Google and Voltus have expanded their agreement to build a 1GW virtual power plant (VPP) in the PJM grid region, which covers 13 U.S. states and Washington, D.C. The capacity is nearly tenfold the 100MW deal signed in June 2026. Voltus will aggregate capacity from local businesses and households, combining batteries, smart thermostats and industrial flexibility, with the VPP funded by Google. The aim is to strengthen grid reliability during high demand, and participants are expected to receive benefits such as potential bill savings and direct payments. The companies say this is one of the largest distributed energy portfolios managed by a hyperscale company in the region to date, and PJM serves around 67 million people.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Open a keyword to see other news on the same topic.
Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/22/2026 | 324.22 |
| Change that session | -3.15% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- U.S. Power Demand Is Set to Jump 20% by 2030. Here's What It Means for Energy Stocks.
Rabobank research projects U.S. power consumption could climb 20% by 2030, after two decades of sluggish growth of around 0.5% a year. Drivers include AI hyperscalers, electrification such as electric vehicles, and reindustrialization of manufacturing. The article covers three groups that could benefit: regulated utilities such as Dominion Energy, Southern Company and American Electric Power; independent power producers such as Constellation, Vistra and Talen, which have long-term agreements with hyperscalers; and equipment makers such as GE Vernova, with a backlog of over $176 billion, and Bloom Energy. It also notes that Constellation and Vistra are down 30% and 22% over the past year.
- Fusion startup Helion is developing new semiconductors that could double output of its power plants
Fusion startup Helion has received a $175 million federal award under the CHIPS Act from the Department of Commerce to research and manufacture advanced semiconductors and power electronics for its fusion plants. Such devices currently lose about 5% to 10% of the electricity passing through them, and CEO David Kirtley said halving that loss would double the fusion system's power output. The funding will support a new production line in Washington State and R&D with GlobalFoundries in Vermont, while Helion races to finish its Orion plant for a 2028 power deal with Microsoft. Kirtley acknowledged the R&D will not reach Orion in time but should improve later plants, and the company also announced a $50 million private investment, bringing total funding to more than $3.2 billion.
- Russia refuses to buy Chinese electricity despite delays in building Far East hydropower plants
Russian Deputy Energy Minister Pyotr Konyushenko told TASS that Russia has no plans to buy electricity from China. He said reverse power flow from China is not on the agenda and that the ministry considers such supply unfeasible, though it is technically possible since cross-border lines currently mainly carry power from Russia’s Far East to northeast China. Even if delays to Far East hydropower plants leave the region short of energy, he insisted Russia will solve the problem itself.
- Constellation Energy (CEG) Signs Google Nuclear Deal, Is It Still Undervalued?
Constellation Energy (CEG) signed a 20-year nuclear power purchase agreement with Alphabet's Google, supplying carbon-free electricity for energy-intensive data centers. The stock rose 4.6% in one day to $270.74, though it is down 26.08% year to date and 22.23% over one year, while its 3-year total shareholder return is up 146.36%. The most followed narrative puts fair value at $350, implying the stock is 22.6% undervalued. However, the current P/E of 27.7x is above the US Electric Utilities industry at 20.3x and a 20x peer average, and just below a 29.7x fair ratio. The article also flags risks such as uprate projects running over budget or regulators capping returns on long-dated nuclear contracts.
- Google Partners With Xcel Energy To Fuel New AI Data Center With Clean Power
Alphabet has proposed a deal with Xcel Energy to power a planned 780-megawatt AI data center in Pine Island, Minnesota, a town of about 4,000 people. Google would help pay for new power supply on Xcel's grid, which includes 1,400 megawatts of wind, 200 megawatts of solar and 300 megawatts of battery storage. Under the deal, Google would pay for at least 75% of its contracted capacity even if it uses less, and could owe up to eight years of minimum charges if it ends the deal early; the deal still needs approval from the Minnesota Public Utilities Commission. The article cites a Gallup survey in which 71% of Americans oppose a data center in their local area, with energy use a top concern, while Google aims to run on carbon-free energy around the clock by 2030.
- Alphabet (GOOGL) Pushes Into Carbon Removal Power Markets And Quantum AI
Alphabet (NasdaqGS: GOOGL) announced new carbon-removal commitments with McKinsey, extending its climate initiatives beyond internal operations. Google launched a virtual power plant initiative that aggregates distributed energy resources to participate in grid-scale power markets. Its Quantum AI group reported a computing breakthrough that management sees as a step toward more practical quantum systems. The article argues these moves tie Alphabet’s power supply, sustainability credentials and next-generation compute to AI workloads, but execution risks remain, including capital intensity, regulatory scrutiny and free cash flow pressure as it competes with Microsoft and Amazon Web Services.
