Bethesda, Md.-based uranium enrichment company Centrus Energy up more than 7% after getting $900 million. #LEU
05.01.2026 16:27
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Bethesda, Md.-based uranium enrichment company Centrus Energy up more than 7% after getting $900 million. #LEU
SCOOP: The US is awarding $2.7 billion to domestic to nuclear fuel makers as part of an effort to restart domestic production. #energysky
www.bloomberg.com/news/article...
🚨Breaking: Trump’s executive order directing government agencies to halt issuing new wind leases and permits was ruled illegal by a federal judge.
#energysky
www.bloomberg.com/news/article...
Planned natural gas and nuclear facilities make up about 14% of capacity.
Nearly 80% of the planned power plant capacity in the pipeline is tied to renewable sources. #energysky
Trump is looking to tap the nation’s network of large industrial diesel generators used at data centers, big box stores and elsewhere to help curb rising electricity costs and support the surge in power demand from artificial intelligence. #energysky
www.bloomberg.com/news/article...
The Energy Department’s iconic National Renewable Energy Laboratory will now be known as the National Laboratory of the Rockies. #energysky
www.bloomberg.com/news/article...
Trump’s Energy Department reorganization announced today nixed offices dedicated to clean energy and renewables and creates new ones dedicated to hydrocarbons and critical minerals. #energysky
www.bloomberg.com/news/article...
US negotiations with Saudi Arabia on a long-sought nuclear-technology-sharing deal have been completed, potentially opening the door for American companies to build reactors in the kingdom.
www.bloomberg.com/news/article...
Noting some details of this effort were reported previously by @maxinejoselow.bsky.social
and friends over at the NYT.
SCOOP w/ @josheidelson.bsky.social
RFK Jr. has ordered the Centers for Disease Control and Prevention to investigate offshore wind farms
#energysky
www.bloomberg.com/news/article...
energy policy in Washington
🚨Trump is opening the entire coastal plain of Alaska’s Arctic National Wildlife Refuge to oil and gas leasing, reversing a Biden administration decision that put the pristine wilderness area off limits.
#energysky
www.bloomberg.com/news/article...
SCOOP: The Trump administration has begun to refill the US's depleted strategic oil reserve, taking advantage of low oil prices to buy 1 million barrels.
www.bloomberg.com/news/article...
A non-energy story from me: Your Christmas beer could be the latest casualty of the US government shutdown.
🎁 www.bloomberg.com/news/article...
Furloughs for thousands of workers at the US at the federal agency responsible for maintaining and designing the nation’s nuclear weapons arsenal could begin as soon as Friday, Energy Secretary Chris Wright said.
www.bloomberg.com/news/article...
SCOOP: The Trump administration closed their first deal from the Energy Department’s loan program - $1.6 billion in financing for utility American Electric Power. #energysky
www.bloomberg.com/news/article...
The story comes a day after my colleague @arinatter.bsky.social broke the news that the US Energy Department plans to cancel $7.6 billion of projects. That includes an award for CarbonCapture's regional direct air capture hub project.
www.bloomberg.com/news/article...
Shares of Edison International, which operates Southern California Edison, dropped more than 4%.
SCOOP: The Trump administration’s plans to cancel billions of dollars for energy projects following the US government shutdown includes an $600 million initiative to upgrade electric transmission lines in California. #energysky
www.bloomberg.com/news/article...
SCOOP: The Trump administration canceling billions of dollars earmarked for hydrogen projects in California and the Pacific Northwest as it seeks to pressure Democrats in shutdown fight.
www.bloomberg.com/news/article...
The Trump administration plans to allow work on “priority conventional energy projects” to continue during the government shutdown, halting permitting for some renewable energy projects.
www.bloomberg.com/news/article... #energysky
Energy Secretary Wright, speaking on @bloombergtv.bsky.social, said the US would take a 5% stake in the Vancouver-based company, as well as a 5% stake in the company’s mining project.
SCOOP: The Trump administration has completed a deal to take an equity stake in Lithium America’s as part of a deal to renegotiate a $2.3 billion U.S. loan.
www.bloomberg.com/news/article...
NEW: Trump is announcing a sweeping effort to help US coal the includes hundreds of millions to help retrofit existing coal plants and build new projects, opening 13 million acres in leasing. #energysky
www.bloomberg.com/news/article...
New: The Trump administration plans to continue using emergency authority to stop coal-fired power plants from retiring, according to people familiar with the matter.
www.bloomberg.com/news/article...
Transmission costs are the fastest growing segment of power prices in many regions.
Nearly all of the electricity on the US's largest power grid comes from natural gas, nuclear reactors and coal.
That means Trump’s strategy of blaming renewable energy for surging electricity costs may have a hard time gaining traction.
Nowhere is that more apparent then on the nation's largest power grid, which stretches from Virginia to Illinois, where the cost of securing wholesale power supplies has been at a record for two straight years.
Despite a campaign pledge by Trump to halve power prices within 12 months of taking office, residential electricity prices have climbed about 10% from January until May and are projected to rise another 5.8% next year.
Surging utility bills in key battleground states are threatening to become a political liability for Republicans heading into upcoming elections.
🎁 www.bloomberg.com/news/article...