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Duke Energy described plans to invest up to $200 billion in the next decade to meet demand growth across its multiple utilities during an earnings call for the first quarter of 2025.
Energy Secretary Chris Wright testified about the Trump administration's budget request and took flak mostly from Democrats on his department's review of previously authorized spending.
Offshore wind advocates are closely monitoring and vigorously lobbying Congress to assess and shape potential changes to the Inflation Reduction Act and its budget.
A group of 18 Democratic state attorneys general filed suit against President Donald Trump’s executive order that halted wind energy projects’ federal approvals.
A new Citizens for Responsible Energy Solutions report argues that blue hydrogen is poised to help expand U.S. energy dominance as the global market for lower-emissions hydrogen takes shape.
Dominion Energy reported that Coastal Virginia Offshore Wind has already seen slight cost impacts from President Trump's tariffs, which could grow as the project is still on track for completion in 2026.
Duke Energy is considering nuclear for its long-term plans, but it may take decades before the resource is being installed at scales similar to gas plants, solar or wind today.
The announcement came with a major caveat: A pro-business environment with supportive tariff, tax and permitting mechanisms must be in place.
RWE, which put a two-year pause on its U.S. offshore wind development efforts days after President Trump was re-elected, now is setting a higher bar for other renewables in the U.S. market.
FERC in November 2024 granted a 48-month preliminary permit to York Energy Storage LLC for an 858-MW facility along the Susquehanna River near Lancaster and York that could produce 1.5 million MWh per year.
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