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Last summer was the hottest in two millennia. We won’t get any relief this year.
An overwhelming majority of Americans will experience above-average heat this summer, and temperatures in more than half of the contiguous United States are expected to top the historical average by at least 2 degrees Fahrenheit, according to AccuWeather. New York is expected to endure twice as many 90-plus-degree days as last year; Boston could experience up to four times as many.
Americans got a taste of what’s to come this week, with a blistering heat wave that began in the Southwest and has scorched the East Coast for the past three days. That heat may have come early based on the historical averages, but considering more recent trends, it’s right on track.
“The biggest changes that we have seen in recent decades is that the heat wave season has been expanding, starting earlier in the late spring and ending later into early fall, on average,” AccuWeather Senior Meteorologist Brett Anderson told Heatmap.
The northern Rockies, Great Lakes, and the Northeast are areas of particular concern, Paul Pastelok, AccuWeather’s Lead Long-Range Forecaster, told Heatmap. Those regions will likely experience less precipitation and more intense heat this summer compared to their historical average. “The Northern Plains and Upper Midwest are tricky,” Pastelok said. “Right now, this area is getting rain, but this could cut off by the very end of June into July, and turn around to dryness with the heat following.”
While temperatures will most likely peak in the interior Southwest — Nevada, Arizona, and New Mexico — by early July, the region can expect temperatures between 112 and 118 degrees until then. Monsoon season, which brings warm winds and rainfall inland, will likely arrive in late July instead of the usual late June, Pastelok said. Peak heat could come much later — anytime between July and September — for those in the Great Lakes, the Ohio Valley, and the Northeast.
The biggest “warm anomalies” are expected in the Southwest and central Rockies, the Great Lakes, the Ohio Valley and the Northeast, according Tom Kines, a senior meteorologist at AccuWeather. “We are looking at anomalies for the entire summer of +4 degrees (F) which is pretty significant over a 3 month period,” Kines wrote in an email to Heatmap.
Heat won’t be the only extreme weather this season. Drought could be severe, particularly in the Southwest — including parts of Texas, Oklahoma, and Kansas, where rainfall could come in below 50% of the historical average. That dry spell could intensify over the northern Plains, Great Lakes, and the Northeast later in the summer. The Gulf Coast, meanwhile, can anticipate a staggering 22 to 36 inches of rain this season — compared to its usual 15 to 24 inches — which will likely make flooding an issue.
After a wetter winter, meteorologists anticipated a slow start to the wildfire season in California and the Southwest. In fact, the number of wildfires this year is expected to come in below average: AccuWeather meteorologists predict 35,000 to 50,000 wildfires this year, compared to a historical average of about 69,000. Yet the fires in California also seem to have picked up speed a little earlier than normal. Last week saw more than two dozen fires in the state, perhaps heralding increased fire activity to come.
So how will we deal with all this? Northern cities, especially, tend to be less equipped to deal with extreme summer heat. In Boston, temperatures reached a record-breaking 98 degrees on Wednesday, a day after Mayor Michelle Wu declared a heat emergency. The city opened cooling centers this week in an attempt to minimize the number of heat-related medical emergencies.
Boston Green New Deal Director Oliver Sellers-Garcia told Heatmap that the city is bringing more government agencies into the heat management effort. The Fire and Parks departments plan to set up misting stations, and the city will continue to provide extra pop-up cooling centers in coordination with Boston’s Centers for Youth and Families. Those strategies, Sellers-Garcia said, “can have an instant benefit for someone, whether it’s just a super hot day and they have to get to work or it’s a declared heat wave.”
In Florida, people are used to chronic heat, Miami-Dade County’s Chief Heat Officer Jane Gilbert told Heatmap. Last year the county had 42 heat advisories (which happens when the thermometer reaches 105) and 70 warnings (110), Gilbert said, and this season is already proving more intense: May was the warmest ever on record in the state. To protect residents, the county has established a comprehensive public awareness campaign that targets those most affected by the heat, including outdoor workers, children, pregnant women, the elderly, and people with chronic illnesses. It also runs more than 30 cooling centers.
According to Gilbert, the goal is to educate people about the extent of heat impacts so they can make better choices — drink more water, find shade, limit physical activity — and protect their health. “We haven’t fully appreciated, historically as a community, how it impacts our lives,” she said.
Here’s what’s happened so far ...
June 24: On Juneteenth, over 82 million Americans were under active National Weather Service extreme heat alerts — but, due to the national holiday, many publicly operated cooling centers were closed. While Boston had opened 14 new facilities in partnership with the Centers for Youth and Families, for instance, none of them stayed open Wednesday.
