French hydro power just had its lowest July output in a decade due to lingering effects of droughts and hot temperatures 🌡️ in the spring and summer 🇫🇷 In contrast, last year had seen some of the highest hydro output in the last decade.

Record momentum for UK battery storage! Planning approvals hitting new highs amid a surge in apps for renewables. 100+ battery storage filings April-June 2025: 8.4 GW—double last year. Year to June: 30 GW across ~400 schemes. UK needs 23-27 GW by 2030 (from 6 GW now)—if delivered, we're there.

Germany moves to fast-track geothermal energy projects reut.rs/3HcQGrk

"If greenfield power plants take two and half to three years to get built and you cannot get a gas turbine until 2030, when are you going to be online?  In 2032 or 2033. I have data centers hoping to open in 2026 and 2027. How are we going to bridge this?" www.projectfinance.law/publications...

New tariff executive order just released, and the official start date for tariffs was pushed to next week from instead of tomorrow, but we're raising tariffs for roughly 68 countries plus the EU, with some tariffs now as high as 41%. Literally Liberation Day 2 Electric Boogaloo.

We were first to report at @status.news last week that Colbert and Jon Stewart were on thin ice with the Paramount-Skydance merger imminent. www.status.news/p/skydance-c...

EXCLUSIVE: Solar and wind energy projects must now get the Interior Secretary’s personal sign-off to receive permits across the hundreds of millions of federal acres under his department’s control. ​​The Interior directive puts wind and solar projects under heightened scrutiny.

Mass layoffs in the US power sector begin following the Big Beautiful Bill: -20% RIF yesterday at New Leaf Energy -15% RIF today at Pine Gate Renewables -Enel suggesting potential exit from US renewable market More likely to come, along with project delays and cancellations

So I spent 24 hours talking to lots of X power users about what it would take for them to leave and come here after MechaHitler. It’s actually pretty simple: 1) Private accounts. 2) DM group chats. 3) How-to guides on using the site. @bsky.app should do this stuff.

Trump announces 30% tariffs on EU and Mexico reut.rs/3TARKb6

Sunnova solar assets stable, paying interest, while bankruptcy continues #energysky -- via pv magazine global: www.pv-magazine.com/...

NEW: Tucked inside the GOP mega-bill is an excise tax for solar and wind. And Republicans say they have no idea who put this provision in, or why. "I don't know where it came from," Senate Budget Chair Lindsey Graham, who released the bill, tells NBC News. www.nbcnews.com/politics/con...

Senate Republicans stunned the power industry over the weekend with a proposed new tax on wind and solar projects, part of a broader push to unravel incentives for renewable energy.

BREAKING: US Director of Federal Housing Pulte: Today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.

The wait time for a gas turbine in the U.S. is now up to *7 years*

Solar + storage is now $104 per MWh in Las Vegas or similar regions for nearly 100% clean firm power. There is no way new nuclear can compete with this. Even new gas plants will struggle and that is assuming access to cheap gas over the life-cycle of the plant, which is kind of a crazy gamble TBH.

NEW: UK govt "10-year infrastructure strategy" has a full chapter on "becoming a clean energy superpower" It's actually much broader than that, summarising everything govt is doing to decarbonise the UK economy, from power to heat, transport and waste assets.publishing.se...

Back in February, Plug Power CEO Andy Marsh told us that Congress wouldn’t do...exactly what it looks like Congress is trying to do sherwood.news/markets/plug... $PLUG

My lens is admittedly myopic, focused on EVs, critical minerals, and supply chains generally…but I have a few early observations from my first readthrough. Quick 🧵

The Senate Finance committee just dropped their draft text for the Republican budget bill. www.finance.senate.gov/chairmans-ne... Like the House, it is hot trash and terrible for America. But it is marginally better for clean energy credits. Some key details... 🔌💡 🔌🚗

🇳🇴 Norway is supporting the construction of potentially the world’s biggest electric container ships 🚢🔋, amongst other vessels. The two ships, which are capable of carrying 850 containers, will sail between Norway, Sweden and Germany with a 100 MWh battery.

full list of canceled awards here....

Foreign tax provision in Trump budget bill spooks Wall Street https://www.ft.com/content/b400009a-9a0e-4ee0-b6ed-2a25c2de0d8f

Here is a rundown of exactly how the GOP proposal would change every clean energy tax credit. While it looks like a bunch of nips and tucks, it's probably more akin to a full repeal. More analysis from us to come. heatmap.news/politics/way...

Good morning with good news: Average price of lithium ion battery packs plunged to $115 USD/kWh in 2024, a 20% cost reduction from 2023. and down 84% from a decade ago. So, battery deployment skyrocketed 67%/year over the last decade to 69 GW in 2024. #energysky ember-energy.org/app/uploads/...

The House Republican's budget bill is starting to drop. It extends trillions in tax cuts for the wealthy while effectively crippling US manufacturing & energy industries and raising energy costs. It's effectively full repeal of the IRA. Here's tax portion waysandmeans.house.gov/wp-content/u... 🔌💡

Quick thoughts on the revised Budget's impact on IRA now that we have the draft from Ways & Means. Highlights: - Phase out ITC and PTC now starting in 2029 - Kills 25D residential credit by end of year - Ends Tax credit transfer ! - Kills 30D EV credit by end of year www.reuters.com/sustainabili...

