notable focus on energy policy. One significant action includes declaring a national energy emergency, which has profound implications for both the U.S. and global energy sectors. This declaration has led to: New LNG terminal approvals and an increase in Alaskan oil production.

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Oil IT Energy Energy 52

POWER Magazine

JANUARY 25, 2025

Prominent private equity investment firm Blackstone has agreed to acquire the 774-MW Potomac Energy Centera natural gas power plant located in Virginias Data Center Alleyin a deal valued at approximately […] The post Blackstone to Acquire 774-MW Virginia Gas Plant in ‘Data Center Alley’ in Reported $1B Deal appeared first on POWER Magazine.

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Gas Natural Gas Energy Energy 267

POWER Magazine

JANUARY 25, 2025

Shell Energy North America (SENA), a subsidiary of Shell, announced it has completed the 100% equity stake acquisition of RISEC Holdings (RISEC), which owns a 609-MW two-unit combined-cycle gas-fired power […] The post Shell Subsidiary Completes Purchase of Rhode Island Gas-Fired Power Plant appeared first on POWER Magazine.

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