Loading...
Market
Which company will secure the largest contract for new power projects by the end of 2024?
3
Resolution / Starting Odds
NextEra Energy • 25%
Duke Energy • 25%
Southern Company • 25%
Other • 25%
Official company announcements and reports from energy sector analysts
Story
US Power Plants Secure Record $14.7 Billion Payouts Amid Rising Demand and BYOP Trend
Aug 9, 2024, 01:27 PM
Power plants on the largest US electric grid have secured record payouts of $14.7 billion in an auction aimed at enhancing the system's reliability. However, experts warn that these payouts may not be sufficient to drive significant investment in new projects necessary to meet the rising demand for electricity. The US is currently grappling with increased electricity demand due to extreme weather and aging infrastructure, leading to frequent outages. The situation has led to the emergence of the 'BYOP' (Bring Your Own Power) trend among Americans, as they seek alternatives like microgrids to ensure a stable power supply.
View original story
Similar markets
NHPC Limited • 25%
SJVN Limited • 25%
Tata Power • 25%
Other • 25%
Orsted • 25%
Iberdrola • 25%
Other • 25%
None • 25%
Tesla • 25%
General Electric • 25%
Siemens • 25%
Other • 25%
Palantir • 25%
Anduril • 25%
SpaceX • 25%
Other • 25%
Tesla • 25%
ChargePoint • 25%
EVgo • 25%
Other • 25%
China National Nuclear Power • 25%
CGN Power Co. • 25%
Other Chinese companies • 25%
Foreign companies • 25%
Offshore Wind • 25%
Onshore Wind • 25%
Solar • 25%
Other • 25%
Company A • 33%
Company B • 33%
Company C • 33%
Orsted • 25%
Iberdrola • 25%
BP • 25%
Other • 25%
Solar • 25%
Wind • 25%
Hydro • 25%
Other • 25%
bp • 25%
Equinor • 25%
Another major energy company • 25%
Consortium of companies • 25%
Talen Energy gains market share • 25%
Vistra Corp. gains market share • 25%
Constellation Energy gains market share • 25%
No significant change • 25%