JCP&L needs to concentrate ‘less on profits,’ officials in N.J. county say

Jersey Central Power & Light (JCP&L) must improve its reliability in order to help ease the burden of soaring electric bills and prevent nagging outages, Ocean County officials said.

The company, one of New Jersey’s four public electricity providers, is facing new pressure from county leaders to implement projects and maintenance amid concerns of growing energy costs.

“JCP&L needs to concentrate less on profits and more on serving its customers,” Ocean County Commissioner Deputy Director Frank Sadeghi said in a statement.

“That means upgrading the infrastructure, trimming trees to prevent falling limbs from taking down power lines, and moving more lines underground where they will be protected from storms and high winds,” he added.

JCP&L did not immediately return a request to comment.

JCP&L, a subsidiary of First Energy Corp., splits the supply of power to Ocean County with Atlantic City Electric, according to the coverage map.

The added pressure on utility companies comes amid an ongoing debate about costly electric bills in New Jersey. Energy policies to alleviate the problem have been in the spotlight in the run up to November’s gubernatorial election.

In June, when increases began for all of New Jersey’s 3.9 million public ratepayers, JCP&L customers saw their average monthly bills increase by $23, or about 20%, Ocean County officials said. Average bills increased from $112 a month to more than $134 a month.

Sadeghi said those increases could be consequential for his constituents, influencing them to cover utility costs over other necessities.

“Too many of our residents are already struggling to make ends meet,” Sadeghi said in a statement. “When utility bills go up by this much, families may have to decide between keeping the lights on, buying food, or paying for medicine. That is simply unacceptable.”

The Ocean County Commissioners Board on Thursday also urged JCP&L to finish upgrades to its grid, claiming there have been lengthy delays. The commissioners argued delays leave customers vulnerable if a major storm ravages sensitive areas, including Jersey Shore towns.

“We all remember Superstorm Sandy,” Sadeghi said. “Ocean County experienced widespread outages then, and the same thing will happen again if a hurricane strikes and JCP&L is not better prepared. We cannot allow history to repeat itself.”

Hundreds of millions of dollars in state relief for energy costs are expected to hit New Jerseyans’ electric bills within weeks after the state’s Board of Public Utilities approved a massive effort to defray energy bills. Through separate payments, all of New Jersey’s public electricity customers should receive a $100 subsidy ordered by Gov. Phil Murphy’s administration. Some customers will see up to $275 in relief.

Eni announces start-up of Agogo Integrated West Hub offshore Angola

San Donato M.se (Milan), 1 august 2025 - Eni announces the start of production from the Agogo Integrated West Hub (Agogo IWH) development project, operated by Azule Energy in block 15/06 in the lower Congo Basin, offshore Angola.

Agogo IWH involves the full field development phase of two fields, Agogo and Ndungu, with combined reserves of approximately 450 million barrels and an expected peak production of approximately 180 Kbopd. The beginning of production was achieved thanks to the successful start-up of the Agogo FPSO, which takes place after only 29 months from FID, significantly ahead of plan and around 12 months faster than industry average for deepwater projects of similar scale, whilst maintaining constant focus on safety.

The development of Agogo and Ndungu, which was initiated by Eni before establishing Azule Energy, fully reflects and exemplifies Eni’s Low Carbon, Fast Track development model, aimed at maximizing value whilst minimizing time-to-market, subsurface risks and carbon emissions.

The model leverages Eni’s Developing while Appraising phased approach where fields are initially put into production through the exploitation of early phases, which allows to de-risk full field development. In particular, Agogo phase 1 was started up in 2020 with a record time-to-market for deepwater developments, only 9 months after discovery.  

Also, this model leverages in-house engineering capabilities and computational power, which allow parallelization of subsurface studies, engineering and procurement during front end loading, and foster a strong grip on the execution phase.

Agogo FPSO integrates a variety of best-in-class and innovative technologies aimed at minimizing GHG emissions including full electric topside and marine systems and the first offshore combined cycle power generation system of this size. A pioneering pilot Carbon Capture and Storage (CCS) unit is also installed onboard the FPSO. Agogo is the first FPSO in Angola where operational carbon emissions are fully offset.

