Congressional leaders finalized a deal Tuesday to extend government funding, approve more than $100 billion in disaster aid and advance a slew of bipartisan priorities that had been awaiting action for months. The stopgap funding measure, if approved this week as expected, will kick Friday night’s funding deadline to March 14, buying congressional appropriators nearly...
The U.S. Department of Energy released its long-awaited study on LNG exports Tuesday, and while the administration didn’t officially call for a ban on LNG exports – they might as well have. In a politically charged statement, U.S. Energy Secretary Jennifer Granholm said “that a business-as-usual approach is neither sustainable nor advisable,” echoing similar claims to those made...
With lawmakers unable to pass a new farm bill this Congress, $10 billion in economic assistance was included for farmers facing hardships from low crop yields, declining commodity prices, and natural disasters, which resulted in $21.94 billion of crop losses in 2023 alone.
The Oklo-Switch deal represents “one of the largest corporate power agreements in history,” Oklo said. It is larger than a 10.5-GW deal announced in May between Microsoft and Brookfield Asset Management that was “almost eight times larger than the largest single corporate [power purchase agreement] ever signed,” a Brookfield executive said at the time. The five-year Microsoft-Brookfield...
National Grid plans to ramp up investment in its electricity-transmission business as the world accelerates the transition from fossil fuels to clean power. This follows a trend of energy utilities across Europe that are increasing investments to update old grids as they bet on a boom in power demand amid rising electrification, industrial decarbonization, and artificial-intelligence...
The U.S. Department of Energy (DOE) today announced an investment of $25 million across 11 projects to advance materials, processes, machines, and equipment for domestic manufacturing of next–generation batteries. These projects will advance platform technologies upon which battery manufacturing capabilities can be built, enabling flexible, scalable, and highly controllable battery manufacturing processes. Batteries are...
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less stringent than the administration’s original proposal. The final rule issued by the Treasury Department on Friday determines which facilities can qualify for lucrative tax credits for hydrogen...
U.S. President-elect Donald Trump on Friday criticised the British government’s energy policy with a demand the country “open up” the ageing North Sea oil and gas basin and get rid of wind farms. The North Sea is one of the world’s oldest offshore oil and gas basins where production has steadily declined since the start of the...
Backers say a law adding nuclear power to the definition of “green” energy will give Ohioans another option to cut carbon emissions but some environmentalists are skeptical. House Bill 308, signed in December by Gov. Mike DeWine, is designed to open the state to nuclear power research and development. However, critics are concerned it could...
A Biden administration ban on certain natural gas water heaters as part of the lame duck president’s climate agenda could send prices soaring for the elderly and the poor. Under the policy, new non-condensing, natural gas-fired water heaters will be prohibited for sale starting in 2029 due to concerns about carbon-dioxide emissions. The policy comes during President Biden’s...
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