Generation & Fuels
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DOE
The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.
BOEM
The Bureau of Ocean Energy Management issued the final environmental impact statement for SouthCoast Wind, bringing the project one step closer to final approval.
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NYSEIA is looking to continue the momentum for distributed solar after a key milestone was achieved, but plenty of challenges remain.
Lawrence Berkeley National Laboratory
California’s floating offshore wind industry is getting a boost from $30 million in research and development funds from the state Energy Commission’s EPIC program.
Duke Energy
Duke Energy reported third-quarter earnings of $1.226 billion ($1.60/share), a dip of about 15% from the same period in 2023, as its utility territories were hit by three hurricanes.
R.I. Ports Coalition
Rhode Island voters overwhelmingly approved a ballot proposal to dedicate $53 million in bonds to several environmental infrastructure projects, including $15 million for the Port of Davisville.
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Change is coming to FERC after Tuesday's election, but the policies the agency oversees are rarely top of mind during campaigns, so it is unclear how much will be different.
Shutterstock
Energy industry leaders and analysts discussed what's ahead for the clean energy transition after former President Donald Trump’s victory.
Dominion Energy
Several clean energy industries were clear losers after former President Trump's reelection, and offshore wind and EV company stocks took hits the day after the election.
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The Southeast’s traditionally risk-averse vertically integrated utilities are now embracing the clean energy transition, driven by economic development in the form of new industry and data centers.
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