Related markets
Latest news
- Hanoi: Court urges former SeABank Hai Ba Trung director to surrender before in-absentia trial
The Hanoi People’s Court plans to try two fugitive defendants in absentia on 9 November: Nguyễn Thị Hương Giang (former director of SeABank’s Hai Bà Trưng branch) and Lê Anh Tâm (former director of An Việt Úc Company). They are charged with fraudulent appropriation of assets and violating lending rules of credit institutions. The indictment says Giang directed staff to create fake credit files, enabling Nguyễn Hoàng Long and accomplices to borrow 29.5 billion dong, of which over 14.2 billion dong was misappropriated, even though no steel stored in the warehouse actually existed. Tâm, Long’s brother-in-law, allegedly signed fake sales contracts, valuation minutes and collateral contracts to support the loans. The court urges both defendants to surrender so they can attend the trial, exercise their right to self-defence and be eligible for leniency.
- VN-Index gains over 68 points last week, with VIC contributing nearly 37 points
In the week of 19–23/10, the VN-Index recovered nearly 4%, or over 68 points, mainly because the last three sessions lifted the index from around 1,690 points to above 1,774 points. VIC was the biggest driver, contributing about 36.7 points as its share price rose from 215,000 dong to 236,500 dong and hit the ceiling price on 21/10; VHM and VPL added 6.2 and 2.8 points. Most sectors gained, led by real estate at 7.6%, while health care fell 0.4% and information technology dropped 1.23%. The HNX-Index also rose about 1.4%, or 3.6 points, closing at 262.7, with NVB contributing the most at 1.3 points.
- Interest rates on 24/10 at Agribank, Vietcombank, BIDV, VietinBank, MB, VPBank, Techcombank, Sacombank, HDBank, ...
An online survey of deposit rates at 35 banks on 24/10/2026 shows 12-month rates ranging from 3.7% to 7% per year. Sacombank, PGBank, VCBNeo, MBV and VIB all list the highest rate of 7% per year, while the Big 4 banks Agribank, BIDV, Vietcombank and VietinBank stay at 6.8%. For the 18-month term, VPBank leads at 7.4% per year, and for the 6-month term PGBank tops the list at 6.9%. On a 100 million VND deposit held for 12 months without early withdrawal, simple interest at 7% per year comes to about 7 million VND, versus about 3.7 million VND at 3.7%.
- The Puzzle Pieces for a Stock Market Crash Are Taking Shape, With 4 Historically Flawless Indicators Now Sounding the Alarm
Four years into the current bull market, which began after the 2022 bear market ended, the S&P 500 and Nasdaq Composite have more than doubled and the Dow Jones has risen 84%, driven by AI infrastructure spending and record share buybacks. The article argues valuations are historically stretched: the Shiller P/E topped 41 as of Oct. 21, the second-priciest level in history, versus a 156-year average of 17.44. Since January 1871, the CAPE Ratio has exceeded 30 during a continuous bull market only six times, and the previous five were followed by declines of 20% to 89% in one or more major indexes. Outstanding margin debt hit a record $1.502 trillion in June 2026, up 77% since April 2025; after the three earlier surges of this kind peaked, the S&P 500 fell 49%, 57% and 25%. The article also notes that investors have historically overestimated how fast next-big-thing technologies get adopted.
- Micron vs. Sandisk: Which Is the Better AI Memory Stock to Own for the Next 3 Years
Micron and Sandisk have both surged in 2026 on demand for memory chips in AI data centers, with Micron up 220% and Sandisk up 480% as of writing. The article argues Micron has the edge because it sells both DRAM and NAND flash, while Sandisk is a pure-play NAND flash maker; DRAM generated 73% of Micron's revenue last quarter, almost $40 billion, driven by fast-growing HBM demand. It cites expectations that NAND flash will stay undersupplied over the next three years, and notes Micron has raised HBM pricing significantly for 2027. According to Counterpoint Research, Micron holds 15% of the NAND flash market versus Sandisk's 11%, and 24% of the DRAM market. The author considers Micron the more attractively valued stock, and analysts expect its earnings per share to grow faster than Sandisk's over the long run.
- Dave Ramsey Calls 2026 Crash Predictions “Freaking Asinine.” Here’s What the Data Says.
Dave Ramsey told listener Mark from Arizona on The Ramsey Show on October 16, 2026 that predicting stocks will halve in 2026 while company profits stay the same is 'freaking asinine'. The article agrees that staying invested is correct but says the halving claim exaggerates the case, since prices can fall sharply on fear even when profits hold, while long-run returns follow earnings. It cites SPY's 255% gain over 10 years and 12% so far in 2026, the VIX rising from 15 to 19, and real GDP growth of 2% annualized. The real risk depends on when withdrawals start: a retiree pulling $20,000 from a $400,000 portfolio would see the withdrawal rate rise from 5% to about 7% after a 30% drop, forcing sales at low prices. The article suggests money needed within about five years belongs in cash or bonds, and that savers compare their mix with a target-date fund for their retirement year.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.