With electricity demand expected to surge by 26 GW by 2035, the Tennessee Valley Authority (TVA) has positioned itself at the forefront of U.S. small modular reactor (SMR) development, filing a permit application to build the country’s first commercial-scale SMR at its Clinch River site in Oak Ridge, Tennessee.
Intersect Power has secured $837 million to develop 1 GWh of battery energy storage systems (BESS) in Texas—an award-winning transaction that signals how utility-scale storage is evolving to serve not only grid stability but also the growing energy demands of artificial intelligence infrastructure.
BP has exited its joint development of the 250MW H2-Fifty project in the Port of Rotterdam—a decision that signals both strategic recalibration and the financial headwinds confronting early-stage electrolytic hydrogen ventures. HyCC, BP’s former partner, will instead pursue a similarly sized standalone project, H2Next, shifting timelines and partnerships but retaining ambition in Europe’s largest port.
Solar-powered hydrogen production has long promised zero-emissions fuel from abundant sunlight and water, but the pathway to commercialization remains obstructed by slow, costly manufacturing processes.
A global dataset of 5,360 large infrastructure projects reveals that virtually no energy sector escapes budgetary slippage—but nuclear infrastructure stands out as the most financially volatile.
Sarawak is positioning itself as a future exporter, yet the state’s hydrogen ambitions remain constrained by structural and economic hurdles. Despite policy alignment and hydropower advantages, short-term investor caution and skill shortages continue to inhibit momentum.
The detection of hydrogen concentrations exceeding 96% and helium up to 5% in mud gas samples from HyTerra’s recently drilled Sue Duroche 3 well marks a notable development for natural hydrogen exploration in North America.
Norwegian Hydrogen has secured dual public backing for its green hydrogen facility in Rjukan, Norway, with €13.2 million offered by the EU Hydrogen Bank and NOK 100 million in combined grants and loans from Innovation Norway.
