Tag: Iowa

DOE Closes $5.1 Billion Loan for Alliant Energy: Adding Firm Power, Cutting Costs, and Strengthening the Grid in Iowa and Wisconsin

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On October 28, 2026, the U.S. Department of Energy’s Office of Energy Dominance Financing closed a $5.1 billion, 30-year loan package to Alliant Energy subsidiaries serving Iowa and Wisconsin. The financing supports new natural gas generation, energy storage, and upgrades that will add more than 2.6 GW of firm or upgraded capacity—enough to power the […]

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Fossil Fuels Will Power the AI Revolution, Saudi Aramco CEO Says – So we ask, who do you invest?

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In a bold assertion that underscores the ongoing tension between global energy transitions and surging technological demands, Saudi Aramco CEO Amin Nasser declared that fossil fuels, rather than renewables, will be the primary force driving the electricity surge needed for artificial intelligence (AI) and electric vehicles (EVs). Speaking at an industry conference on October 13, […]

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