The same thing happened in New York, where more than 200 cooling centers were closed for the holiday, most of them libraries. While other heat preparedness measures were still in place — Gov. Kathy Hochul announced free admission for state parks — residents counting on a facility near home had to change plans last minute. On Sunday, New York turned 45 public schools into cooling centers, this time because the public libraries were closed due to budget cuts.
In Chicago, only one cooling center was open during the holiday. The lack of cooling spaces available sparked action from homelessness advocates, who are urging the city to offer more cooling centers that are open 24/7 and also to make those facilities available when the heat index is above 80 degrees Fahrenheit.
Because cooling centers are often multi-purpose spaces, data on their usage is limited. In Boston, 245 people visited cooling centers from June 18 to 20, the mayor’s office told me. New York City’s Department of Emergency Management could only say that six people visited four of the schools open Sunday.
June 21: Communities from Kansas to Maine experienced record-breaking temperatures, with heat indices above 100 degrees Fahrenheit in some places. Cities including Philadelphia, Cleveland, and Burlington, Vermont opened cooling centers, and Boston and New York activated heat emergency plans. Schools in Buffalo, New York moved to half-day schedules for the week in response to temperature advisories.
The heat wave was expected to hold into the weekend, increasing the risk of emergencies. But ensuring that at-risk residents are aware of public services and heat mitigation strategies is often more difficult than simply providing amenities like cooling centers and air conditioners, Benjamin Zaitchik, a professor of climate dynamics at Johns Hopkins University, told Heatmap. “Preventing heat deaths — in principle, at least — is easy,” Zaitchik said. “It just requires good planning, good communication, good networks.”
The same heatwave afflicted much of the Southwestern United States the week before. Temperatures in Phoenix and Las Vegas exceeded 110 degrees, breaking records and prompting cities to issue heat advisories covering tens of millions of people. At a Trump rally in Las Vegas, 24 people received treatment for heat-related complications and six were hospitalized, The Guardianreported.
June 14-19:More than 1,000 people died during the sacred Muslim pilgrimage known as the hajj as extreme heat gripped Saudi Arabia in mid-June. In Mecca, where temperatures exceed 120 degrees Fahrenheit, worshippers gripped umbrellas and water bottles to combat the heat. A study from 2019 predicted that hajj conditions would exceed an “extreme danger heat threshold” more frequently in the coming decades, especially when the pilgrimage — which is scheduled according to the lunar calendar — coincides with the warmer months of the year.
The death toll was about five times higher than last year, according to CNN.
June 10: Passengers on a Qatar Airways flight passed out from heat as their plane sat on the tarmac at Athens International Airport. Flight 204, which was delayed for three hours with passengers stuck inside, experienced a malfunction in its air conditioning. Two days later, authorities shut down the Acropolis for five hours due to the 102 degree weather, which marked Greece’s earliest heat wave on record. Many schools were also closed for the day, and several air-conditioned spaces were opened to the public. Greece’s Health Ministry advised older people and those with chronic illnesses to stay indoors.
The intense weather continued throughout the weekend, and at least five tourists were reported to have died due to extreme heat.
Other parts of Southern Europe, such as Cyprus and Turk, have also suffered through heat waves this year. During the second week of June, temperatures in Cyprus exceeded 104 degrees every day and classes ended early. On June 14, some areas experienced their hottest June day ever, reaching 113 degrees. That same week, Turkey also battled record temperatures — they were 8 to 12 degrees higher than the average for the season.
May and June: Both Mexico and India faced extreme temperatures during national elections.
Record-breaking heat waves have scorched Mexico since late March, causing blackouts, wildfires, heat strokes, and animal deaths. On May 25, Mexico City set a new heat record, with the temperature there surpassing 94.4 degrees, while other cities in the country registered even higher temperatures — well above 115 degrees. As of June 12, at least 125 deaths had been attributed to the heat, which has been made worse by an intense drought linked to El Niño. With reservoirs at less than 27% capacity, millions could run out of water by the end of this month.
World Weather Attribution, a research group that analyzes the degree to which climate change is causing extreme weather events, estimated that global warming has made extreme temperatures in the region 35 times more likely. “These trends will continue with future warming and events like the one observed in 2024 will be very common” in a world where average temperatures are 2 degrees Celsius higher than pre-industrial levels, the group stated in a release.
Despite sweltering conditions, about 100 million voters elected Claudia Sheinbaum, Mexico’s first female president, on June 2. In her victory speech, Sheinbaum, a climate scientist with a focus on energy engineering, said she will work to maintain the country’s energy sovereignty. While Sheinbaum has vouched to expand the country’s renewable energy, she has also been criticized for her support of Pemex, the state-owned oil company.