Agogo IWH project is operated by Azule Energy, a bp and Eni company, with a 36.84% stake alongside partners Sonangol E&P (36.84%) and Sinopec International (26.32%).

Rising component prices and supply chain pressures are hindering the development of transmission grid infrastructure

Global grid expansion is struggling to keep pace with surging demand for electricity as procurement lead times and costs for essential parts have nearly doubled since 2021

Efforts to expand and modernise electricity transmission grids around the world face mounting challenges as supply chain bottlenecks intensify, according to an IEA report. Prices and procurement times for essential components like power transformers and cables have almost doubled in four years, creating significant hurdles for grid developers.

The report, Building the Future Transmission Grid: Strategies to Navigate Supply Chain Challenges, highlights that developing transmission infrastructure is essential for energy security and reliable electricity delivery. The supply chain challenges facing the sector come as the world moves toward the Age of Electricity, with global power consumption set to increase strongly in the years ahead. This trend results from the growing electrification of industrial activity; rising use of air conditioning, appliances, electric vehicles and heat pumps; and the expansion of data centres to support the rapid development of artificial intelligence.

While permitting remains the primary cause of delays in transmission projects, particularly in advanced economies, supply chain issues have emerged as a critical limitation. An IEA survey of industry leaders found that procurement now takes two to three years for cables and up to four years for large power transformers – twice as long as in 2021. Specialised components face even longer delays, with lead times for direct current cables – often used for long-distance transmission – extending beyond five years. The price increases for components are equally concerning. In real terms, cable costs have nearly doubled since 2019 while power transformer prices have increased by around 75%.

Competing demand from grid expansion projects that are underway simultaneously across multiple regions is exacerbating the bottlenecks. The increased development of offshore wind power projects has further increased demand for specialised high-voltage subsea cables, putting additional pressure on already strained supply chains.

The report shows that manufacturers are responding with plans and investments to increase production capacity, but these expansions will take time to implement, and uncertainty remains regarding future demand levels and the availability of skilled workers. The report finds that around 8 million people worldwide are currently employed in constructing, maintaining and operating grids, and this workforce will need to grow by at least 1.5 million by 2030 to meet projected demand.

Supply chain constraints come at a particularly challenging time, with more than 1,600 gigawatts of solar and wind projects in advanced development stages awaiting grid connections. The report notes that while global investment in power transmission grew by 10% in 2023 to reach $140 billion, this figure would need to exceed $200 billion annually by the mid-2030s to meet rising electricity demand.

Timely investment in the supply chain requires confidence among manufacturers on the level of future demand for networks and components. To this end, the IEA recommends enhancing the visibility of future infrastructure needs via transparent and credible advance planning, encouraging proactive grid investment, designing effective procurement frameworks, and ensuring a skilled workforce across the sector. Additional recommendations include streamlining permitting processes, optimising the use of existing grid infrastructure through digital technologies, and measures by policymakers to encourage greater diversity and resilience in supply chains.

The report emphasises that coordinated efforts across the entire supply chain will be essential to overcome these bottlenecks and enable reliable power system development for the future.

As energy and AI links grow, new IEA observatory provides latest data and analysis

First-of-its-kind platform will feature up-to-date information on energy demand from data centres and how artificial intelligence is optimising energy sector

As artificial intelligence boosts global electricity demand from data centres and increasingly transforms how the energy sector works, the IEA has launched a new Energy and AI Observatory to closely monitor and analyse the interconnections between the energy sector and this fast-evolving technology.

The Observatory includes new interactive tools to explore data centre electricity consumption and digital infrastructure by region, helping visualise these valuable datasets and ensure they are accessible to a wide range of stakeholders. It also features 20 case studies that show how AI is being deployed across the energy sector, following a public call for submissions that showcase current best practices.

Its release follows the publication in April of a groundbreaking IEA special report, Energy and AI, which offers the most comprehensive global analysis on this topic to date. Drawing on new datasets and extensive consultation with policy makers, the tech sector, the energy industry and international experts, it finds that the impact of AI on the energy landscape could be transformative: Electricity demand from AI-optimised data centres is projected to more than quadruple by 2030; at the same time, AI is already being deployed in the energy industry, unlocking opportunities to cut costs, enhance competitiveness and reduce emissions. 

