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Tariffs could add $500M to offshore wind project cost, says Dominion CEO
Dominion Energy estimates that by the end of Q2, the cost of its 2.6 GW Coastal Virginia Offshore Wind project will increase by at least $120 million due to new tariffs.
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The image by Peretzp is licensed under CC BY-SA 3.0
PSE&G open to utility-owned generation to tackle supply needs: CEO LaRossa
In the near term, New Jersey’s largest utility is eyeing options to help customers afford their electricity bills, which are poised to jump 17%, Ralph LaRossa said.
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Southern California Edison likely faces ‘material losses’ from Eaton Fire, CEO says
The utility plans to tap California's wildfire insurance fund to pay off most of the potential damages, company leaders said.
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Deep Dive
Will tariffs help or hurt the US energy storage industry? It’s complicated, experts say
Battery system costs have already soared past 2023 levels, one analyst says, but insiders are cautiously optimistic for a more resilient supply chain in the longer run.
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Equinor considers legal action over stop work order for Empire Wind project
“What is happening now around the project is dramatic. It is extraordinary and unprecedented,” said Equinor CEO Anders Opedal.
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Opinion
Why customer engagement is the key to VPP success
What if one of the most powerful tools for strengthening the grid is already in customers’ garages, basements, driveways and businesses?
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Policy uncertainty could trigger ‘recession’ for renewables, analyst says
A lack of clarity surrounding the future of tariffs and tax credits has triggered steep declines in funding and investment for renewable energy in the first quarter of 2025, according to Mercom Capital Group.
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Northeast states to seek transmission proposals between PJM, ISO-NE, New York
“There are likely low-hanging fruit, no-regrets interregional transmission projects that current transmission planning approaches are failing to identify,” Katie Dykes, a Connecticut official, said.
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Clean energy manufacturers cancel projects as Trump-era policies take hold
Companies canceled, closed or downsized nearly $8 billion in projects in Q1.
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US energy storage sector commits to $100B investment by 2030
The pledge represents a more than fivefold jump in “active investments” and could enable 100% U.S.-made supply for domestic battery storage projects, the American Clean Power Association said.
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MISO summer capacity prices jump to $666.50/MW-day as power supplies shrink
“The results reinforce the need to increase capacity, as demand is expected to grow with new large load additions,” the Midcontinent Independent System Operator said.
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Deep Dive
EPRI’s Open Power AI Consortium plans to fuel grid modernization with data sharing
Utilities, tech companies and regulators are facing a conundrum: Utilities want to use AI, but AI needs access to unavailable utility data to be effective.
Updated April 29, 2025 -
U.S. companies sign deal to help bring nuclear energy to Poland
“The U.S. nuclear relationship with Poland will tightly bind our nations through the next century,” said Energy Secretary Chris Wright.
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Renewable energy advocates see threats from Texas legislation
SB 819 would “represent a significant change to renewables development,” with new siting requirements for wind and solar, said law firm Vinson & Elkins.
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Opinion
Transmission at a crossroads: Policy must reflect today’s infrastructure needs
State and federal “rights-of-first-refusal” would re-establish certainty by relying on local transmission owners to promptly move ahead with needed power line projects.
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National Grid, Con Edison, other utilities urge FERC to consider gas pipeline reliability measures
“The challenges facing interstate pipelines … continue to intensify warranting greater regulatory involvement and standardization of practices,” the utilities said.
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Xcel Energy looks to limit wildfire liability, tariff impacts
Company leaders are calling for a federal solution to wildfire litigation as new theories emerge in cases against Xcel Energy in Colorado.
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Retrieved from Wikimedia Commons.Opinion
Trump’s battery tariffs threaten utility-scale storage and US grid reliability
The tariffs will not only affect procurement costs but could force utilities to turn back to natural gas capacity in the short term — undermining emissions goals and customer affordability strategies.
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FirstEnergy faces minimal direct tariff impact, but ‘uncertainty’ weighs on customers: CEO
PJM states will play a key role in meeting resource needs, per FirstEnergy’s Brian Tierney. “It’s leadership by the governors in the states that are going to address this problem most directly," he said.
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Texas House bill would create state nuclear office, funding program
If passed by the Texas Senate and signed into law, House Bill 14 would provide grants of up to $200 million for eligible advanced reactor construction projects.
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PG&E foresees ‘bright future’ with lower prices, higher demand
CEO Patti Poppe said the company expects new legislation to shore up California's wildfire insurance program this year.
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NextEra Energy CEO urges ‘energy pragmatism’ amid rising costs, demand
Plans for new natural gas generation could be harder hit by tariffs than solar or storage projects, CEO John Ketchum said.
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Lightshift to build 11-MW storage project for Virginia municipal utility
Danville Utilities intends to use the project to cut its peak demand in an effort to lower transmission and capacity charges by about $30 million.
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Smaller, public utilities see growth potential in data centers, but there are risks: APPA
Utility leaders can take steps to attract potentially lucrative large loads while mitigating risks for existing customers, the American Public Power Association says.
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Opinion
Carbon capture technology is ready. Permitting needs to catch up.
Ending the carbon dioxide injection well permit application backlog would unleash investment in America, creating tens of thousands of new jobs and strengthening America’s global competitiveness.