“The global energy transition survived the first Trump administration, and it will survive the second, too,” Eurasia Group explained in its outlook for 2025. “The difference is that while in 2017 the global energy transition was just leaving the station, heading into 2025 it has reached escape velocity.”
Renewables, especially solar, are the cheapest option for renewables in most countries. Projections suggest a sizeable cost savings, in trillions of dollars, by 2035.
Chris Wright laid out his priorities, such as restoring "energy dominance," increasing innovation and cutting red tape, during a nearly three-hour confirmation hearing.
With few clouds, vast empty deserts and a well-developed electricity grid, Egypt has all the elements for a huge expansion in solar power generation. But it is only now moving to exploit them, after the cost of natural gas imports jumped.
Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.
The City of Eagle Mountain is looking into opening the door to advanced technologies to meet the needs of the growing city and future demands for energy, such as small nuclear reactors and natural gas power plants.
Deals involving the data center sector are occurring regularly, as tech companies make moves to ensure they have a reliable supply of power for their
President-elect Donald Trump’s nominee to lead the Department of Energy said the most urgent energy problem facing the United States is an aging electrical grid badly in need of revitalization.
Natural gas capex will continue to be driven by the need to replace mature gas distribution infrastructure over the long term, in line with state and federal safety mandates.
Chris Wright, President-elect Donald Trump’s pick to lead the Department of Energy, pledged to make keeping the nation’s lights on his No. 1 priority during his Senate Energy and Natural Resources Committee confirmation hearing on Wednesday.
Chris Wright, President-elect Donald Trump’s pick for energy secretary, told senators during his confirmation hearing Wednesday that he would promote all sources of American energy, while also acknowledging the burning of fossil fuels causes climate