GenXT Power

Thursday, 14 November 2024 05:10 PM Northland Powers third-quarter 2024 results showed a decrease in electricity production and sales, mainly due to export cable damage at Gemini and higher unpaid curtailments. However, onshore renewable facilities saw a 20% increase in electricity production. I think this highlights the challenges and opportunities in renewable energy.

Wednesday, 16 October 2024 06:42 PM Ontarios electricity demand is expected to rise by 75% by 2035, driven by EV manufacturing and AI data centers. This surge will significantly impact the grid, with industrial demand increasing by 58%. I believe this growth underscores the need for robust and sustainable energy solutions.

Tuesday, 10 September 2024 08:20 AM In 2024, advanced nuclear technologies like small modular reactors and thorium reactors are gaining traction. These technologies offer enhanced safety and reduced waste. I think these advancements are crucial for a sustainable energy future.

Tuesday, 10 September 2024 08:02 AM At RE+ 2024, GE Vernova launched a 5MWh containerised battery energy storage system, and FlexGen introduced a US-made battery management system. These innovations are key for integrating renewable energy into the grid. I believe these developments will significantly enhance energy storage efficiency.