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Municipal Electricity Generation Gets Big Push From Federal Regulations

Hawaii has been at the forefront of the push for municipal electric utilities to expand their generation capacity, thanks to federal regulations that encourage private investment in renewable energy projects. The state's efforts aim to reduce reliance on fossil fuels and lower greenhouse gas emissions, aligning with President Biden's climate agenda. Municipalities are also exploring community solar programs to benefit local residents.

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China Announces Plans for Major Renewable Projects to Tackle Climate Change Δ1.72

China has announced a package of major renewable energy projects aimed at peaking its carbon emissions before 2030 and becoming carbon neutral by 2060. The country plans to develop new offshore wind farms, accelerate the construction of "new energy bases" across its desert areas, and construct a direct power transmission route connecting Tibet with Hong Kong, Macao, and Guangdong in the southeast. However, despite these ambitious plans, China's economy is struggling to become more energy efficient, leaving analysts questioning whether the country can meet its environmental targets.

Households Near New Pylons to Get Hundreds Off Energy Bills Δ1.72

The UK government plans to offer households living near new or upgraded pylons discounts of up to £2,500 over ten years to alleviate opposition to essential energy infrastructure projects. This initiative, part of the upcoming Planning and Infrastructure Bill, aims to expedite the development of clean energy sources while providing financial benefits to affected communities. Critics argue that monetary compensation cannot adequately address the aesthetic and environmental impacts of such developments, suggesting alternative investments in local amenities may be more beneficial.

Boosting Eu Ev Demand, Local Battery Requirements Δ1.72

The European Commission is set to unveil measures aimed at increasing demand for electric vehicles (EVs) in the EU by boosting incentives for companies to switch to EVs, setting stricter emissions standards, and requiring more local battery production to ensure a competitive supply chain. The proposed plan includes local content requirements for car battery production, which would incentivize domestic investment and reduce dependence on imported batteries. The EU executive also plans to introduce financial support for battery-recycling facilities to minimize waste and promote sustainability.

Ontario's Doug Ford Says He Could Cut Electricity to US over Tariffs Δ1.72

Doug Ford has threatened to cut off power supply to the US if President Donald Trump continues with tariffs against Canada, in a move that could have significant implications for energy trade between the two countries. The Ontario premier has announced a retaliatory plan, including a 25% surcharge on Canadian electricity exports to three US states: Michigan, New York and Minnesota. This measure is aimed at punishing the US for imposing tariffs on Canadian goods, but it also risks disrupting the power supply to millions of Americans in those states.

Gm's Electric Gains Face Critical Test as Trump Targets Ev Subsidies Δ1.71

General Motors has significantly increased its share of U.S. electric vehicle sales, reaching 12% in 2024, thanks to a broad lineup of competitive models and aggressive pricing strategies. However, the future of this momentum is uncertain as former President Trump threatens to eliminate crucial EV subsidies and impose tariffs that could impact GM's production costs. As GM prepares to launch new models and aims for profitability in its EV sector, it faces a pivotal year that will test its commitment to an all-electric future.

Data, Waves and Wind to Be Counted in the Economy Δ1.71

Wind and wave power will be incorporated into national economic assessments for the first time, according to new changes approved by the United Nations. This update aims to reflect the growing importance of renewable resources and data as economic assets, which could potentially inflate the estimated size of economies like the UK's by 2-3% by 2030. While the changes are described as “tweaks” rather than a major overhaul, they may lead to increased government spending commitments based on a larger perceived economic base.

Us Ev Charging Landscape Takes Shape as Industry Consolidates Δ1.71

The US electric vehicle (EV) charging market is experiencing a significant transformation, with industry leaders adopting standardized connectors and expanding their networks. Tesla's decision to open up its proprietary connector to other manufacturers has led to the widespread adoption of the North American Charging Standard (NACS), which aims to simplify the charging experience for EV drivers. However, despite this progress, challenges persist, including the need for more reliable infrastructure and the ongoing struggle between established players and new entrants in the market.

