Energy Brief: PJM Rejections, EV Sales Drop, DOE Loan

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PJM Rejects All 12 Growth Proposals

Grid operator PJM Interconnection rejected all 12 proposals submitted by data center companies, utilities, energy advocates, and other stakeholders offering recommendations on how the regional operator should handle surging electricity demand.

U.S. EV Sales Fall 49% in One Month

U.S. EV sales dropped 49% from September to October after the expiration of federal tax credits, reshaping expectations for near-term electric vehicle demand.

DOE Issues $1 Billion Loan for Three Mile Island Restart

The U.S. Department of Energy will issue a $1 billion loan intended to revive the shuttered nuclear power plant at Pennsylvania’s Three Mile Island, supporting as-yet-unfinished plans to restart the iconic facility.

Maine Rejects CMP Rate Hike Proposal

Maine regulators rejected a Central Maine Power electricity rate increase that would have raised the average monthly bill by $35, and directed the utility to submit a revised plan that better accounts for consumer impacts.

North Dakota Reviews First Battery Storage Proposals

North Dakota regulators are evaluating proposals for the state’s first battery energy storage sites, which developers say could support new renewable energy projects.

Trump Administration May Shift FEMA HQ to Texas

The Trump administration is considering relocating FEMA headquarters to Texas and appointing a state emergency manager to lead the agency following the resignation of its acting head.

Missouri Approves Evergy Rates for Large Users

Missouri regulators approved electric rates for Evergy’s large energy users, including data centers, ensuring the cost of serving the new load does not fall on other ratepayers.

Engineers Build Record-Hot Geothermal Plant in Oregon

On the slopes of Oregon’s Newberry Volcano, engineers are building what may become the hottest geothermal power plant on Earth. The site has already reached 629°F, one of the hottest geothermal zones in the world.


World

Drone Strike Ignites Tanker in Ukraine; Villages Evacuated

Two Romanian villages were evacuated after a drone struck a Turkish-flagged tanker in southern Ukraine. The MT Orinda was hit while offloading LPG near the Romanian border.

Cyprus Gas Could Reach Europe by 2027

Some of the estimated 20 trillion cubic feet of natural gas discovered off Cyprus could reach European markets by 2027, the Cypriot president said, as Europe continues efforts to reduce reliance on Russian energy.

China Rapidly Replaces Diesel Trucks With Electric Models

China is replacing diesel trucks with electric heavy-duty models faster than expected — with 22% of new heavy-truck sales in early 2025 being battery-powered, compared to nearly zero in 2020.

Chinese EV Makers Turn Toward Humanoid Robots

Leading Chinese EV manufacturers, including Xpeng and Chery, are accelerating efforts to build humanoid robots, aligning with Beijing’s push to gain strategic advantage in advanced technology sectors.

Australia Sees More Interest in Critical Minerals Reserve

Australia reports growing interest from allies, including the European Union, in its strategic critical minerals reserve following a new agreement with the United States.


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