Power & Electricity News

Power and electricity news: grids, utilities, generation capacity, transmission investment, outages and wholesale electricity markets.

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India Approves $7.3 Billion Ultra-High-Voltage Line to Move Solar and Wind Power East

India Approves $7.3 Billion Ultra-High-Voltage Line to Move Solar and Wind Power East

India's National Committee on Transmission has approved a new 1,150-kilovolt (kV) power corridor estimated to cost about $7.34 billion (688 billion rupees), a project Reuters...

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LS Power to Buy Nearly 5 GW of NRG’s Gas-Fired Plants in $4 Billion Deal

LS Power to Buy Nearly 5 GW of NRG’s Gas-Fired Plants in $4 Billion Deal

LS Power has agreed to buy six natural gas-fired power plants from NRG Energy for $4 billion, picking up almost 5 GW of generating capacity...

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Russian Strikes Cut Power to 600,000 in Ukraine Days Before Abu Dhabi Talks

Russian Strikes Cut Power to 600,000 in Ukraine Days Before Abu Dhabi Talks

Russia fired three Kh-59/69 guided missiles and 164 strike drones at Ukraine's power system overnight into Sunday, leaving more than 600,000 people without electricity in...

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National Grid Lifts Capital Spending a Third as £70 Billion Plan Accelerates

National Grid Lifts Capital Spending a Third as £70 Billion Plan Accelerates

National Grid said capital investment across its UK and US networks rose by about a third in the six months to September, as the British...

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What Is a Power Purchase Agreement (PPA)?

What Is a Power Purchase Agreement (PPA)?

Last updated: November 2, 2026 A power purchase agreement (PPA) is a long-term contract between an electricity buyer and a generator that locks in a...

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Is Türkiye Being Bypassed? €22bn Black Sea Cable to Carry Azerbaijani Green Power to Europe

Is Türkiye Being Bypassed? €22bn Black Sea Cable to Carry Azerbaijani Green Power to Europe

Ankara-based Russian Studies Institute (@rusencenter) said in a post on X that Azerbaijan will sell electricity generated from renewable sources to Europe through a €22...

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ACWA Power Signs $478 Million Water Deal for Dubai’s Hassyan Desalination Plant

ACWA Power Signs $478 Million Water Deal for Dubai’s Hassyan Desalination Plant

Saudi developer ACWA Power disclosed to the Saudi Exchange (Tadawul) on October 28 that it has signed a 30-year water purchase agreement worth about $478...

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Xcel Energy Lifts Five-Year Capital Plan 17% to $70 Billion on Data Center and Grid Demand

Xcel Energy Lifts Five-Year Capital Plan 17% to $70 Billion on Data Center and Grid Demand

Xcel Energy raised its five-year capital spending plan to $70 billion for 2027-2031, up 17% from the $60 billion plan it had laid out a...