An unprecedented investment is needed to refit fossil-era grids for renewables and surging electrification. Analysts warn the cost will fall on consumers.
The commission met workers who expressed concerns they face a ‘cliff edge,’ rather than a managed and supported transition into the renewable energy sector.
While federal support may keep some power plants open, natural gas, steel uncertainty, and population decline are the main threats to Monongahela Valley coal.
An expert says recent oil company spending cuts are a short- to mid-term response to global growth uncertainty, geopolitical tensions, and investment shifts.
House panels get first glimpse of Department of Energy’s $45 billion spending request, which is nearly 10-percent less than this year’s enacted budget.
The utility giant’s commercial power load grew by 12.4 percent year over year in the first quarter, with hyperscale data centers set to boost demand further.