Energy Briefs: Offshore Wind Ruling and Global Energy Shifts
A federal judge ruled Monday that a nearly complete offshore wind project halted by the Trump administration can move forward. This Energy Briefs highlights the setback for President Donald Trump’s effort to limit offshore wind development.
Energy Briefs: LNG and Oil Exports at the U.N.
Trump officials will push new LNG and oil export deals during the U.N. General Assembly and Climate Week in New York.
AI and Natural Gas in the Energy Briefs
EQT President and CEO Toby Rice predicted artificial intelligence infrastructure will boost U.S. natural gas demand by 20% to 40%. He told Bloomberg Businessweek the need for stable energy will fuel development nationwide.
Energy Briefs Spotlight Toby Rice on AI Growth in Natural Gas
House Reverses Land Restrictions
The U.S. House passed H.R. 1047, reversing Biden-era land-use restrictions in Montana. Conservation groups argue it undermines environmental progress.
Energy Briefs: Grid Crisis in Pennsylvania
Governor Josh Shapiro warned Pennsylvania may exit the PJM Interconnection if reforms do not curb energy costs. He said the state will act alone if needed.
Exxon, Chevron, and Global LNG Strategy
Both Exxon Mobil and Chevron are expanding LNG trading strategies in Europe. Analysts view this as a shift after years of hesitation.
Exxon Expands in Guyana
Exxon announced funding for its seventh project in Guyana. The Hammerhead development moves the company closer to producing 1.7 million BOE per day by 2030.
Global Energy Briefs
Japan Supports Perovskite Solar
Japan’s Ministry of the Environment opened applications for subsidies that promote perovskite solar cells and battery storage integration.
China Pushes Offshore Solar
Hebei province launched a 1.8 GW offshore PV project expected to finish by mid-2026. Officials call it a model for large-scale marine solar.
Nuclear Power Hits Record
Nuclear plants worldwide generated more electricity in 2024 than in 2006. Despite optimism, the World Nuclear Industry Status Report says investments remain weak.
Turkey Solar Financing
The Asian Infrastructure Investment Bank and Turkey’s Industrial Development Bank funded a 100 MW solar project with $65 million in financing.
Australia Breaks Renewable Record
Renewables met 77.9% of electricity demand in Australia’s main grid last weekend. Solar alone contributed more than 55% of the total mix.
Fossil Fuel Plans Exceed Paris Goals
A new report finds governments expanding fossil fuel projects that will overshoot the Paris climate agreement limits.
Ireland’s Gas Storage Plan
Entrepreneur Tony O’Reilly Jr. proposed a massive gas storage site in the Irish Sea to secure Britain against blackout threats.