State of Industry

Energy Storage & Carbon Emissions

Over the last several years, towns, cities, and states across the United States have developed policies and invested in efforts aimed at to reducing greenhouse gas emissions and their associated negative societal impacts. Businesses and private citizens have also become increasingly involved in...

Trump Budget Proposal Slashes Clean Energy Funding

President Donald Trump's proposed 2026 federal budget outlines a significant reallocation of resources, with a notable emphasis on reducing expenditures in clean energy, environmental initiatives, and scientific research. The Department of Energy (DOE) is particularly affected, facing a proposed...

Changing Utility Business Models And Electricity Investment In Europe

The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the...

Exelon Expands Data Center Load and PJM Capacity

In a rapidly evolving energy landscape, Exelon’s recent moves in the energy and data center markets signal a pivotal shift in how utilities are engaging with the intersection of technology, grid capacity, and sustainability. The company’s entry into data center load management and its...

DOE Prioritizes Baseload Generation

In a strategic move to tackle the growing electricity demand and bolster energy security, the U.S. Department of Energy (DOE), under Secretary Chris Wright, has announced plans to focus on expanding baseload and dispatchable power generation. This shift in priorities, outlined on January 5, 2025,...

How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia,...

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