Spain and Portugal were returning to some semblance of normality early Tuesday, with many questions remaining about what caused one of Europe’s worst blackouts in years across the Iberian peninsula the previous day. Spanish power supplies were back to nearly 100% capacity at around 7 a.m. in Madrid, and urban trains were slowly returning to...
At a time when Washington is focused on budget cuts and government downsizing, one investment remains non-negotiable for America’s future: fusion energy. No technology is more economically transformative or strategically vital to securing U.S. leadership in the global energy race. Fusion, the process that powers the stars, is a limitless, clean, safe and sustainable energy...
The global energy transition demands clean, abundant, and reliable alternatives to fossil fuels. Geothermal power — the heat of the earth — meets these criteria. Yet its widespread adoption has been hindered by technical and financial barriers, particularly in accessing geothermal resources deep within the earth. In February 2014, the Department of Energy (DOE) announced...
The American Dream is made possible by abundance. The more jobs, the better. The more food on the table, the better. The stronger our national security, the better. An abundance agenda promises that any American who is determined and willing to work hard can tap into the United States’ unlimited potential and achieve his or...
The Electric Reliability Council of Texas added 43 GW to its five-year load growth forecast last year, or more than one-third of an expected 128 GW of U.S. load growth through 2029, Grid Strategies said in December. New data centers (18 GW), cryptocurrency mines (6 GW), hydrogen production (5.8 GW), other industrial facilities (5.7 GW) and oil...
Texans have long championed free enterprise and competition. Over 25 years ago, our state was one of the first to deregulate most of our electricity market, unleashing billions in private investment and innovation. We know that when businesses compete, consumers win. Yet today, one critical part of our electric system remains shielded from competition by outdated...
China’s State Council approved 10 new reactors on Sunday in a vote of confidence for nuclear power to remain central to the nation’s clean energy transition. It’s the fourth year in a row that China has approved at least 10 new reactors. The nation has 30 under construction, nearly half the global total, and is...
A Republican-authored proposal in the Texas Legislature seeks to open up state funds aimed at encouraging fossil fuel development to a form of renewable energy. The bill, which passed unanimously out of committee in the Texas House late Wednesday and now heads to the floor for consideration, could provide a runway for state incubation of next-generation geothermal energy, which uses oil and...
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday. An IMF report released at its annual spring meeting in Washington nonetheless noted that those output...
President Trump signed an executive order Thursday that aims to jump-start mining on the ocean floor. Large-scale deep sea mining has never been done — though some companies have pushed for it — but the seafloor is expected to contain valuable materials. A Trump administration official told reporters Thursday that it expects to find manganese, cobalt,...
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