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Climate

AM Briefing: A Deadline Blown​

On the delayed Vineyard Wind 1 project, modular nuclear reactors, and America's sinking cities

Briefing image.
AM Briefing: BYD vs. Tesla
Heatmap Illustration/Getty Images

Current conditions: Parts of northern France are flooded after Storm Henk • China confirmed 2023 broke extreme heat records • A California-bound ship carrying 800 metric tons of lithium batteries is stuck in Alaska, riding out a major winter storm.

THE TOP FIVE

1. Tesla and Rivian release Q4 sales numbers

Tesla and Rivian yesterday reported their production and sales figures for the final three months of 2023: Tesla delivered 484,507, besting expectations. Rivian, a newcomer still trying to secure itself a foothold in the market, delivered 13,972 cars over the same time period, missing estimates by a hair. “The two companies’ numbers serve as snapshots of both the promise and peril of auto electrification as we roll into 2024,” writes Matthew Zeitlin at Heatmap. Tesla, having been overtaken by BYD in the global EV market, must now focus on scaling beyond the early EV adopters. Rivian, however, is at a very different stage, Zeitlin says: “not the early days of using investor money to develop a new vehicle, but the next stage, where you have an actual car to sell but you have to figure out a way to make money doing it.”

2. Vineyard Wind 1 project misses 2023 grid deadline

One of America’s first large-scale offshore wind farms missed its deadline to start supplying energy to the grid by the end of 2023. The Vineyard Wind 1 project is situated about 15 miles south of Martha’s Vineyard and will eventually consist of 62 turbines that can power more than 400,000 homes and businesses in Massachusetts. Its first five turbines have been installed, and things were looking good for a December 31 launch. But at the very last minute a spokesperson said the project needed more testing. No timeline was given but the spokesperson said the goal was to “deliver power to shore soon.” The project was supposed to be fully operational by the middle of 2024 but developers have now “clarified” that the timeline is sometime within 2024. In December, the South Fork Wind project in New York became the first utility-scale offshore wind farm to generate power in the U.S.

3. U.K. fossil fuel electricity generation drops to 66-year low

The amount of the United Kingdom’s electricity that came from fossil fuels dropped by 22% last year to the lowest level since 1957, according to CarbonBrief. Electricity from coal, oil, and gas peaked in 2008 but has since plummeted thanks to the rapid expansion of renewables like wind and solar, a drop in electricity demand, and a boost in electricity imports. Coal use is down 97% since 2008; gas is down by 45%. Meanwhile, renewables output has increased six-fold, and last year renewable energy was the UK’s single largest source of power. “Overall, the electricity generated in the UK in 2023 had the lowest-ever carbon intensity,” CarbonBrief concludes.

On the flip side, UK power generation from nuclear plants dropped to a 42-year low last year as old stations were decommissioned. Without more nuclear power to fall back on during cloudy or wind-free days, the country may have to rely more on fossil fuels, explains Bloomberg.

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  • 4. Wyoming carbon removal project would rely on small modular nuclear reactors

    A major carbon removal project planned for Wyoming would rely on small modular nuclear reactors – a new kind of nuclear power plant that has never been built in the U.S. – prompting concerns about its feasibility, reports E&E News. Climate tech startup CarbonCapture recently received more than $10 million from the Department of Energy to explore plans for a direct air capture hub in Wyoming, dubbed “Project Bison.” Scientists say removing carbon from the air is necessary to help fight global warming. Small modular reactors could, in theory, provide carbon capture facilities with emissions-free power, but the nation’s first small modular reactors were axed last year as costs spiraled out of control. “It adds complication upon complication,” says Wil Burns, co-director of American University’s Institute for Carbon Removal Law and Policy. “You’re starting off with a complex new technology, and now you’re trying to wed another complex technology, including one that’s in transition.”

    CarbonCapture

    5. Study: Major East Coast cities are sinking

    New research from Virginia Tech and the U.S. Geological Survey finds that major cities on the East Coast – from New York to Virginia Beach – are sinking. The team analyzed satellite data to spot land subsidence and found that some areas are sinking by as much as 5 millimeters per year. This subsidence, when combined with sea level rise caused by climate change, means essential structures like roads to airports are at risk in many major U.S. cities. “The problem is that the hotspots of sinking land intersect directly with population and infrastructure hubs," says lead author Leonard Ohenhen.

    THE KICKER

    If you’re a journalist seeking comment on last year’s record temperatures, look no further than climate scientist Andrew Dressler’s “last year was hot” auto-response:

    X/AndrewDressler

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    Energy

    Is Burying a Nuclear Reactor Worth It?

    Deep Fission says that building small reactors underground is both safer and cheaper. Others have their doubts.

    Burying an atom.
    Heatmap Illustration/Getty Images

    In 1981, two years after the accident at Three Mile Island sent fears over the potential risks of atomic energy skyrocketing, Westinghouse looked into what it would take to build a reactor 2,100 feet underground, insulating its radioactive material in an envelope of dirt. The United States’ leading reactor developer wasn’t responsible for the plant that partially melted down in Pennsylvania, but the company was grappling with new regulations that came as a result of the incident. The concept went nowhere.

    More than a decade later, the esteemed nuclear physicist Edward Teller resurfaced the idea in a 1995 paper that once again attracted little actual interest from the industry — that is, until 2006, when Lowell Wood, a physicist at the Lawrence Livermore National Laboratory, proposed building an underground reactor to Bill Gates, who considered but ultimately abandoned the design at his nuclear startup, TerraPower.

    Keep reading...Show less
    Green
    AM Briefing

    AM Briefing: Cheap Crude

    On energy efficiency rules, Chinese nuclear, and Japan’s first offshore wind

    An oil field.
    Heatmap Illustration/Getty Images

    Current conditions: Warm air headed northward up the East Coast is set to collide with cold air headed southward over the Great Lakes and Northeast, bringing snowfall followed by higher temperatures later in the week • A cold front is stirring up a dense fog in northwest India • Unusually frigid Arctic air in Europe is causing temperatures across northwest Africa to plunge to double-digit degrees below seasonal norms, with Algiers at just over 50 degrees Fahrenheit this week.


    THE TOP FIVE

    1. Crude prices fell in 2025 amid oversupply, complicating Venezuela’s future

    A chart showing average monthly spot prices for Brent crude oil throughout 2025.EIA

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    Blue
    Podcast

    Why Trump’s Oil Imperialism Might Be a Tough Sell for Actual Oil Companies

    Rob talks about the removal of Venezuela’s Nicolás Maduro with Commodity Context’s Rory Johnston.

    Pete Hegseth, John Ratcliffe, and Donald Trump.
    Heatmap Illustration/Getty Images

    Over the weekend, the U.S. military entered Venezuela and captured its president, Nicolás Maduro, and his wife. Maduro will now face drug and gun charges in New York, and some members of the Trump administration have described the operation as a law enforcement mission.

    President Donald Trump has taken a different tack. He has justified the operation by asserting that America is going to “take over” Venezuela’s oil reserves, even suggesting that oil companies might foot the bill for the broader occupation and rebuilding effort. Trump officials have told oil companies that the U.S. might not help them recover lost assets unless they fund the American effort now, according to Politico.

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