Power

Feds probe China-linked attacks on US telecom networks

Federal authorities said they are investigating China-linked attacks on U.S. telecom networks in the wake of reports that hackers conducted a broad espionage campaign, targeting senior elected officials and candidates. “After the FBI identified specific malicious activity targeting the sector, the FBI and the Cybersecurity and Infrastructure Security Agency immediately notified affected companies, rendered technical […]

Nearly 100 utilities’ credit ratings downgraded since 2020 as wildfire risks grow

Increased wildfire risk has contributed to nearly 100 utility company credit downgrades since 2020, according to a report by global consulting firm Charles River Associates. Lower credit ratings have made it more difficult for utilities to borrow money while insurance and wildfire mitigation costs have increased, the report states. These costs have largely been passed on to […]

2M customers still without power after Helene; some local grids must ‘be completely rebuilt’

About 2 million electric customers remained without power across the U.S. Southeast and Mid-Atlantic on Monday morning after Hurricane Helene devastated utility systems last week, and some areas will require a full rebuild of energy infrastructure, utilities said. The storm struck Florida as a Category 4, but only about 100,000 customers remained without power in […]

Why many environmentalists are warming to nuclear power

In 1981, young activists staged demonstrations to shut down the Diablo Canyon nuclear reactor in California to protect the environment. Forty years later, young activists staged demonstrations to save the plant to protect the environment. And while opposition persists, recent surveys indicate increasing support for nuclear power among environmentalists. As a long-time energy and environmental analyst, I know that […]
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