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The Latest Breaking News from Energy

Elon Musk's Hits Back At Energy Secretary, Chris Wright With A Two-Word Reply After His 'Worthless' Wind And Solar Energy Remark

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has fired back at the U.S. Department of Energy’s recent controversial statement about renewable energy, emphasizing the significance of large-scale batteries in the renewable energy sector.

Benzinga

Trump’s energy department said wind and solar energy capacity is ‘worthless’ without sunlight or wind. Elon Musk reminds DoE about batteries: ‘Um… hello?’

Musk touted a massive energy storage project in Australia designed to stabilize the grid and expand renewable use.

Fortune

Democrats seek to capitalize on climbing energy bills - Roll Call

Trump administration officials acknowledge growing consumer concern about energy costs, blame intermittent wind and solar energy.

Roll Call

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‘The dumbest government tweet ever’: Dept of Energy has somehow never heard of batteries

Just when you think Trump's goons can't get any dumber...

We Got This Covered

White House embraces density concept in developing energy policy - Roll Call

Some Republicans from districts with a lot of renewable energy projects say they prefer more of an “all-of-the-above” approach.

Roll Call

Winds of change: reforms coming for renewable energy

Offshore wind technology could give Australia's renewable energy a significant boost but projects are facing headwinds, both locally and abroad.

AAP

Big Tech Titans Including Nvidia, Google And Bill Gates Back $863 Million Bet On Nuclear Fusion As Next Energy Revolution

The future of energy just got a massive boost from Silicon Valley’s biggest players. Nuclear fusion company Commonwealth Fusion Systems announced on Aug. 28 that it secured $863 million in Series B2 funding, with AI giant Nvidia (NASDAQ:NVDA) joining as a first-time investor.

Benzinga

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“We’re going to get blamed because we’re in office”: Energy Secretary admits rising electric bills are becoming major political headache for Trump

Even his own Energy Secretary admits they're screwed on this one.

We Got This Covered

Nuclear Expansion Faces Uranium Crunch By 2030

The global nuclear energy leaders have met in London, where the World Nuclear Association (WNA) is currently hosting its 50th Symposium. According to these experts, the electricity consumption by data centers next year will be roughly equivalent to that of the country of Japan.

Benzinga

Trump nixes $679m in funding for offshore wind farms amid fossil fuel push

The cancellation is Trump’s latest move against renewable energy, which the US president has dismissed a ‘scam’.

Al Jazeera

'Bullied and exploited': dying man lashes energy group

An energy authority has come under fire over its tactics in trying to acquire a property from a dying man as part of a major transmission line project.

AAP

Trump reports distort science to justify rollback of key climate protections, experts warn

From sea ice mix-ups to wildfire distortions, scientists say the reports misled on climate dangers.

Euronews

Energy standing charge fiasco highlights failure of utility regulation

Excessive standing charges are “free money” for suppliers

Evening Standard

Why are energy bills rising again and what can I do about it?

Ofgem’s price cap is rising to £1,755 from the current £1,720 for an average household per year from October 1.

Evening Standard

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The Independent UK

Scientists give harsh grades to Trump administration work aimed at undoing a key climate finding

Scientists are criticizing two key documents from the Trump administration that challenge the idea that climate change endangers the public

The Independent UK

Trump blames renewable energy for rising electricity prices. Experts point elsewhere

President Donald Trump is blaming renewable energy sources such as wind and solar power for skyrocketing energy costs

The National (Scotland)

Octopus Energy boss weighs in on SNP call to pause renewable projects in Scotland

AN SNP branch’s call for a pause to renewables projects until zonal pricing is implemented should act as a “wake-up call” to the UK…

AAP

Renewable transmission plan expands, cost to double

One of Australia's largest renewable energy transmission projects faces a cost blowout with expanded areas of land for solar, battery and wind.

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MarketBeat

The Midstream Energy Play That Keeps Powering Higher

As the energy sector struggles, some midstream companies are still performing well while paying exceptionally high dividends.

Reason

The Department of Energy Just Admitted Climate Change May Not Be Catastrophic

A report affirms that greenhouse gases are warming the planet, but it also found no convincing evidence that U.S. hurricanes, tornadoes, floods, or droughts have become more frequent or intense in recent decades.

Fortune

Trump’s war against wind extends into electric transmission projects

Trump’s war against wind has extended into electric transmission projects.

Benzinga

DOE Unveils Fresh $1 Billion Funding To Boost US Critical Minerals

The U.S. Department of Energy (DOE) has announced plans to issue nearly $1 billion in funding opportunities to scale mining, processing, and manufacturing technologies for critical minerals and materials. This plan follows President Donald Trump’s Unleashing American Energy executive order, aiming to strengthen domestic supply chains essential for energy, defense,…

Benzinga

Centrus Energy Stock Is Sliding After The Bell: What's Fueling The Sell-Off?

Centrus Energy Corp (AMEX LEU) shares are trading lower in after-hours on Tuesday after the company announced a private offering of convertible notes.

The Conversation

4 laws that could stymie the Trump EPA’s plan to rescind the endangerment finding, central to US climate policies

The Trump administration’s plan to unravel many of the nation’s climate policies hinges on rescinding what’s known as the endangerment finding. But its strategy for doing that appears to run afoul of several federal laws.

Benzinga

This Congressman Bought Uranium Stocks Weeks Before A 40% Rally—While Serving On 6 Energy Committees, Co-Chairing The 'Advanced Nuclear Caucus'

An unusually well-timed trade by Rep. Chuck Fleischmann (R-Tenn.) is raising eyebrows, given the massive conflict of interest it represents.

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