World's Hunger For Electricity Sparks Innovation -- Market Talk

Dow Jones
01-23

1008 ET - Rising demand for electricity is fostering innovative approaches to power generation, according to ABI Research. "Agriculture, data center, construction, manufacturing and mining industries renewed their interest in novel energy approaches," Daniel Burge, a smart-energy analyst at the market-data provider, says in a report. He cites a so-called solar-grazing contract that clean-energy company Enel North America recently signed with vegetation management-services provider Texas Solar Sheep. It included using over 6,000 sheep to graze around solar panels in eight plants. He also mentions Microsoft's supply agreement with Constellation Energy--which will enable the nuclear-power operator to revive the Three Mile Island plant--and Star Catcher, a startup that plans to build an energy grid in space. (luis.garcia@wsj.com; @lhvgarcia)

(END) Dow Jones Newswires

January 23, 2025 10:08 ET (15:08 GMT)

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