Offshore wind policy and fossil fuel permitting reforms ** Oil lobbyists are asking Trump to back off his attacks on offshore wind, saying his hostility could delay energy permitting reforms that would benefit fossil fuel companies. ** The Trump administration and Westinghouse are reportedly meeting with utilities and nuclear developers as Trump aims to get …
Tag: Energy Brief
Energy Briefs: Data centers, DOE loan, rare earths
Ratepayer protection pledge and data center power demand ** Tech execs are expected at the White House next week to sign what President Trump called a “ratepayer protection pledge” during Tuesday’s State of the Union. ** Goldman Sachs, in an updated analysis, sees 220% growth in data center power demand between 2023 and 2030, up …
Energy Briefs: NEPA rollback, coal, data centers
Interior Department Completes NEPA Rollback The Interior Department says it’s completed a major rollback of National Environmental Policy Act (NEPA) regulations that will help speed energy, mining, and other projects. Power Plant Retirements Total 11 GW Power plant owners plan to retire 11 GW of utility-scale power generation this year, most of it from coal …
Energy Briefs: Supreme Court, Oil, Alaska Drilling
U.S. Supreme Court to Hear Climate Liability Case The Supreme Court said Monday that it will hear from oil and gas companies trying to block lawsuits seeking to hold the industry liable for billions of dollars in damage linked to climate change. The conservative-majority court agreed to take up a case from Boulder, Colorado, one …
Energy Briefs: Solar Tariffs, Coal Rules, Nuclear Deal
U.S. Commerce Department Solar Tariff Decision The U.S. Commerce Department will announce whether it will impose tariffs on solar cell and panel imports from India, Laos, and Indonesia. Trump Administration Eyes $25B Nuclear Contract The Trump administration is considering awarding a $25 billion contract to little-known nuclear power company Entra1 Energy, which has fewer than …
DOE funding, nuclear approvals lead energy briefs
U.S. Energy Policy & Power Infrastructure U.S. Department of Energy (DOE) has announced $175 million in funding for six projects to modernize, retrofit, and extend the useful life of coal-fired power plants serving rural and remote communities across the United States, keeping dependable energy sources online, strengthening grid reliability, and helping keep electricity costs low …
Energy Brief: Earnings, Rates, Solar, Global Energy Moves
Earnings outlook across major energy and materials companiesEarnings season continues with updates expected from Occidental Petroleum (OXY), Energy Transfer (ET), Devon Energy (DVN), Transocean (RIG), Newmont (NEM), Pan American Silver (PAAS), Kinross Gold (KGC) and Nutrien (NTR). The reports are expected to provide insight into commodity pricing, production volumes, and capital discipline, according to Seeking …
Energy briefs: Administration revokes EPA called “regulatory overreach”
U.S. Energy Developments ** The Trump administration on Thursday revoked a scientific finding that long has been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change, the most aggressive move by the Republican president to roll back climate regulations. The rule finalized by the Environmental Protection Agency rescinds a 2009 government …
Energy Policy, LNG, Solar: Global Energy Brief
DoD Power Supply Contracts With Coal Plants ** The Trump administration plans an executive order directing the Department of Defense to enter into power supply contracts with coal plants. Federal Funds: EV Chargers Must Be 100% U.S.-Made ** The Trump administration proposes rules that would require all electric vehicle chargers receiving federal funds to be …
Energy Briefs: Labor deal, grid recovery, data center fights
Steelworkers reach contract with Marathon PetroleumThe United Steelworkers union reached a four-year agreement with Marathon Petroleum that raises wages for 30,000 oil workers and avoids a potential nationwide strike. Entergy nears storm power restorationEntergy announced it is nearly finished restoring electricity in Louisiana after a winter storm left residents without power for 11 days. Texas …