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 …
Tag: offshore wind
Energy Brief: Grid Strain, Wind Ruling, OPEC+ Outlook
AI Data Centers Push Power Prices to Crisis Levels ** AI data centers hit by winter storms this week surged electric costs to as high as $1,200 per megawatt-hour, as Northern Virginia’s hyperscale campuses powering AWS, Microsoft Azure, and other cloud platforms turned what should have been a manageable winter peak into a grid-straining crisis. …
Energy Briefs: Oil Supply, Power Rates, Global Markets
United States ** The Texas oil industry is bracing for potential margin pressure as President Trump pledges to push crude prices toward $50 per barrel and increase U.S. access to Venezuelan oil, a move analysts say could make breakeven economics even more challenging for producers. ** In her first official action as governor, New Jersey …
Energy Briefs: U.S. + World Policy, Oil and Renewables
U.S. Politics and Policy ** President Trump said he may block Exxon Mobil from investing in Venezuela after Exxon CEO Darren Woods called the country “uninvestable” during a Friday meeting at the White House. ** The U.S. Supreme Court will hear arguments connected to more than 40 Louisiana lawsuits seeking to hold energy companies responsible …
Energy Brief: Policy, Power and Global Energy Moves
Policy and Regulation ** The Trump administration filed a lawsuit seeking to block natural gas hookup and appliance restrictions in two California cities, arguing the local rules violate a 1975 federal law. Power Generation and Grid ** An Anschutz Corporation subsidiary proposed a 2,000 MW gas generation facility in southern Wyoming to complement the nearby …
Energy Brief: Trump Signals Venezuela Oil Comeback
Energy Brief: Trump Eyes Venezuela Oil Return U.S. Energy Policy & Markets *Government officials in Caracas and Washington are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday, a deal that could divert supplies away from China while helping state company PDVSA avoid …
Energy Brief: AI power demand, nuclear plans, grid costs
U.S. Energy & Infrastructure • Oregon nuclear and long-term energy planningOregon officials announced a 25-year nuclear and energy strategy aimed at meeting surging demand. The Oregon Capital Chronicle reported the Oregon Energy Strategy outlines plans to improve building efficiency and expand adoption of cleaner energy sources, including solar, thermal, wind, and nuclear. • Americans spend …
Energy Brief: Coal Plants, EV Funding, Global Power Shifts
Energy Brief: Power, Coal and Grid Tensions Escalate United States Coal plants ordered to stay onlineThe Trump administration ordered the Centralia coal plant in Washington to continue operating beyond its scheduled Dec. 31 closure, even though state law requires utilities to stop burning coal at the end of the year. House backs authority to delay …
Energy Brief: U.S. magnet deal, COP30 absence, NY gas
Energy Brief ** The Trump administration announces a $1.4 billion deal with Vulcan Elements and ReElement Technologies, consisting of federal loans and private investments, to produce rare-earth magnets in the U.S. used in EV motors, data centers, and other electronics.** | This accelerates domestic critical mineral capacity and shifts supply chain leverage back toward U.S. …
Energy Brief: DOE AI Power Moves and Exxon Lawsuit
DOE Advances AI Power Grid Access The U.S. Department of Energy (DOE) is taking bold steps to power AI data centers while using artificial intelligence to accelerate energy technology breakthroughs. Energy Secretary Chris Wright directed federal regulators to consider a new rule that would speed up the connection of AI data centers to the nation’s …
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