02 February 2026
02 February 2026
The acquisition expands NRG’s demand response capabilities in key US energy markets.
Draft NEP 2026 proposes major electricity sector reforms including expansion of nuclear power, renewables integration, grid modernisation and financial sustainability to meet India’s energy and climate targets.
Investment in long-duration storage is reshaping the role of hydropower in the US electricity system, as developers prioritise grid flexibility, system resilience and renewable integration over traditional capacity expansion.
The three organisations will collaborate to expand battery storage capacity and support Europe’s net-zero energy goals.
The increased ownership enables BKV to include the JV’s financial results in its consolidated accounts.
Drax will retain all operational revenues apart from capacity market earnings.
Draft NEP 2026 proposes major electricity sector reforms including expansion of nuclear power, renewables integration, grid modernisation and financial sustainability to meet India’s energy and climate targets.
Investment in long-duration storage is reshaping the role of hydropower in the US electricity system, as developers prioritise grid flexibility, system resilience and renewable integration over traditional capacity expansion.
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