Quaise Energy, an MIT Energy Initiative (MITEI) spinout developing drilling technology to access superhot geothermal energy, raised $180 million in a series B round of venture capital, bringing the company’s total funding to $280 million. This new investment will fund…
Form Energy, Inc., an MIT-spinout energy storage company, has raised another $750 million in venture capital, bringing its total funding to date to more than $2 billion, the company announced last week. The new funding will be used to accelerate…
Around the world, tens of thousands of power plants, large industrial plants, and other facilities critical to the global economy pump millions of tons of climate-warming greenhouse gas emissions into the Earth’s atmosphere each year. A few have systems in…
As electricity demand is projected to rise significantly by 2040, the physical and logistical challenges in expanding and modernizing the grid.
The Minnesota Energy Connection and Lyon County Generating Station aim to enhance renewable energy delivery and provide dependable power during peak demand, creating economic benefits and jobs in the region.
This new NCEP framework offers practical strategies for states to balance reliability, affordability, and economic growth by fostering early agency collaboration, centralized data sharing, and tailored policies for large electricity consumers.
Exploring how OT networks underpin power grid reliability, and how modern IP/MPLS and optical WAN technologies help utilities overcome legacy infrastructure, cybersecurity, and latency challenges.
The final report on the April 28, 2025 Iberian Outage has dropped, and the answer to what caused this blackout is — it’s complicated.