Government Rolls Back EV Tax Exemption: A Major Blow to Electric Vehicle Sales Δ1.71

The government is ending the fringe benefits tax exemption for plug-in hybrid vehicles on April 1, just weeks before the change. The exemption was introduced in 2022 to encourage more people to transition from petrol and diesel cars. Without this subsidy, some are worried that electric vehicle sales will decline.

Hydrogen Accumulation in Grabens: A Promising Clean Energy Source? Δ1.70

Protium Clean Energy Corp. has announced further results from its satellite gas surveys over its Temiskaming Claim Block and surrounding areas, revealing potential for deep-sourced hydrogen accumulation. The surveys detected multiple gases, including helium, radon, methane, and carbon dioxide, as well as significant amounts of hydrogen in several regions. These findings suggest that grabens, elongated depressions bounded by parallel faults, may be favorable locations for natural hydrogen formation.

Us Epa Will Delay Midwest Ethanol Expansion in South Dakota, Ohio Δ1.70

The US Environmental Protection Agency has delayed its action to expand sales of higher ethanol blends of gasoline in South Dakota and Ohio, two Midwestern states that had requested a one-year postponement. The decision follows the agency's recent approval of year-round sales of gasoline containing 15% ethanol, but only applies to six states initially. This delay allows for further evaluation of the impact on the environment and public health.

J.P. Morgan Remains On The Sidelines For Plug Power - Here's Why Δ1.70

J.P. Morgan analyst Bill Peterson reiterated a Neutral rating on Plug Power, Inc., citing the company's revenue shortfall and customer warrant charges. Despite missing estimates, Peterson believes Plug Power can experience moderate growth in 2025 driven by increased material handling demand and margin improvements. The analyst remains cautiously optimistic about securing the DOE loan, but expects PLUG shares to remain range-bound until there is more clarity on the company's balance sheet and margin expansion.

‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’ Δ1.69

Advocates of the 'Startup Nation' initiative are engaging with Trump administration officials to promote the establishment of 'Freedom Cities' in the U.S., which would operate free from federal regulations. This movement, led by proponents of innovative urban development like Próspera, aims to create environments that encourage entrepreneurial growth and deregulated living. The discussions highlight a clash between traditional governance and emerging visions of autonomous urban spaces as a means to stimulate economic activity.

Mastec Beats Expectations as Clean Energy and Infrastructure Projects Drive Growth Δ1.69

MasTec's Q4 earnings and revenues beat estimates, driven by strong bookings of Clean Energy and Infrastructure projects, resulting in a nearly 2% increase in revenues year over year. The company delivered margin expansion that exceeded expectations, supported by strong execution. MasTec's diversified business model is expected to drive its performance in 2025 and beyond.

Protecting Your Power Station Investment for Long-Term Performance Δ1.69

Proper care and maintenance of your power station can significantly extend its lifespan and ensure it remains in top condition. By following these essential tips, you can avoid costly repairs, replacements, and accidents while maximizing the value of your investment. Regular checks and upkeep will help keep your power station performing reliably, even under heavy use. Additionally, some modern portable power stations require firmware updates to improve performance or address safety concerns.

Trump's Tariffs on Canada Could Make US Power Bills Even Pricier Δ1.69

The Trump administration's 10% energy tariff on Canadian electricity imports may exacerbate already strained U.S. power prices, particularly in the Northeast where reliance on Canadian supplies is higher. The U.S. grid operators are uncertain about the application of these tariffs to power, which could lead to significant reliability and wholesale market impacts. The potential for retaliatory measures from Canada could further disrupt a supply-and-demand balancing act that has kept blackouts at bay.

Boosting Eu Ev Demand, Local Battery Production Δ1.69

The European Commission will publish its automotive action plan next week to boost demand for electric vehicles (EVs) in the European Union and includes local content requirements for car battery production. The draft proposes measures to accelerate the uptake of EVs in fleets, incentivise purchases, and provide funding options for them. The EU executive aims to help ensure EU car producers can compete with more advanced Chinese and U.S. rivals.