The Observatory was first announced by IEA Executive Director Fatih Birol at the AI Action Summit hosted by French President Emmanuel Macron and Indian Prime Minister Narendra Modi in February 2025. It aims to inform national and international policymaking on energy and AI topics, including ongoing dialogues between government and industry organised by Canada’s G7 Presidency.

“The IEA is at the forefront of efforts to understand and manage the significant links between energy and artificial intelligence, which is quickly emerging as one of the most important technologies of our time,” Dr Birol said today. “Building on our recent major report on this subject, this new Energy and AI Observatory – developed in consultation with a wide range of partners – underscores our commitment to supporting decision makers around the world as they plan for the future. Reliable data and analysis are the cornerstone of navigating this fast-moving space.”

The case studies in the Observatory highlight a wide range of AI applications currently in use by energy producers and consumers around the world. For example, schools in Stockholm, Sweden, and a major campus in Pune, India, are reducing energy use by leveraging AI to optimise heating, ventilation and cooling systems, while steel and cement plants in Czechia, Spain and United States are utilising AI to make gas consumption more efficient and increase the use of waste heat.

The Observatory is part of the IEA’s expanding work on the linkages between energy and AI. In December 2024, the Agency also hosted the Global Conference on Energy and AI, the largest conference on this topic to date. It will continue to convene leaders and produce new analysis on this critical subject.

EirGrid to conduct marine and coastal surveys as it progresses offshore wind plans on Ireland’s south coast

EirGrid, the operator and developer of Ireland's electricity grid, will begin marine and coastal surveys in the coming weeks across Ireland’s south coast. 

The surveys will be conducted by Fugro, who were awarded a significant marine survey contract under EirGrid’s Offshore Marine Survey Framework. Following the successful application of EirGrid’s maritime usage licence from MARA, the Maritime Area Regulatory Authority, the surveys will commence in July 2025 and are expected to be completed by September 2025.  

These surveys will enable progress on EirGrid’s Powering Up Offshore - South Coast project, which aims to deliver the grid transmission infrastructure needed to connect 900 MW of offshore wind generation to onshore grid connection points along Ireland’s south coast.  

Fugro will perform comprehensive geophysical, geotechnical, environmental and metocean surveys within Maritime Area A, or Tonn Nua of the Irish Government’s South Coast Designated Maritime Area Plan (SC-DMAP), as well as intertidal non-intrusive landfall investigations involving geophysical and environmental surveys.  

Some of the landfall surveys are on private lands, however surveys are also scheduled on public beaches at potential landfall locations. The beaches where non-intrusive surveys will take place are Ballycroneen and Ballycrenane in County Cork and Carnivan, Long Gap and Blackhall Beach in County Wexford. EirGrid are engaging with councils, local communities, and landowners in relation to these works.  

Ahead of the beginning of the survey works, Chief Transformation and Technology Officer at EirGrid Liam Ryan said: “These surveys are key for assessing seabed conditions, soil properties, and environmental impacts across the landfall, intertidal, nearshore, and offshore zones related to cable corridors for the project.

"The insights gained as a result of this work will play a key role in informing plans for the installation of the transmission infrastructure for offshore wind energy and will guide how EirGrid progress the project in a way that is best for our marine ecosystem and local communities."

Amprion starts investigations for laying submarine cables in the coastal sea

Starting July 16, Amprion will be investigating the subsoil in areas of the coastal waters near the island of Langeoog. The project will determine the seabed properties for the submarine cable installation of the first offshore grid connection systems for the Windader West project. The surveying office Weigt and Wilhelm Soltau GmbH are conducting the survey.

For the offshore grid connection systems of Windader West, Amprion plans to lay cables in the Exclusive Economic Zone, in the coastal waters of Lower Saxony, and onshore between the coast and the grid connection points in North Rhine-Westphalia. The first seabed surveys for the submarine cable laying will begin on July 16, 2025, in the Wadden Sea area between Neuharlingersiel and Langeoog, as well as north of the island. The surveys will be completed in October 2025.

