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Semafor Energy
🟡 Semafor Energy: Trump voters like solar
A new poll shows Donald Trump supporters overwhelmingly support greater use of solar power.
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Battery storage prices drop to record low, report finds
Costs were higher for other energy technologies, according to BloombergNEF’s latest report.
Mike Blake/Reuters
Perch Energy buys Solstice, deepening US community solar push
Perch Energy’s CEO Bruce Stewart spoke to Semafor about the firm’s purchase of Solstice.
EV sales drop caused decline in US clean investments, report finds
US clean investment experienced its largest quarterly drop in nearly a decade.
Evelyn Hockstein/File Photo/Reuters
Trump voters support solar power expansion, poll finds
75% of Trump supporters agree that “solar energy should be used in the US to strengthen and increase our energy supply.”
Nathan Frandino/Reuters
Environmental groups sue EPA over endangerment finding repeal
The “endangerment finding” undergirds most US climate regulation.
Jim Urquhart/File Photo/Reuters
Trump tests the ‘Houthi paradox’
Donald Trump’s brinkmanship with Iran will test how much pressure the global oil market can withstand before American consumers start to pay the price.
Stringer/File Photo/Reuters
EV carmakers register $65 billion in write-offs globally
The overhaul in EV investments follow a pivot in US climate policy and an overstated enthusiasm for the green transition.
Trump stalls vote on bipartisan Russia sanctions bill
Two senior Democratic senators warned of Trump’s stalling during a visit to Kyiv.
Google launches AI-driven product for grid improvement
The technology uses fiber-optic sensors to capture data about real-time activity and strain on power lines.
Trump’s climate policy experiment
Trump’s latest policy moves set up an interesting test of the power of different styles of government intervention to actually drive decarbonization.
Exelon’s controversial play for affordable electricity
The Midwestern utility giant wants permission to get back in the game of making its own power.
Fewer experts see climate change as global security threat, survey finds
In an Atlantic Council survey of nearly 450 experts, shared first with Semafor, 80% expect the world to become hotter over the next decade.
Trump orders Pentagon to buy power from coal plants
It’s the latest effort by the White House to revive the dirtiest and most expensive fossil fuel.
US energy secretary visits Venezuela to assess oil industry
The first steps are underway, including an overhaul of Venezuelan law to curb state-owned PDVSA’s control.
Rubio turns up the heat on Europe
This year’s Munich Security Conference will test how willing the EU is to risk closer energy ties with the US.
China emissions flat or falling for two years, study finds
The numbers, alongside China’s economic growth, imply that its carbon intensity — emissions divided by GDP — is down 12% over the period 2020-2025.
Global electricity demand to surge through 2030, report finds
Despite a boom in electricity demand, emissions should remain relatively flat thanks to progress being made on renewables, according to the IEA.
Washington ramps up pressure on Russian oil exports
On Monday, US forces intercepted another tanker allegedly part of Russia’s sanctions-dodging “shadow fleet.”