January 22, 2025

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Biden Wants Data Centers, Clean Energy on Federal Land by 2027
With days left in his administration, President Joe Biden issued an executive order aimed at siting and permitting cutting-edge artificial intelligence data centers on federal land by 2027.
Constellation Energy
Constellation to Acquire Calpine for $29.1B
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
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Delaware, US Wind Finalize $100M+ in Community Benefits
Delaware has finalized a benefit agreement with US Wind for allowing the developer to use a state park to run export cables from the offshore wind farms it hopes to build.
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Data Centers and Demand Growth Top 2025 Agenda
The data center dilemma centers first on a familiar mismatch of timescales. Utilities and their regulators tend to plan based on the small, incremental demand growth. But development and the power demand it generates move at ever-increasing digital speed.
Constellation Energy Corp.
Feds Boost Constellation Nuclear Plans with $840M PPA
A first-of-its-kind power purchase agreement will send more than 10 million MWh of power to federal buildings and help Constellation Energy increase the output from its nuclear fleet.
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Connecticut Closes the Door on 2024 OSW Procurement
Vineyard Offshore no longer plans to proceed with its bid for the 1,200-MW Vineyard Wind 2 project following Connecticut’s decision not to buy power from the project.
Commonwealth Fusion Systems
Oklo, Commonwealth Fusion Unveil Ambitious Nuclear Plans
Two companies developing advanced nuclear technology made landmark announcements about their plans.
PG&E
DOE Offers $15B Loan to PG&E to Support Reliability Goals
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
EVgo
LPO Announces $1.25B Loan to Help EVgo Install 7,500 Fast Chargers
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
BOEM
BOEM Sees Renewed Interest in Gulf of Mexico OSW
Requests that two developers submitted this year have prompted BOEM to start planning a 2026 offshore wind auction in the Gulf of Mexico.

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