Increased Power for Musk's Starlink Raises Concerns Δ1.69

The US Federal Communications Commission has approved higher power levels for Elon Musk's SpaceX Starlink service, despite objections from rival companies AT&T and Verizon. The decision allows Starlink to operate a direct-to-cell service with T-Mobile at higher power levels, which could result in harmful interference and impact their service in some areas. The FCC has set conditions to protect terrestrial wireless carrier operations.

Iraq Has No Immediate Alternative to Iranian Energy Imports Δ1.68

Iraq's reliance on Iranian energy imports poses a significant challenge for its electricity supply, particularly as summer approaches and domestic consumption peaks. Energy officials have indicated that without urgent alternatives, the country will struggle to meet its power demands following the recent U.S. decision to rescind a waiver that permitted Iraq to pay Iran for electricity. The situation highlights the precariousness of Iraq's energy infrastructure and its vulnerability to geopolitical tensions.

US Withholds From Plan to Help Major Polluters Move From Coal Δ1.68

The United States has withdrawn from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, several sources in key participating countries said. JETP, which consists of 10 donor nations, was first unveiled at the U.N. climate talks in Glasgow, Scotland in 2021, with South Africa, Indonesia, Vietnam and Senegal as its first beneficiaries. The decision marks a significant shift in the US's approach to global energy policy and raises concerns about the future of climate change mitigation efforts.

US Seeks Dominance in Critical Minerals Race Δ1.68

The US government aims to increase domestic production of critical minerals, which are essential for modern technologies such as semiconductors, aerospace, and defense systems. The country's reliance on China for these critical minerals has raised concerns about national security and supply chain vulnerabilities. By developing its own production capabilities, the US hopes to reduce its dependence on foreign sources and enhance its strategic position.

Power Largely Back After Outage Hit Honduras Δ1.68

Power was largely back in Honduras early Saturday afternoon, after a blackout struck the country earlier, Ministry of Energy Erick Tejada said. The national power disruption affected Honduras with a total blackout in the control area of the country, but 90% of energy demand is now reportedly restored. Information is still being gathered to find the origin of the failure that led to the outage.

The Clean Energy Industry Faces Significant Headwinds. Δ1.68

The clean energy industry is facing several challenges, including a barrage of political headwinds in the US, a war-fueled energy crisis, and stubbornly high interest rates, which have led to a decline in green asset values. Despite these headwinds, Gupta argues that the long-term need for a clean-energy transition remains, and his hedge fund is focused on finding corners of the market where supply-demand dynamics will drive up prices.

Trump Says Japan, South Korea Want to Partner with U.S. in Alaska Pipeline Δ1.68

U.S. President Donald Trump announced that Japan, South Korea, and other countries are interested in investing "trillions of dollars" in a large natural gas pipeline project in Alaska, which he claims would be one of the largest globally. Discussions have begun among South Korean officials and U.S. representatives to explore the feasibility of the liquefied natural gas project, with a focus on mutual economic interests and potential tariff negotiations. Japanese Prime Minister Shigeru Ishiba has indicated that increasing U.S. energy imports could benefit both nations by stabilizing Japan's energy supply and addressing the U.S. trade deficit.

Sunnova Stock Hits All-Time Low on 'Going Concern' Warning Δ1.68

Sunnova Energy International has announced that it may not be able to continue as a "going concern" in a year due to financial difficulties, which have led to its shares losing nearly two-thirds of their value. The solar power company's declining demand for alternative energy products has resulted in a 13% decrease in solar energy system and product sales revenue for fiscal 2024. Sunnova has taken steps to address its financial condition, including mandating domestic content for dealers and raising prices.

Senate Republicans Push to Codify DOGE Cuts After Musk Meeting Δ1.68

U.S. Senate Republicans pushed for the U.S. Congress to codify spending cuts identified by billionaire Elon Musk's Department of Government Efficiency on Wednesday, after the Supreme Court declined to let President Donald Trump withhold payments to foreign aid organizations. This move aims to formalize the spending reductions into law, preventing potential future disputes over their implementation. The proposal also seeks to address public concerns about the DOGE's methods and ensure accountability for its actions. Senate Republicans acknowledged that the Supreme Court ruling does not bode well for White House hopes of taking unilateral action on spending cuts.