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The Latest Breaking News from PJM

1 Natgas Stock to Scoop Up as the 'AI Effect' Sends Energy Demand Skyward

ChatGPT uses nearly 10 times more electricity than Google search, according to the IEA. With energy consumption expected to keep surging on rising data center demand, natural gas is ready to rise to the occasion. Here's one way for investors to play it.

Barchart

Private Equity Kept Aging Pennsylvania Coal Plant Open, Then Closed It With No Plan for Workers and Community

“Polluting behemoth” Homer City Generating Station was the state's largest coal-fired power plant.

Capital & Main

Make it easier for pharmacies trying to get COVID-19 treatments to patients

Delayed access to treatment could potentially mean the difference between someone experiencing mild symptoms of COVID-19 and hospitalization, a doctor writes.

Chicago Sun-Times

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Why wait? Get renewable energy projects connected to the power grid

Somebody — probably Congress or the Federal Energy Regulatory Commission — has to figure out how to get these projects up and running.

Chicago Sun-Times

Nearly 200 million people in US are under heat, flood advisories

Nearly 200 million people in the United States are under either a heat advisory or flood warning of some kind, as high temperatures and severe storms are to continue blazing and battering the nation

The Independent UK

It’s a myth that burning fossil fuels is a reliable way to generate power

Too often, the operators of fossil fuel plants that emit greenhouse gases can’t perform when customers need them most, a CUB leader writes. They shouldn’t be off the hook for fines when they fail on our power grid.

Chicago Sun-Times

Pennsylvania’s Largest Coal Plant Is Retiring. What Would It Take to Transition the Site to Renewables?

Homer City Generating Station has been used to delay environmental regulations. Could the infamous site become a symbol for the just transition?

Capital & Main

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BCPG spends $260m on US power stake

SET-listed BCPG Plc, the power generation arm of Bangchak Corporation, will acquire shares worth US$260 million in Hamilton Holdings II LLC to further expand its gas-fired power plant business in the US.

Bangkok Post

BCPG allots B3.9bn for expansion in US

BCPG Plc, the clean power generation arm of energy conglomerate Bangchak Corporation Plc, is expanding its business in the US by investing 3.9 billion baht in two gas-fired power plants in Ohio.

Bangkok Post

Millions of Americans urged to cut power use and keep grid stable

The largest U.S. grid operator is leaning on more than 65 million people to conserve electricity to keep the lights on as a frigid winter storm moves over the East Coast, boosting heating demand and forcing power plants to trip offline.

Tribune News Service

Nearly 20 dead in US after winter storm batters North America

Some died due to exposure, officials said

Manchester Evening News

Gulf expands in US with gas purchase

SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, has purchased 49% of Jackson Generation, a gas-fired power plant in Illinois, for US$400 million (15 billion baht) as it embarks on its US expansion.

Bangkok Post

Payouts on big US power grid fall 32% in blow to coal plants

Electricity generators on the biggest U.S. grid will be paid 32% less next year for being on standby to keep power flowing on the system stretching from New Jersey to Illinois.

Tribune News Service

MIGI: Rapidly Growing Digital Currency Mining & Infrastructure Provider

By M. Marin NASDAQ:MIGI

Benzinga

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