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Wyoming and 10 other states’ claims that giant investment companies conspired to drive coal production down and drive prices up — increasing people’s energy costs — are at least plausible enough to keep a lawsuit alive, a judge has ruled. Wyoming filed suit in the U.S. District Court of Eastern Texas in late November against Blackrock Inc., State Street Corp. and Vanguard Group Inc. Texas Attorney General Ken Paxton led the litigation. Alabama, Arkansas, Indiana, Iowa, Kansas, Missouri, Montana, Nebraska, West Virginia and Wyoming also signed the complaint. The states allege the three massive investment companies acquired substantial stockholdings in...

Work has begun to lay the underwater cable for the first electricity interconnector between Ireland and mainland Europe. It marks a major milestone in the €1.6 billion ($1.9 billion) Celtic Interconnector project, which will link the electricity grids of Ireland and France to ensure security of power supply. A specialist marine vessel Calypso, from Norway, has begun cable-laying along an 84-km (52-mile) section of the route. Once fully installed, the entire 575-km (357-mile) interconnector will run from east Cork to the northwest of Brittany. It will allow for the exchange of 700 MW of electricity, enough to power some 450,000...

Forced electric load reduction and possible rolling blackouts in Maryland. Electric system in crisis. Got Coal?

By Chris TalgoPresident Donald Trump wants the United States to become the world leader in artificial intelligence. “Winning the AI race will usher in a new golden age of human flourishing, economic competitiveness, and national security for the American people,” Trump said as he unveiled his AI Action Plan.The ambitious plan includes more than “90 Federal policy actions across three pillars – Accelerating Innovation, Building American AI Infrastructure, and Leading in International Diplomacy and Security.”One of the “key policies” of Trump’s AI Action Plan is the “rapid buildout of data centers.”Massive data centers are vital to AI. Massive data centers...

Tesla shares plunged as much as 10% in early trading Thursday after the company posted its steepest sales drop in more than a decade – and CEO Elon Musk warned the slump may not end anytime soon.The embattled electric carmaker reported that revenue from car sales fell 16% to $16.7 billion in the second quarter versus a year ago – its second straight quarter of declining sales. Tesla also missed Wall Street’s quarterly estimates for both earnings per share and overall revenue. “We probably could have a few rough quarters,” Musk admitted during the company’s earnings call on Wednesday.*** Tesla...

2024, prices jumped 800% at PJM Interconnection, a “traffic controller” part of the grid that provides service in 13 states as well as D.C. .. PJM operates the largest power grid in the U.S., with around 67 million customers—that’s more than 20% of the American population. ... amid a dwindling supply and an increase in demand, “Prices for power plants landed at $269.92 per megawatt-day, compared to $28.92 per megawatt-day” in 2023. ... prices are set to spike again, and the projection for this year is around 20%. If you live in Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey,...

I keep reading how big batteries are all it takes to make wind and solar reliable as the sole grid electricity source. The reality is that making wind and solar work at all requires a fantastic amount of battery backup, far more than is possible. Below is an example using the PJM grid. PJM is America’s biggest grid operator, with a territory covering the Mid-Atlantic and points west. Their territory includes the Washington, DC metro area, where all the federal bigwigs live, making it a good place to start. I also live there. We are quantifying a fantasy, so let’s...

The Trump administration's Department of Energy (DOE) on Monday released a report that found currently scheduled retirements of energy-generating facilities coupled with delays in bringing new power sources online could lead to a rise in blackouts by the end of this decade. DOE's report found that with about 104 gigawatts of energy-generating capacity scheduled to be retired by 2030, power outages could see a significant rise if that capacity isn't replaced in a timely manner. It is estimated that annual outage hours could rise from single digits today to over 800 hours per year. The agency noted that while 104...

The dam, which will be located in the lower reaches of the Yarlung Tsangpo river, could generate three times more energy than the Three Gorges Dam, currently the world's largest hydropower plant. ... The Three Gorges hydropower dam required the resettlement of 1.4 million people. Reports indicate that the colossal development would require at least four 20km-long tunnels to be drilled through the Namcha Barwa mountain, diverting the flow of the Yarlung Tsangpo, Tibet's longest river. ... Shortly after China announced its plans for the Yarlung Tsangpo dam project in 2020, a senior Indian government official told Reuters that India's...

Democrat California Gov. Gavin Newsom claimed the “one big, beautiful bill” will spike electricity costs on Sunday, seemingly ignoring the fact that ratepayers in state are drowning under some of the most exorbitant utility bills in the U.S. Newsom took to X and listed several grievances he has with the GOP reconciliation bill, including concerns that its passage would lead to rising electricity costs because it would limit subsidies for green energy. California has some of the highest energy prices in the U.S., and they are projected to keep climbing, according to multiple reports and energy sector experts. “Electricity costs...

