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Energy Policy

All articles tagged with #energy policy

DOE Boots Up $171.5M to Scale U.S. Geothermal Testing and Drilling
energy9 hours ago

DOE Boots Up $171.5M to Scale U.S. Geothermal Testing and Drilling

The U.S. Department of Energy is awarding $171.5 million in a funding opportunity to support next‑generation geothermal field‑scale tests for electricity generation and exploration drilling to validate promising geothermal prospects. The first round will open with two topics focused on enhanced geothermal systems and hydrothermal resource characterization/confirmation. DOE says the effort could unlock large geothermal potential—up to about 300 GW by 2050—and is part of President Trump’s energy agenda; letters of intent are due March 27, 2026, with full applications due April 30, 2026.

via Department of Energy (.gov)|
#doe#energy#energy-policy
California’s Heat-Pump Gamble: High Bills Cloud the Clean-Energy Push
environment2 days ago

California’s Heat-Pump Gamble: High Bills Cloud the Clean-Energy Push

California is pushing to electrify home heating with heat pumps (aiming for six million installations by 2030), backed by rebates and easier permitting, but high electricity prices complicate the economics. A Harvard study finds regional differences: savings tend to occur in the South and Pacific Northwest, while the northern Midwest could see higher bills. In California, coastally favorable conditions are tempered by costly rates, larger or colder homes, and required electrical upgrades; solar can help, but upfront costs and rate plans largely determine whether heat pumps save money.

via Lost Coast Outpost|
#california#decarbonization#electricity-prices
California's heat-pump push hits price barrier
environment2 days ago

California's heat-pump push hits price barrier

California aims to install six million heat pumps by 2030 to cut emissions, but high electricity prices and installation costs complicate adoption; a Harvard study shows potential savings in some regions and higher bills in others, with CA's coast and larger homes often facing higher costs, while policy efforts to streamline permitting and rebates continue amid concerns that steep rates could undermine the climate plan.

via CalMatters|
#california-electricity-prices#decarbonization#energy-policy
Beard leads world's biggest energy lender to accelerate U.S. power, grid resilience
business3 days ago

Beard leads world's biggest energy lender to accelerate U.S. power, grid resilience

Gregory Beard has taken over the DOE's Office of Energy Dominance Financing (EDF), the world's largest energy lender with about $289 billion in loan authority, and is steering a rapid, results-focused expansion after a Biden-era turnaround that canceled or restructured roughly $83.6 billion in loans to prioritize affordability and reliability. The EDF will focus on six areas—nuclear; coal, oil, gas and hydrocarbons; critical minerals; geothermal; grid and transmission; manufacturing and transport—and aims to deploy a wave of loans (including potentially the largest ever), with EDF able to fund up to 80% of project costs for nuclear. The goal is to boost domestic generation, shore up the grid, and reduce China’s dominance over critical minerals while refinancing or building new capacity to lower power costs.

via CNBC|
#business#doe#energy-dominance-financing
Trump Rollback Reverts Coal Mercury Rules to 2012 Standard, Sparking Health and Grid Debate
environment5 days ago

Trump Rollback Reverts Coal Mercury Rules to 2012 Standard, Sparking Health and Grid Debate

Trump rolled back Biden-era tightening of the Mercury and Air Toxics Standard, restoring coal plants to the 2012 rule and potentially exempting the industry from stricter limits. EPA estimates the rollback would save about $78 million annually (2028–2037), while the tighter 2024 standard would have cut mercury emissions about 23% by 2035. Environmental groups vow to appeal, warning that plants could ease pollution controls and monitoring to save money, with potential impacts on public health and grid reliability.

via The Allegheny Front|
#coal#energy-policy#environment
Courts Push Restart of US Offshore Wind Projects
policy23 days ago

Courts Push Restart of US Offshore Wind Projects

Courts in multiple districts blocked the Interior Department’s order to halt five offshore wind projects, granting temporary injunctions that allow ongoing construction to continue while final rulings are issued; the government’s classified national-security justification was not persuasive, and projects nearing completion are likely to finish despite potential appeals.

via Ars Technica|
#construction-restart#court-injunction#department-of-the-interior
Reality check: U.S. electricity costs are rising across the political spectrum
politics23 days ago

Reality check: U.S. electricity costs are rising across the political spectrum

New data show electricity prices are rising nationwide, not just in blue states; four states logged price drops, while others saw increases driven by aging infrastructure, wildfire-mitigation costs in California, natural gas volatility, and growing demand from data centers. Experts say the trend is multi-factor and not limited to blue-state policies, even as renewables and coal decisions influence costs.

via CNN|
#blue-states#electricity-prices#energy-policy
Michigan Sues Oil Giants for Suppressing Electric Vehicles
business1 month ago

Michigan Sues Oil Giants for Suppressing Electric Vehicles

Michigan Attorney General Dana Nessel filed a federal antitrust suit against BP, Chevron, ExxonMobil, Shell, and the American Petroleum Institute, alleging a decades-long cartel to suppress renewable energy and EV competition, keep energy prices high, and hinder charging infrastructure and EV development. The state seeks damages and restitution, arguing the conspiracy limited consumer choices and accelerated fossil-fuel dependence, amid a broader shift in auto industry strategy and energy policy.

via InsideEVs|
#antitrust#business#electric-vehicles
Trump Unveils Pro-Growth, Western-Unity Blueprint at Davos
world1 month ago

Trump Unveils Pro-Growth, Western-Unity Blueprint at Davos

At the World Economic Forum in Davos, President Trump laid out a bold, sovereignty- and pro-growth agenda, touting economic gains and Western unity while proposing policy moves such as banning large institutional buyers of single-family homes, capping credit card interest, and enabling government-backed mortgage-bond purchases to lower rates. He touted near-record energy production and falling gas prices, claimed significant federal workforce and deficit reductions, and framed the US-led Western bloc as the engine of global prosperity, criticizing Biden-era policies and urging Europe to align on energy, trade, immigration, and culture.

via The White House (.gov)|
#davos#energy-policy#trump
AI’s Power Boom Could Spike U.S. Emissions—If Renewables Don’t Step In
technology1 month ago

AI’s Power Boom Could Spike U.S. Emissions—If Renewables Don’t Step In

UCS modeling shows AI-driven data centers could raise US electricity demand 60-80% by 2050, with data centers making up more than half the rise by decade’s end and potentially pushing power-plant CO2 emissions up 19-29% over the next decade under current policies. Reinstating wind/solar tax credits could cut emissions by over 30% and gradually reduce wholesale electricity costs by 2050; more aggressive decarbonization and grid upgrades would raise costs a bit but avert up to $13 trillion in climate damages. Policy uncertainty—particularly under the current administration—complicates renewables deployment, but storage and on-site generation could help keep consumer rates down.

via WIRED|
#ai#data-centers#emissions
NJ Gov. Sherrill declares electricity emergency, orders rapid clean-power buildout
politics1 month ago

NJ Gov. Sherrill declares electricity emergency, orders rapid clean-power buildout

New Jersey Governor Mikie Sherrill declared a statewide emergency over rising electricity costs, freezing rate increases and ordering a swift build-out of solar, battery storage, and other clean-energy resources, plus reforms to interconnection rules and a Nuclear Power Task Force, while directing agencies to fast-track energy projects to prevent brownouts as demand from data centers and PJM grid pressures push prices higher.

via New Jersey Globe|
#electricity-costs#energy-policy#mikie-sherrill