It is very clear now that unusual trading before news is happening. Take Friday. Right before close, in the FINAL MINUTES of the market, traders bought MILLIONS in $SPY calls, the largest volumes of days. These calls were all OTM, expirying the next Wednesday & Friday (!!!).

NEW ANALYSIS: our policy team has rapidly analyzed the most recently released portion of the GOP's proposed spending bill. Here's what they found—and why the sweeping cuts will harm your pocketbooks, health, and our planet. ⬇️ www.evergreenaction.com/press/rapid-...

Amazing! ERCOT (most of Texas) will double its solar capacity from ~28 GW in 2024 to ~56 GW or even more in 2027! ERCOT quadrupled its solar capacity from 2020 to 2024 to reach ~28 GW. Credit to Jesse Peltan. #energysky

Batteries are rewriting the rules of grid stability in Texas. New data shows battery storage now dominates ERCOT’s ancillary services: 🔋 Over 50% of awards for Regulation Up & Responsive Reserves gone to batteries since 2022. 🛢️ Coal & gas? Routinely below 20%. Not just a shift but a revolution.

PJM, the nation's largest electricity market, has approved a plan to allow 33 gas-fired power plants to jump the interconnection queue to meet the explosive demand growth caused by data centers. No solar & only one wind project selected. www.eenews.net/articles/pjm...

BREAKING NEWS: Warren Buffett shocks shareholders by announcing his intention to retire from Berkshire Hathaway at the end of the year.

Jobs day charts! 1/ A solid nonfarm payrolls gain (+177K) in April (mid-April to be precise), with about -58K in net revisions to the prior two months. We're averaging about 150K in NFP gains per month.

This is all very weedy and the attached press release seems to be talking about goods above $800, but @wallachlori.bsky.social is the most knowledgeable source here and she says it's a full cave. Thread on X is here. x.com/WallachLori/...

US economic growth contracted by 0.3% in the first quarter, falling considerably short of Wall Street consensus estimates reut.rs/3YQiNSE

have to imagine this is the kiss of death for most of the EV charger startup companies but long term excellent news for EVs in general youtu.be/_UIVp8Upvj8?...

My first piece for @latitudemedia.bsky.social is out. It's about the four bills in California that aim to make the state the No. 1 destination for geothermal developers. www.latitudemedia.com/news/why-cal...

Lots of great details in @semaforben.bsky.social's latest; extremely helpful for mapping out who is influencing whom on the right. Have been thinking for a while that private groupchats are at least as crazymaking as public social media, and much harder to study.

😲 “We built our last gas-fired facility in 2022, at $785/kW. If we wanted to build that same gas-fired combined cycle unit today…$2,400/kW" - NextEra CEO John Ketchum gasoutlook.com/analysis/cos... 🔌💡

BREAKING: India says it has revoked all visas issued to Pakistani nationals following a deadly attack by gunmen in disputed Kashmir that killed 26 people, mostly tourists.

BREAKING: Pakistan cancels visas for Indian nationals, suspends trade, closes airspace after attack in disputed Kashmir

Oh it's a miss bb *TESLA 1Q ADJ EPS 27C, EST. 43C *TESLA 1Q REV. $19.34B, EST. $21.37B *TESLA: WILL REVISIT OUR 2025 GUIDANCE IN OUR Q2 UPDATE *TESLA: TARIFF LANDSCAPE TO HAVE A LARGER IMPACT ON ENERGY UNIT

SCOOP: The White House asked FERC Commissioner Willie Phillips to step aside, he told me today. He will step down effective immediately. His exit from the commission will allow President Donald Trump to tap a replacement commissioner. More for Pros: subscriber.politicopro.com/article/2025...

The key chart right now: Usually US economic pain is cushioned by falling bond yields and a strengthening dollar, which mean lower interest rates and more spending power for consumers. This time we’re seeing the opposite, meaning the pain will be amplified.

More details on the Anti-dumping/countervailing duty (AD/CVD) imposed on SE Asia Solar cells today (assembled into panels or not) Panels in china: 11cents/Watt, SE Asian Panels imported to US: 29c/W US panels: 40c/W SE Panels with AD/CVD: 80c/W Understanding US tariff policy day-to-day: 🤷

More big news - a SCOOP, if you will. Oxy has acquired another direct air capture startup, Holocene Climate. Holocene is very similar to Carbon Engineering, but its unique chemistry has much lower heat requirements. heatmap.news/climate-tech...

More from Bloomberg below on the latest sanction Trump has imposed on himself & America.

Interior Secretary Doug Burgum directed the Bureau of Ocean Energy Management on Wednesday to order foreign energy developer Equinor to cease all construction activities on its Empire Wind project freebeacon.com/energy/trump...

The Trump administration will soon simply declare that federal rules it dislikes are dead and stop enforcing them. Will industries make use of this radical license? Or will they think to the consequences of violating the will of the American people? www.nytimes.com/2025/04/15/u...