Renewable Energy

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Trump Aims at Biden’s Inflation Reduction Act: EVs, Clean Energy and Manufacturing

Conventional Energy, Electric Vehicles, Energy Topics & Technology, Geothermal, Latest, Oil, Renewable Energy, US News / By

By Reuters Summary Trump has threatened to claw back unspent IRA money Electric vehicle rebates, gas emissions under fire Wind, solar may be untouched (Reuters) – President-elect Donald Trump has vowed to repeal Joe Biden’s signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts …

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AI’s Energy Hunger Fuels Geothermal Startups but Natgas Rivalry Clouds Future

Artificial Inteligence, Conventional Energy, Energy Topics & Technology, Geothermal, Latest, Natural Gas, Renewable Energy, US News / By

(Reuters) – Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas. Meta  and Alphabet’s  Google are among the tech companies partnering with startups proposing to produce geothermal electricity, to power their data centers. Large …

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2025 May Be Painful for Renewable Energy But Some Opportunities Exist

Latest, Renewable Energy, Solar, US News, Wind / By

(Reuters Breakingviews) – On the face of it, 2025 is shaping up to be a stinker for renewable energy. The planet seems ever further from restricting global warming to a manageable 1.5 degrees Celsius level, and the election of Donald Trump as U.S. president means that the world’s biggest economy will visibly retreat from the …

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Biden’s $400 Billion Green Bank Gets Ready for Trump

Latest, Renewable Energy, Solar, US News / By

With President-elect Donald Trump’s inauguration less than a month away, the Energy Department is getting clean tech loans finalized. Today’s newsletter looks at who’s getting loans — and how Trump can remake the office.  Dude where’s my loan? By Ari Natter and David R. Baker US President Joe Biden’s $400 billion green bank has just weeks to close billions …

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GE Vernova Expects More Trouble for Struggling Offshore Wind Industry

Latest, Renewable Energy, US News, Wind / By

It looks easy enough: Ask ChatGPT something, and it responds. But pull back the curtain, and you’ll find that every ChatGPT prompt and Microsoft Copilot task consumes vast resources. Millions of human beings engineering, correcting and training models. Enough terawatt-hours of electricity to power countries. Data center mega­campuses around the world. Power line networks and …

GE Vernova Expects More Trouble for Struggling Offshore Wind Industry Read More »

Shale Drilling Techniques Could Lead to a Geothermal Surge, IEA Says

Geothermal, Latest, Renewable Energy, US News / By

Summary Geothermal energy in its infancy Shale drilling drew opposition from environmental campaigners More than $1 trillion in investment needed (Reuters) – The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which in theory could provide a stable source of power equal to …

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Acadia, Companies Eye $9 Billion U.S. Renewables Roll-Out

Latest, Renewable Energy, Solar, US News, Wind / By

Summary Acadia Infrastructure Capital launches new coalition Microsoft helps back first green energy project Looks to tap more companies; bolster local communities (Reuters) – U.S. investor Acadia Infrastructure Capital and companies including Microsoft  are looking to help develop a $9 billion pipeline of renewable energy projects across the country, the project lead told Reuters. Launching the …

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GE Vernova Sees ‘Humble’ Wind Orders as Data Centers Favor Gas

Latest, Renewable Energy, US News, Wind / By

‘Gas is well suited for’ data centers’ 24/7 power needs: CEO Strazik is ‘cautious’ on when onshore wind will improve The head of GE Vernova Inc., which makes equipment for wind farms and gas-fired power plants, said electricity demand to run data centers is favoring the fossil fuel over the renewable energy source — at least, …

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BP Cuts Offshore Wind Spending Plans in Tie-Up With Jera

CDN and International News, Latest, Renewable Energy, Wind / By

Companies to invest up to $5.8 billion on entity through 2030 Offshore wind has struggled as costs soared in recent years BP Plc and Jera Co., Japan’s biggest electricity producer, will merge their offshore wind businesses as the British oil major seeks to cut its exposure to the troubled green power sector. The new company — JERA …

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Denmark Disappointed After Offshore Wind Tender Draws No Bids

CDN and International News, Latest, Renewable Energy, Wind / By

COPENHAGEN, Dec 5 (Reuters) – Denmark’s latest offshore wind farm tender in the North Sea has failed to attract any bids, authorities said on Thursday, in a further setback for the industry. After a year of challenges, the global offshore wind industry no longer has much prospect of hitting the lofty targets set by governments …

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