North Plains Connector Advances With Bipartisan Backing — and a Long Road Ahead
A proposed 420-mile high-voltage direct-current line from Montana to North Dakota has become one of the United States’ most closely watched grid projects. The North Plains Connector, valued at $6 billion, earned support from both the Biden and Trump administrations and secured a $700 million Department of Energy grant to cover startup costs — backing […]
Germany’s Capacity Market Clears EU Hurdle Six Days Before First Auction
The European Commission has approved Germany’s long-awaited capacity mechanism under EU state aid rules, clearing the way for the country to secure adequate electricity supply from 2031. The green light came after roughly three and a half years of negotiations — arriving just six days before the scheme’s opening auction, scheduled for September 8. The […]
Solar Generation Saved Europe More Than €30 Billion Amid Overlapping Energy Crises
Europe’s expanding solar capacity shielded the continent from even steeper energy costs, saving more than €30 billion as two consecutive geopolitical shocks kept fossil fuel markets on edge, industry figures show. The savings built up across back-to-back disruptions. Russia’s invasion of Ukraine first laid bare the risks of dependence on pipeline gas and tanker routes. […]
