California approves $4.8 B grid expansion plan
California ISO Board approves 2024–2025 plan with 31 grid projects totaling $4.8 B to support rising demand and modernize the state’s power infrastructure.
#Power demand
Meeting AI data center power needs in North America
Siemens Energy highlights infrastructure and supply challenges as data centers face mounting pressure for faster, reliable power to support AI growth.
Instrument transformers market to surpass $8.9 B by 2031
The global instrument transformers market is forecast to grow at a CAGR of 7.7 % from 2023 to 2031, reaching $ 8.9 B by 2031.
Paralleling switchgear market to reach $2.8 B by 2032
The global paralleling switchgear market is projected to reach $2.8 B by 2032, growing at a CAGR of 7.5 % during the forecast period.
Kathmandu Valley to See Electricity Boost with New Substations
Driven by increasing urbanisation and a rising demand for reliable power.
A New Power Player in Energy Markets
Cryptocurrency mining changes could end the strain on power grids.
The Rise of Utility Stocks: How AI is Driving Demand for Power
While there are concerns about the sustainability of the gains, the growing demand for power from tech companies is undeniable.
A Different Approach to Meeting Data Center Power Demands
The data center industry and utilities are facing a critical challenge supplying electricity, but also an opportunity.