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By Gavin Maguire LITTLETON, Colorado, May 28 (Reuters) – U.S. President Donald Trump’s sweeping tax and spending bill calls for drastic cuts to clean energy tax credits that have been major drivers of the boom seen in utility-scale renewable power and battery capacity over the past three years or so. The bill was passed by …
COMMENTARY: Key US Clean Energy Charts That Track Trump’s Tax Bill Impact Read More »
Last week, Republicans were planning to keep the vast majority of the trillion-dollar IRA subsidies, including grid-destroying solar/wind subsidies. Fortunately, a few energy freedom fighters saved us By Alex Epstein Last week, Republicans were planning to keep the vast majority of the trillion-dollar IRA subsidies, including grid-destroying solar/wind subsidies. (I sounded the alarm here.) Fortunately, the …
Victory for Energy Freedom: the House (Finally) Limits IRA Subsidies Read More »
A geothermal power plant is seen in the distance through geological mudpots atop the San Andreas Fault in Calipatria, California (Reuters) – Geothermal energy in the Great Basin of Nevada and adjoining states could produce electricity equivalent to 10% of the current U.S. power supply, the U.S. Geological Survey said on Thursday. The projected 10% …
US Agency Says Geothermal Energy in Nevada’s Great Basin Could Play Larger role Read More »
By Vallari Srivastava May 22 (Reuters) – Shares of U.S. solar companies fell sharply on Thursday after the House of Representatives advanced President Donald Trump’s sweeping tax and spending bill, which may end numerous green-energy subsidies that have supported the renewable energy sector. Sunrun (RUN.O) led the market rout, with shares falling nearly 41% in …
Solar Stocks Plummet After Trump’s Tax Bill Advances in US House Read More »
By Kari Lundgren and Will Mathis A rendering of Equinor’s Empire Wind project Photographer: Eirik Hamre Clausen/Equinor The Trump administration’s surprise reversal of an order to halt a $5 billion wind energy project off the coast of New York offered some respite to a beleaguered industry whose future in the US has been in doubt. …
Trump U-Turn on $5 Billion Wind Farm Lifts Ailing Industry Read More »
Summary Equinor resumes work on Empire Wind Had been halted by interior secretary in April Compromise on wind and suspended gas pipeline reached (Reuters) – The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state …
US Lifts Ban on New York Offshore Wind Project After Gas compromise Read More »
A House committee wants to compensate some energy companies if the government derails their projects. By Liam Denning Pick a side. Photographer: Brandon Bell/Getty Images North America The legislating of energy policy in Washington has become so volatile that some folks want to sell insurance against it. Those folks happen to be the politicians in …
By Nichola Groom Bill would scrap 30% tax credit for homeowners with solar panels Rooftop solar companies employ more than 100,000 workers Many top residential solar markets are in Republican states May 15 (Reuters) – Companies that put solar panels on U.S. homes say a Republican budget bill advanced in Congress this week would deal …
US Rooftop Solar Companies say Republican House Bill Would Be a Major Setback Read More »
(Reuters) – The middle section of the U.S. and Canada could have a shortfall of electricity this summer if higher-than-normal forecasted temperatures drive up demand as a changing mix of power supplies increases reliability risks, the organization overseeing the area’s grid said on Wednesday. Electricity demand in the United States and Canada has grown by …
Middle Swath of North America at Risk of Power Shortfalls This Summer, Regulator Says Read More »
The proposal would eliminate popular tax credits for electric vehicles and home solar. By Ari Natter and Mark Chediak Workers install solar panels on a home in San Francisco. Photographer: Michaela Vatcheva/Bloomberg House Republicans released their first stab at a bill to extend President Donald Trump’s tax cuts, which would help pay for them by …
The Biggest Losers in the GOP Plan to Slash US Climate Spending Read More »
