Hydropower

Google signs a record $3-billion hydropower deal to power AI

July 15, 2025

(Oil Price)– Google has signed a $3-billion agreement to source electricity for data centers from Brookfield Asset Management’s hydropower facilities, in the world’s largest corporate clean power deal for hydroelectricity, the asset manager said on Tuesday. The first contracts executed under the agreement to deliver up to 3 gigawatts (GW) of carbon-free hydroelectric capacity across the United States are for Brookfield’s

Droughts shrink hydropower, pose risk to global push to clean energy

August 13, 2021

Reuters SACRAMENTO, Calif./BRASILIA/SHANGHAI – Severe droughts are drying up rivers and reservoirs vital for the production of zero-emissions hydropower in several countries around the globe, in some cases leading governments to rely more heavily on fossil fuels. The emerging problems with hydropower production in places like the United States, China and Brazil represent what scientists and energy experts say is

Melting snow drives Nordic power prices down, hits earnings at renewables producer

July 17, 2020

CNBC One of Europe’s largest generators of renewable energy, Statkraft, said Friday that Nordic power prices had been “pushed down” in the second quarter due to high levels of snow melt. Announcing its results for the period, the company cited “significant hydrological surplus due to high snow reservoirs” as putting pressure on prices. In addition, issues with reduced capacity in

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

January 22, 2018

United States leans away from coal as natural gas powers up to 20 gigawatts in 2018 The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33%

Google signs a record $3-billion hydropower deal to power AI

Droughts shrink hydropower, pose risk to global push to clean energy

Melting snow drives Nordic power prices down, hits earnings at renewables producer

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

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