trump

The outlook for the power generation sector in 2025 promises a continuation of the energy transition, though there’s plenty of debate about the direction of the industry. Advocates for renewable energy, particularly in the U.S., are concerned about how the incoming Trump administration—with its support for fossil fuels—could impact the growth of clean technologies. Utilities […]

The U.S. Department of Energy’s (DOE’s) Loan Programs Office (LPO) has announced a conditional commitment for a loan guarantee of up to $15 billion to Pacific Gas & Electric, (PG&E), the natural gas and electric utility serving Northern and Central California. It’s the largest loan guarantee ever for the LPO, which under the Biden administration […]

President-elect Donald Trump’s transition team has made the U.S. energy industry a focus of its plans for his first days in office, with analysts and energy experts expecting a rollback of environmental regulations for coal- and natural gas-fired power plants. That may have some utilities rethinking their strategies about the scheduled closure of some fossil […]

European energy major Equinor said it is cutting 20% of the workforce, or about 250 jobs, in its renewable energy division due to continued economic challenges. The Norway-based company said the layoffs are part of the company’s effort to streamline its operations. Equinor in recent months has canceled offshore wind projects in several countries, including […]

An analysis from global data and analytics group Wood Mackenzie says Republican control of the White House and Congress means U.S. energy policy will move away from net-zero emissions targets, but there remains bipartisan support for the Inflation Reduction Act (IRA). The group also said competitive economics for renewable power resources mean the energy transition […]

President-elect Donald Trump announced that Chris Wright, the CEO and founder of Denver, Colorado-based Liberty Energy, will lead the Department of Energy (DOE) in the new administration. “I am thrilled to announce that Chris Wright will be joining my Administration as both United States Secretary of Energy, and Member of the newly formed Council of […]

An offshore wind farm in the southern part of the North Sea will feature turbines from Siemens Gamesa after the company signed a supply agreement with ScottishPower. The deal announced Nov. 11 is for 64 of Siemens Gamesa’s SG 14-236 DD turbines that will be installed at East Anglia TWO, a wind farm located just […]

With the 2024 U.S. presidential election rapidly approaching, energy mergers and acquisitions (M&A) professionals are considering how a new presidency could impact the transaction planning, structuring and execution of deals, including how the candidates are likely to approach regulation, especially around M&A. Both candidates are prioritizing different energy subsectors as part of their economic vision […]

President Biden signed the Inflation Reduction Act (IRA) into law in 2022. The IRA is the largest public investments in renewable energy in American history and created more than 20 different tax incentives for renewable energy and related manufacturing. Certain Republic politicians have directed vitriol at the IRA. However, even if Republicans win the White […]

A new U.S. president will be inaugurated in less than five months. Polls show the race between Donald Trump and Kamala Harris to be very close, with potentially only a few swing states deciding the election. While energy policy may not be a deciding factor for many Americans in choosing who they will vote for, […]