Increasingly, datacenter operators are putting their faith in the promise of miniaturized nuclear power plants – better known as small modular reactors (SMRs) – to fuel their ever-growing energy demands. Sam Altman-backed SMR startup Oklo says it’s obtained letters of intent from two major – but unnamed – datacenter providers to deliver up to 750 megawatts of...
Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent climate policy swings — and he pushed the president-elect to reject carbon border taxes favored by some GOP lawmakers. In an interview with POLITICO, Woods signaled that one of the most powerful players in the energy industry might serve...
While the election is now behind us, the future of the long-awaited Farm Bill remains in question. Farmers and ranchers have been waiting for the reauthorization of the bill for more than a year, since the last bill expired in September 2023. While there is a ready, bipartisan-supported version released by House Agriculture Committee Chair GT Thompson, it remains...
The D.C. Circuit Court of Appeals dropped a bombshell this week that could reshape how federal agencies implement environmental laws. In Marin Audubon Society v. FAA, the court ruled that the White House Council on Environmental Quality (CEQ) lacks authority to issue binding regulations implementing the National Environmental Policy Act (NEPA). While some are celebrating this as a...
The Biden administration on Tuesday released a roadmap for plans to triple U.S. nuclear capacity by the middle of the century. The plan sets a goal of 200 gigawatts of new capacity by 2050, more than three times the 2020 capacity. This will require the development of multiple new power sources, including large and small modular plants,...
In a historic 2024 election that returned Donald Trump to the White House, Americans decisively voiced their preference for a positive, people-first energy agenda prioritizing security, reliability, and affordability. Voting with their ballots and wallets, Americans rejected the left’s depressingly pessimistic and costly energy deprivation agenda that prioritizes carbon emissions over their wellbeing. In an...
Climate change is a top priority on the global agenda and is impacting the way all industries operate and are regulated or governed. The 2016 Paris Agreement set out to limit temperature increases to “1.5 °C above pre-industrial levels”, with an end goal of restricting the increase in the global average temperature to “well below...
Houston-based private equity firm Pelican Energy Partners has raised a $450 million fund to invest in nuclear energy services and equipment companies. Pelican had aimed to raise $300 million for Pelican Energy Partners Base Zero LP and had imposed an initial “hard cap” of $400 million. Investors include endowments, foundations, family offices, and pension plans....
Project InnerSpace has launched GeoMap™ India, highlighting the enormous potential for untapped geothermal energy to become a crucial part of India’s clean energy mix as it seeks to spur economic growth and development by increasing energy supply. GeoMap™ is a pioneering geothermal exploration tool focused on expanding the adoption of clean, always-on geothermal energy worldwide by bringing together millions...
Donald Trump won a decisive victory last week and will reoccupy the Oval Office in January. Polls suggest that dissatisfaction with the economy was one of the main reasons for his comeback and experts attribute the better economy during his first term to his tax cuts and deregulation (more than his immigration and trade policies). While Trump made fewer campaign promises...
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