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President-elect Donald Trump intendeds to nominate North Dakota Gov. Doug Burgum as secretary of the interior and Chris Wright, CEO of Liberty Energy, as secretary of energy.
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The Massachusetts legislature finally has sent a wide-ranging climate bill to the desk of Gov. Maura Healey, who has indicated she will sign the legislation.
Bloom Energy
American Electric Power will meet data center power demand with what it calls the largest utility initiative of its kind in the nation, buying up to 1 GW of Bloom Energy’s solid oxide fuel cells.
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To move forward in the second Trump administration, both Democrats and Republicans will need to depoliticize the debate around climate and energy issues as they face the impacts of increasingly frequent and severe extreme weather, while meeting growing power demand from artificial intelligence, data centers and new manufacturing.
RWE
RWE, which holds offshore wind leases off the Atlantic, Pacific and Gulf coasts, said it is pausing capital expenditures on development there for two years due to increased risk and uncertainty.
DOE
The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.
BOEM
The Bureau of Ocean Energy Management issued the final environmental impact statement for SouthCoast Wind, bringing the project one step closer to final approval.
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NYSEIA is looking to continue the momentum for distributed solar after a key milestone was achieved, but plenty of challenges remain.
Lawrence Berkeley National Laboratory
California’s floating offshore wind industry is getting a boost from $30 million in research and development funds from the state Energy Commission’s EPIC program.
Duke Energy
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
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