Proposed tariffs on Canadian and Mexican imports could lead to higher electricity prices in the U.S. A 25% tariff on Canadian electricity could add $290 million annually to New York’s energy costs and $100 million to Massachusetts. These increases may also raise prices for goods that rely on energy for production and transportation. Diversifying energy….

On January 22, 2025, President Donald Trump signed an executive order pausing the disbursement of funds from the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law. This action is part of a broader initiative titled “Terminating the Green New Deal,” aiming to reassess and potentially….

Shares of Edison International dropped after an investigation raised concerns over whether equipment from Southern California Edison contributed to the Hurst and Eaton fires in Los Angeles. The company’s stock fell 14% to $55.66 Monday, marking its biggest drop since March 16, 2020. For the month, shares are down 31%. Last week, SoCal began shutting….

In 2024, solar energy significantly enhanced New England’s electricity grid, with solar power contributing to the region’s energy mix at unprecedented levels. This surge was particularly notable during peak demand periods, such as hot summer days, when solar generation effectively reduced the strain on the grid. The increase in solar capacity is largely attributed to….

In early January 2025, President Joe Biden issued a ban on new offshore oil and gas drilling across more than 625 million acres of U.S. federal waters. This action affects the East and West coasts, the eastern Gulf of Mexico, and parts of Alaska’s Northern Bering Sea. Biden utilized the Outer Continental Shelf Lands Act….

Facebook parent Meta is seeking developers that can bring nuclear reactors online starting in the early 2030s to support data centers and communities around them. Meta is joining Amazon, Google, and other tech giants in turning to nuclear generation to fuel energy-thirsty Al data centers with zero-carbon electrons. The company just announced a request for….

U.S. natural gas settles higher in an up-and-down session, again testing the key $3 level as prospects for heating demand pick up. Current winter forecasts call for average temperatures 2 degrees Fahrenheit below last year for the December-February period, which could add around 2.8 billion cubic feet a day to residential and commercial demand, Bank….

According to Factiva data, Liberty Energy is one of the most mentioned companies in the U.S. across all news items in the past 12 hours. Liberty Energy’s Chief Executive Officer Chris Wright is Donald Trump’s choice to head the Energy Department. Wright’s selection leaves the door open for investing in technologies outside of oil and….

The Inflation Reduction Act (IRA) is unlikely to face a full repeal, even if Trump wins the 2024 U.S. election, as this would require Republican control of the presidency and both houses of Congress, which is improbable given the expected slim majorities in Congress. A Trump administration would prioritize extending the 2017 Tax Cuts and….

The Biden administration’s roadmap to triple U.S. nuclear energy capacity by 2050 involves adding 200 GW through new reactor construction, restarts, and power upgrades. It includes plans for 35 GW of nuclear capacity by 2035, scaling up to 15 GW annually by 2040. The strategy also promotes deploying gigawatt-scale reactors, modular reactors, and microreactors, with….