Gentle Examinations with the Latest Technology

The comprehensive geophysical and geotechnical investigations of the seabed in the route corridor are important for planning the safe and environmentally friendly installation of the future offshore grid connection systems. Based on the investigation results, installation procedures and equipment deployment can be optimally planned to minimize structural impact on the natural environment.

Innovative technologies such as drones and underwater sensors enable precise surveys of the seabed and subsurface without causing significant disruption or noise pollution. Ship-based surveys also include core drilling and pressure sounding at selected locations.

These investigations are essential to obtain reliable information about the subsurface conditions for the future route of the cable systems. The measures were specifically tailored to the sensitive Wadden Sea habitat.

The Windader West

Windader West is the name of four offshore grid connection systems that will feed North Sea wind power into the transmission grid. Amprion is laying direct current cables for the four systems on the high seas, in the Lower Saxony Wadden Sea, and on the mainland between the North Sea coast and the respective grid connection points in North Rhine-Westphalia. Each system has a capacity of 2,000 megawatts, which together can meet the offshore wind energy needs of approximately eight million people. The grid connection systems will go into operation in the mid-2030s.

Kem One and EDF Sign a Memorandum of Understanding for a 10-Year Electricity Supply Contract

Paolo Barbieri, CEO of Kem One, and Marc Benayoun, Électricité de France (EDF) Group Executive Vice President in charge of the Customers, Services and Territories Division, signed on July 16, 2025, a memorandum of understanding outlining the principles of a 10-year electricity supply contract for Kem One’s seven industrial sites in France, located in Fos-sur-Mer, Lavera, Balan, Berre, Saint-Fons, Saint-Auban, and Vauvert.

According to the terms of the memorandum, Kem One and EDF plan to enter into a contract to supply part of Kem One’s electricity needs. The agreement includes balanced mechanisms for sharing risks and benefits between the two parties.

This contract, which is part of EDF’s commercial strategy to support industrial clients over the long term, is expected to be signed by the end of September 2025, with the first electricity delivery scheduled for January 1, 2026.

Paolo Barbieri, CEO of Kem One, stated: "This memorandum of understanding with EDF marks a decisive step toward strengthening the competitiveness and sustainability of our industrial sites. In a particularly challenging context for the chemical industry, having long-term visibility on our electricity costs is a strategic lever to ensure the continuity of our operations. Resulting from constructive dialogue and several months of collaborative work, this agreement will reinforce our local presence by securing the energy supply essential to our industrial processes. We thank EDF for its commitment to this structuring initiative, which supports the future of our sites and the development of our entire sector."

Marc Benayoun, EDF Group Executive Vice President in charge of the Customers, Services and Territories Division said: "The signing of this memorandum of understanding provides the visibility and stability Kem One needs to continue and expand its activities in France and Europe. It is another example of EDF’s commitment to supporting industrial players by providing reliable, low-carbon, and competitive electricity that promotes the country’s energy and industrial sovereignty."

About EDF

The EDF Group is a key player in the energy transition, as an integrated energy operator engaged in all aspects of the energy business: power generation, distribution, trading, energy sales and energy services. The Group is a world leader in low-carbon energy, with an output of 520TWh 94% decarbonised and a carbon intensity of 30gCO2/kWh, a diverse generation mix based mainly on nuclear and renewable energy (including hydropower). It is also investing in new technologies to support the energy transition. EDF’s raison d’être is to build a net zero energy future with electricity and innovative solutions and services, to help save the planet and drive well-being and economic development. The Group supplies energy and services to approximately 41.5 million customers and generated consolidated sales of €118.7 billion in 2024.

From cables to transformers, E.ON strengthens energy transition in Germany with billions in investments

2025/07/15 - Through a comprehensive procurement initiative, E.ON is ensuring the progress of the energy transition in Germany for this decade and beyond. To this end, long-term contracts have been concluded with German and European manufacturers for core components to expand and modernize the grid infrastructure. The procurement volume for transformers, switchgear and local network stations as well as medium- and low-voltage cables reaches a total of more than six billion euros.

