It’s Tuesday. There is a power plant in Singapore that nobody needs to board. It runs from an office on shore, and the grid cannot tell the difference.
In today’s edition:
🔋 Big Story: a floating power platform that runs itself from shore
⚡ Quick Hits: US LFP cells, perovskite coatings, China passes France
💰 Capital Stack: DOE’s $289B lending machine picks its lanes
📋 Policy Watch: Virginia groundwater and a Slovenian storage subsidy
📊 Chart of the Day: ERCOT’s new 91 GW ceiling
But first…
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The Big Story
Seatrium’s remotely run floating platform exports power to Singapore’s grid.
Seatrium, the Singapore offshore and marine engineering group formed in 2023 from the Sembcorp Marine and Keppel Offshore & Marine merger, delivered the first power from its Floating Living Lab into Singapore’s national grid on July 3, in what POWER Magazine reported Monday is a world first for a remotely operated, grid-connected floating distributed energy resource. The platform pairs LNG-fired gas engines with a stacked battery system co-developed with Singapore’s Energy Market Authority, dispatched from an operations center on shore. Surplus export is modest, roughly the monthly consumption of 1,500 four-room public housing flats, so the milestone is the asset class rather than the megawatts.
Critically, this milestone validates how a floating energy asset can generate, store, manage, and export power to the grid, while being remotely monitored and operated from shore.
The Floating Living Lab is the first floating asset to carry the American Bureau of Shipping’s Remote-CON notation for a distributed energy resource platform, and its shore-side operations center was engineered against DNV’s assurance frameworks.
Those credentials address the two regulatory gaps that have slowed floating power projects: marine classification of a combined generation and storage asset, and the safety case for dispatching it unmanned from land.
The Energy Market Authority describes the onboard battery stack as a testbed for validating emerging energy technologies in real-world conditions.
Seatrium says the platform underwrites a power-as-a-service model, where hosts contract for electricity and grid services instead of owning generation.
Source: POWER Magazine
Quick Hits
Small bites from across the grid.
Four stories from across the stack, from an American LFP line to a reactor fleet quietly overtaking France.
Samsung SDI said its US LFP cell production remains on track and expects domestic BESS cell demand to outstrip what it can build from 2028 onward. Energy-Storage.news
Tandem PV acquired transparent conductive coating specialist nexTC, bringing a critical step in perovskite tandem module manufacturing in house. pv magazine USA
China exported first power from Changjiang 3 on August 1 and finished commissioning Taipingling 2 on August 3, lifting installed nuclear capacity to 63.98 GWe and past France for the first time. World Nuclear News
NV Energy filed suit against data center land developer Tract over who pays for interconnection-driven infrastructure in Nevada, a live test of large-load cost allocation. Tract denies the allegations. Data Center Dynamics
The Capital Stack
DOE’s lending arm picks its lanes: baseload, transmission, and nuclear.
The Department of Energy’s Office of Energy Dominance Financing holds more than $289 billion in loan authority and has deployed about $30 billion to utilities, including up to $3.26 billion to AEP Texas for roughly 2,800 miles of transmission, according to POWER Magazine. Over the same first year it restructured or cancelled $83 billion in commitments made under the previous administration. For anyone modeling where federal energy capital lands, $30 billion out to utilities against $83 billion pulled back is the map.
Source: POWER Magazine
Also in the capital stack:
Goldman Sachs Alternatives agreed to acquire RWE’s US distributed energy business, moving a large C&I DER platform onto an infrastructure balance sheet. pv magazine USA
Policy Watch
Virginia state senators Stuart and Perry asked the governor to call a special session on data center groundwater strain, according to Data Center Dynamics, putting water alongside power as a siting constraint in the largest US data center market. Data Center Dynamics
The European Commission approved a state aid scheme, reported at about EUR 59 million, to underwrite 370 MWh of battery storage in Slovenia, a reminder that subsidy still drives storage buildout in smaller EU markets. Energy-Storage.news
Chart of the Day:
ERCOT’s peak load resets the ceiling at 91.1 GW.
ERCOT hourly peak load hit a record 91.1 GW on July 22, 6% above the 85.5 GW peak set in August 2023. It landed at 6 p.m. Central, met primarily by gas at 48% and solar at 32%.
Source: EIA Today in Energy · August 3, 2026
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