New York is planning to build the nation’s first new major nuclear power plant in more than 15 years, Gov. Kathy Hochul said Monday. The “zero-admission advanced” plant in an upstate New York location still to be determined would generate 1 gigawatt of electricity — enough to juice up to 1 million homes, Hochul said. “If we don’t increase New York’s electricity supply in a major way, we’re going to risk losing our opportunities,” Hochul told a crowd outside the Niagara Power Project, a generating facility downstream from Niagara Falls. “They can go elsewhere, but we want them here.” The...

Texas comedian reads his electric bill like a Faulkner novel. OMG, this is SO funny. This guy is fantastic. Great script and super delivery. Jerry Wayne has his own YouTube channel. Here's the link to this video on YouTube.

Yesterday, EPA Administrator Lee Zeldin announced the proposed repeal of the Biden-era’s Clean Power Plan 2.0, which ruled that coal-fired and many new natural gas power plants must capture and store over 90% of their carbon emissions by the 2030s—or shut down by 2040. It’s a costly mandate, resting on shaky legal and technical foundations. Americans would be fortunate to have it repealed. President Biden issued his Clean Power Plan 2.0 after the Supreme Court ruled in West Virginia v. Environmental Protection Agency that President Obama’s Clean Power Plan 1.0 exceeded the Environmental Protection Agency’s (EPA) statutory authority. The Court’s...

Over 80 years after scientists of the ‘Manhattan Project’ harnessed the power of the atom to end World War II, the top-secret worksite has a new mission to help dominate AI before China does. The first phase of the United States' latest uranium enrichment facility opened in Oak Ridge, Tennessee in May. ... The U.S. Energy Information Administration reported 99% of U.S. nuclear fuel is imported from other countries. In 2023, most of America's uranium products came from Russia, Canada, Australia, Kazakhstan, and Uzbekistan. The U.S. banned the import of uranium products from Russia in May 2024, but companies can...

It has long been acknowledged that the United States’ energy infrastructure isn’t particularly secure, a concern exacerbated by the lack of a central planning process for our nation’s piecemeal electric grid. Presidential administrations and Congress have been slow to address the problem, apparently daunted by the mere size and scope of the challenges the needed upgrades would present.That needs to change now. The recent news that China apparently installed hidden “kill switches” in solar equipment sold to the U.S. was the latest in a long list of reasons to be concerned about our electricity infrastructure and the foolhardy rush to...

The U.S. Department of Energy has ordered another power plant, this time an oil and gas plant in Pennsylvania, to keep its turbines running through the hottest summer months as a precaution against electricity shortfalls in the 13-state mid-Atlantic grid. The department’s order to the grid operator, PJM Interconnection, regarding the Eddystone power plant just south of Philadelphia on the Delaware River, is the department’s second use of federal power under President Donald Trump to require a power plant to keep operating on the mainland United States. Constellation Energy had planned to shut down Eddystone’s units 3 and 4 on...

I have a questions for those more financially savvy than I. I live in a state that has deregulated electric energy markets, in an urban area with a lot of choices for providers. My current electric service contract is up in just over a month. Seeing that energy prices are beginning to come down, is it wise to lock in with a new provider now, or wait as long as possible, possibly risking a spike in July? Also, long or short contract? Fixed or variable? Thanks for any advice.

Home | Politics Tags: trump | nuclear | license Trump Seeks to Fast-Track Nuclear Licenses, Overhaul Regulatory Agency Trump Seeks to Fast-Track Nuclear Licenses, Overhaul Regulatory Agency (AP) Friday, 23 May 2025 02:57 PM EDT Comment| Print| A A President Donald Trump ordered the nation's independent nuclear regulatory commission to cut down on regulations and fast-track new licenses for reactors and power plants on Friday, seeking to shrink a multi-year process down to 18 months. The requirement was part of a batch of executive orders signed by Trump on Friday that aim to boost U.S. nuclear energy production amid a...

Brief represents the first time the Trump administration has weighed in on green investing issues.. The Federal Trade Commission is throwing its weight behind a high-profile federal lawsuit led by 12 Republican-led states accusing three of the world's largest asset managers—BlackRock, State Street, and Vanguard—of artificially constricting the coal market in violation of U.S. antitrust laws, the Washington Free Beacon has learned. The filing in the case is a remarkable move that represents the first time the Trump administration has waded directly into an issue or case related to environmental, social, and governance (ESG) policies. Led by powerful asset managers...

A massive crowd on the streets of Hong Kong Sunday as the protest continues against the extradition law. Organizers say some two million people took to the streets.... 30 killed and 40 wounded in a suicide bombing attack in northeastern Nigeria..... At least 12 killed, more than a dozen wounded in a jihadist rocket attack on a government held area in northwestern Syria... Turkey says it attacked the Syrian army in northwestern Syria in response to an attack by Syrian government forces on a Turkish observation post... Turkish President Recep Tayyip Erdogan says the Russian S-400 air defense system is...