The scope of the procurement includes, among other things, more than 100,000 kilometers of medium- and low-voltage cables, several 10,000 digital local network stations, more than 500 medium-voltage circuit breaker systems for substations, and around 29,000 distribution and power transformers. By integrating these components into the German distribution grid, E.ON is enabling the connection of numerous wind and solar farms, the further ramp-up of electromobility and heat pumps, as well as battery storage systems and data centers.

Thomas König, Chief Operating Officer Networks in the Management Board of E.ON, emphasizes: ”Massive investments and at the same time consistent standardization and digitization are our central contribution as a grid operator to advance the energy transition in Germany and make it economical. Our long-term procurement strategy is an important part of our commitment to being a playmaker in the energy transition. In the long term, however, we can only make this contribution if the regulatory framework conditions are right.”

Focus on standardization and digitization

A central part of the procurement initiative is the standardization of components. The reduction of technical variants improves the planning and the production processes for manufacturers. In addition, there will be an overall acceleration of grid expansion and modernization. E.ON is thus taking on a pioneering role and paving the way for potential industry standards.

With its stable supply chain, E.ON is also striving for further digitization of its grid and system landscape. In addition to constructing digital local network stations, E.ON will standardize the control systems of its distribution system operators in Germany by 2029. The decentralized energy system of the future requires a new form of grid control that is based even more on real-time data. Digital components ensure reliable grid operation at all grid levels, even with a sharp increase in decentralized feed-in and new consumers.

European value creation ensures affordability and jobs

The procurement initiative makes an important contribution to limiting the costs of the energy transition. This includes a high procurement volume, joint process optimization, the standardization of components and long-term contracts. The newly concluded contracts provide manufacturers with the security they need to plan production and investments, for example in new plants or production lines. Most of the components are produced in Germany and other European countries, which secures and creates new jobs in the supplier industry.

Strategic partnerships for investments

The initiative is based on a new procurement strategy by E.ON for core grid expansion components. In partnership with suppliers, E.ON developed solutions and optimized procurement and processes. The contracts with the suppliers have been designed flexibly to allow for regular product development and the adaption of technical innovations at any time.

Con Edison to Report 2nd Quarter 2025 Earnings on August 7

NEW YORK - Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 2nd Quarter 2025 earnings on August 7, 2025, after the market closes.

Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $15 billion in annual revenues for the year-ended December 31, 2024 and $71 billion in assets as of March 31, 2025. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc., a regulated utility providing electric service in New York City and New York’s Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,300-square-mile area in southeastern New York State and northern New Jersey; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission, invests in electric transmission projects and manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects.

Uniper sells its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA

Uniper sells its 18.26% shareholding stake in AS Latvijas Gaze to Energy Investments SIA.

The sale of this non-strategic minority equity participation in AS Latvijas Gaze (https://lg.lv) is part of the conditions that Uniper must fulfill under EU state aid law. On 20 December 2022, the EU Commission approved the stabilization package for Uniper under EU state aid law. As part of the approval, the EU Commission defined a series of structural remedies that Uniper must fulfill.

About Uniper

Düsseldorf-based Uniper is a European energy company with global reach and activities in more than 40 countries. With around 7,500 employees, the company makes an important contribution to security of supply in Europe, particularly in its core markets of Germany, the UK, Sweden, and the Netherlands. Uniper’s operations include power generation in Europe, global energy trading, and a broad gas portfolio. Uniper procures gas – including liquefied natural gas (LNG) – and other energy sources on global markets. The company owns and operates gas storage facilities with a total capacity of more than 7 billion cubic meters.  

Uniper aims to be carbon-neutral by 2040. To achieve this, the company is transforming its power plants and facilities and investing in flexible, dispatchable power generation units. Uniper is one of Europe’s largest operators of hydropower plants and is helping further expand solar and wind power, which are essential for a more sustainable and secure future. Uniper is gradually adding renewable and low-carbon gases such as biomethane to its gas portfolio and is developing a hydrogen portfolio with the aim of a long-term transition. The company plans to offset any remaining CO2 emissions by high-quality CO2-offsets.  

Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.