Renewable Energy

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US Northeast Electricity Imports from Canada Drop, EIA Reports

Electricity imports from Canada into New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE) have dropped due to drought conditions in Canada and lower U.S. Northeast electricity demand, the U.S. Energy Information Administration (EIA) said in a report on Friday. The EIA noted that from January to August 2025, imports into …

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COMMENTARY: UK Gas Traders Need to Watch How the Wind Blows This Winter

By Gavin Maguire LITTLETON, Colorado, Sept 16 (Reuters) – The outlook for wind speeds around the United Kingdom this autumn and winter will likely be decisive for the UK’s gas market over the coming months, with potentially far-reaching consequences for Europe’s gas and power arenas. Any extension of the below-normal wind farm output seen so …

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HEADWINDS AHEAD: US Asks Federal Court to Cancel Permit for Maryland Offshore Wind Farm

(Reuters) – The Trump administration asked a federal judge to cancel the 2024 approval of a wind farm off the coast of Maryland, saying former U.S. President Joe Biden’s administration had underestimated threats it would cause to search and rescue operations and commercial fisheries, according to court documents filed on Friday. If approved by the court, the …

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COMMENTARY: Oil Boom Conceals a Green Energy Jackpot

(Reuters Breakingviews) – The fracking boom has already delivered one titanic surprise, making the United States the world’s largest oil producer in recent years. Long considered an environmental villain, this technology may have one more unexpected twist in store, inadvertently serving as a tool for accessing carbon-free electricity while undercutting costly alternatives like nuclear power. …

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US Solar Installation Forecast Slashed Due to Trump Policies, Report Says

(Reuters) – The U.S. solar industry is at risk of installing 27% less capacity between 2026 and 2030 than before the passage of President Donald Trump’s tax law that rolled back subsidies for such projects, a key trade group said in a report on Monday. WHY IT’S IMPORTANT The forecast by the Solar Energy Industries …

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Baker Hughes Joins Giant California Geothermal Power Project

By Laila Kearney Baker Hughes to collaborate on 500-megawatt project Geothermal energy gains interest from Big Tech for AI power needs CTR’s Hell’s Kitchen project spans 4,500 acres near Salton Sea Baker Hughes to help raise capital for Hell’s Kitchen project NEW YORK, Sept 9 (Reuters) – U.S. oilfield services firm Baker Hughes (BKR.O) is …

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BlackRock’s GIP Sees ‘Enormous’ Opportunity in Geothermal Energy

By Ishika Mookerjee Clean energy projects focused on geothermal and nuclear power have the potential to unlock huge returns for investors, according to an executive at BlackRock Inc.’s Global Infrastructure Partners. “Geothermal is a part of energy dominance, nuclear is a part of energy dominance,” said Salim Samaha, head of transition fund at the infrastructure investor, which …

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Orsted Wins Approval for Emergency Rights Issue as Trump Threatens US Projects

Summary Orsted shareholders back $9.4 billion rights issue Group’s two US projects at risk in Trump’s war on wind power S&P Global warns equity raise offers limited relief from credit pressures Orsted’s shares down 85% from 2021 peak COPENHAGEN, Sept 5 (Reuters) – Danish offshore wind developer Orsted secured shareholder approval on Friday for a $9.4 …

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Trump Supports Nuclear Power as it is ‘More American’ Than Wind, Solar, US Official Says

 The Trump administration is more willing to support loan guarantees and tax breaks for nuclear power than for wind and solar because it is “more American” than those forms of energy, the director of the U.S. Energy Dominance Council said on Thursday. Jarrod Agen said nuclear power is more likely to be made from U.S.-made …

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Equinor to Inject Nearly $1 Billion into Orsted Following US Setbacks Under Trump

Summary Equinor supports Orsted’s rights issue Will subscribe for shares worth up to $941 million Says it sees value in strategic collaboration with Orsted Will nominate candidate to Orsted’s board Orsted shares rise 4.7% COPENHAGEN/OSLO, Sept 1 (Reuters) – Norway’s Equinor  will pump nearly $1 billion into Orsted’s  emergency fundraising it said on Monday, bolstering the Danish offshore wind …

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