power

The burgeoning demand for artificial intelligence applications is sending a jolt through the energy sector, particularly benefiting independent power producers (IPPs) like Constellation Energy Corp. (NASDAQ:CEG), Vistra Corp. (NYSE:VST), and NRG Energy Inc. (NYSE:NRG). What Happened: A recent...

The U.S. faces severe heat waves, impacting areas from the Midwest into much of the Ohio Valley, Great Lakes, Northeast, and Mid-Atlantic through the next few days. According to the latest updates from the National Oceanic and Atmospheric Administration (NOAA), high temperatures and warm overnight...

Pacific Gas & Electric Co. (NYSE:PCG) is reportedly nearing a deal to sell a stake in its fleet of power plants to KKR & Co. Inc. (NYSE:KKR) in an effort to raise funds needed to upgrade infrastructure and reduce the risk of fire resulting from its power lines. The Details: According to a...

Vistra Corp (NYSE: VST) reported a third-quarter FY23 operating revenue decline of 20.6% year-over-year to $4.09 billion, missing the estimate of $4.78 million. Net income from ongoing operations stood at $519 million versus $662 million a year ago. Adjusted EBITDA from ongoing...

Tesla Inc's (NASDAQ: TSLA) Megapack is a large-scale energy storage solution designed to bolster the reliability and sustainability of power grids. Each unit boasts an energy storage capacity of 3 MWh, enough to power an average of 3,600 homes for an hour. Tesla has now secured contracts...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has again advocated for nuclear energy. In the latest tweet on Friday, Musk called for countries to increase nuclear power generation and said it is insane to shut them down.  Countries should be increasing nuclear power generation! It is insane from a...

The market is pricing in a secular decline in coal-fired and nuclear power generation, but the decline is occurring at a slower pace than investors realize — a bullish signal for Charah Solutions Inc (NYSE: CHRA), according to Stifel.  The Analyst Stifel's Michael...

Data released by the U.S. Energy Information Administration indicated impressive growth in PV installs through November 2016. Despite this, growth in U.S. solar installations may actually be cooling, Axiom's Gordon L. Johnson said in a report. According to PVInsights data for this week, average...

Imperial Capital has started coverage of Parsley Energy Inc (NYSE: PE) with an Outperform rating and $34 target price, citing the company as experiencing the highest oil growth in its peer group and one of the lowest cost structures. Furthermore, the company has prime acreage in the Midland and...

The future of U.S. energy is lining up to be a battle between shale gas and renewables, a development which might leave U.S. nuclear energy in the dark. According to Goldman Sachs analyst Michael Lapides, lower energy prices driven by the U.S. shale gas revolution is forcing the retirement of...

Canadian Solar Inc. (NASDAQ: CSIQ) shares are spiking after the company upped its Q3 guidance. According to management, the increased guidance is the result of unexpected demand in its solar module business. If the strong demand is widespread within the solar industry, it could have a large impact...

BlackRock (NYSE: BLK) is the world's largest asset manager, with a very strong franchise in bonds. So the front page advertisement on Wednesday's Wall Street Journal from BlackRock -- with the query, "Once thought safe. Now risky? Rethink your bonds" -- was an eye-catcher for investors looking...