A powerful thunderstorm packing extreme straight-line winds slammed into central South Dakota this morning, leaving critical damage at a wind farm near Highmore in Hyde County. Storm chaser Jakob McMillin documented the scene in a widely shared post on X (formerly Twitter), showing multiple wind turbine towers collapsed or heavily damaged, with blades and structural […]
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The U.S. power grid faces a deepening equipment crisis, with power transformer lead times reaching record highs and constraining everything from routine repairs to major new infrastructure projects. According to recent industry data, standard power transformer delivery times now average 128 weeks (nearly 2.5 years), while generator step-up (GSU) transformers average 144 weeks, with some […]
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At GE Vernova’s annual shareholder meeting this week, activist investors are pressing the company for greater financial accountability on its wind power business and broader sustainability commitments. The push comes as the company’s Wind segment continues to post significant losses amid softening orders, project challenges, and shifting U.S. policy on subsidies—issues that extend beyond GE […]
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GE Vernova, the turbine supplier for the nation’s first utility-scale offshore wind project, is pushing back hard against Vineyard Wind’s assertions that its departure would cause “irreparable harm.” In an emergency motion filed this week in Suffolk County Superior Court, GE Vernova argues that the recent activation of the project’s long-term power purchase agreements (PPAs) […]
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GE Vernova (NYSE: GEV) delivered a blockbuster first-quarter 2026 performance that exceeded analyst expectations across the board, sparking a roughly 13-14% surge in its stock price. The energy technology leader reported revenue of $9.3 billion (up 16% year-over-year and 7% organically), adjusted EBITDA of $896 million (nearly doubling from the prior year, with a margin […]
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The AI-fueled data center boom is slamming into a hard reality: there simply aren’t enough transformers, switchgear, and other critical electrical equipment to bring the projects online. According to Bloomberg’s April 1, 2026 newsletter, more than half of the U.S. data centers planned for this year are now expected to be delayed or canceled — […]
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With this wild group of 7 stories, and one from CENCOM, I needed to also have a subtitle of “these three key points: “Paper vs. Physical: The Fractured Oil Market” “When Energy Meets Geopolitics: A Perfect Storm” “The Hidden Risks in America’s Power Infrastructure” No deal – The negotiation team could not agree on […]
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The backbone of America’s electricity system is under unprecedented strain. As highlighted in a widely discussed analysis by investor Felix Prehn, roughly half of the nation’s power transformers are operating well past their useful life—not merely aging, but “running on borrowed time.” JP Morgan has flagged the U.S. power grid itself as a national security […]
Continue ReadingAs we step into 2026, the energy landscape is poised for significant shifts driven by geopolitical tensions, technological advancements, and policy changes. For consumers, rising costs in electricity, gasoline, and diesel remain a pressing concern, often varying starkly along political lines in the U.S. Investors, meanwhile, can find opportunities in resilient sectors like shale oil, […]
Continue ReadingWeekly Daily Standup Top Stories U.S. Drilling Programs Are Resilient, but It Depends on the Location November 6, 2025 Clark Savage In the ever-volatile world of energy markets, U.S. oil and gas producers are demonstrating remarkable staying power amid oil prices hovering around $60 per barrel—a level that’s uncomfortably close to breakeven for many operations. Yet, […] […]
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