Two days later, on June 4, India re-elected Prime Minister Narendra Modi for a third term during the country’s longest-ever heatwave. By the time the weeks-long voting process wrapped, extreme heat had killed more than 100 people. In Uttar Pradesh, at least 33 poll workers died in a single day, CNN reported. In response, local governments have imposed measures to prevent water waste and protect construction workers. Yet, according to analysis by the Centre for Policy Research found in 2023, most of India’s heatwave policies are underfunded and fail to target the country’s most vulnerable groups.
More extreme weather hammered Mexico beginning June 20 as tropical storm Alberto brought torrential rain and flooding to the country’s east. AccuWeather meteorologists said the storm is just the start of a predicted intense hurricane season in the area. Most of India is still under heatwave alerts, but the weather is set to improve in the next few days as the monsoon finally advances after a week-long delay.
May: Scarce rainfall and soaring heat have led to drought conditions that are threatening China’s food production and water supply. The provinces of Shandong and Henan — crucial to the country’s wheat production — are some of the most affected, and the State Flood Control and Drought Relief Headquarters has dispatched two disaster relief guidance teams. New technology, such as multi-functional seeders, and multiple reservoirs have been deployed to ameliorate conditions.
Also on Wednesday, the China Meteorological Administration reported that several regional weather stations recorded the highest temperatures ever in mid-June. Conditions are expected to worsen, as some Chinese provinces are expected to reach 111 degrees this week.
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On power plant emissions, Fervo, and a UK nuclear plant
Current conditions: A week into Atlantic hurricane season, development in the basin looks “unfavorable through June” • Canadian wildfires have already burned more land than the annual average, at over 3.1 million hectares so far• Rescue efforts resumed Wednesday in the search for a school bus swept away by flash floods in the Eastern Cape province of South Africa.
EPA
The Environmental Protection Agency plans to announce on Wednesday the rollback of two major Biden-era power plant regulations, administration insiders told Bloomberg and Politico. The EPA will reportedly argue that the prior administration’s rules curbing carbon dioxide emissions at coal and gas plants were misplaced because the emissions “do not contribute significantly to dangerous pollution,” per The Guardian, despite research showing that the U.S. power sector has contributed 5% of all planet-warming pollution since 1990. The government will also reportedly argue that the carbon capture technology proposed by the prior administration to curb CO2 emissions at power plants is unproven and costly.
Similarly, the administration plans to soften limits on mercury emissions, which are released by burning coal, arguing that the Biden administration “improperly targeted coal-fire power plants” when it strengthened existing regulations in 2024. Per a document reviewed by The New York Times, the EPA’s proposal will “loosen emissions limits for toxic substances such as lead, nickel, and arsenic by 67%,” and for mercury at some coal power plants by as much as 70%. “Reversing these protections will take lives, drive up costs, and worsen the climate crisis,” Climate Action Campaign Director Margie Alt said in a statement. “Instead of protecting American families, [President] Trump and [EPA Administrator Lee] Zeldin are turning their backs on science and the public to side with big polluters.”
Fervo Energy announced Wednesday morning that it has secured $206 million in financing for its 400-megawatt Cape Station geothermal project in southwest Utah. The bulk of the new funding, $100 million, comes from the Breakthrough Energy Catalyst program.
Fervo’s announcement follows on the heels of the company’s Tuesday announcement that it had drilled its hottest and deepest well yet — at 15,000 feet and 500 degrees Fahrenheit — in just 16 days. As my colleague Katie Brigham reports, Fervo’s progress represents “an all too rare phenomenon: A first-of-a-kind clean energy project that has remained on track to hit its deadlines while securing the trust of institutional investors, who are often wary of betting on novel infrastructure projects.” Read her full report on the clean energy startup’s news here.
The United Kingdom said Tuesday that it will move forward with plans to construct a $19 billion nuclear power station in southwest England. Sizewell C, planned for coastal Suffolk, is expected to create 10,000 jobs and power 6 million homes, The New York Times reports. Sizewell would be only the second nuclear power plant to be built in the UK in over two decades; the country generates approximately 14% of its total electricity supply through nuclear energy. Critics, however, have pointed unfavorably to the other nuclear plant under construction in the UK, Hinkley Point C, which has experienced multiple delays and escalating costs throughout its development. “For those who have followed Sizewell’s progress over the years, there was a glaring omission in the announcement,” one columnist wrote for The Guardian. “What will consumers pay for Sizewell’s electricity? Will it still be substantially cheaper in real terms than the juice that will be generated at Hinkley Point C in Somerset?” The UK additionally announced this week that it has chosen Rolls-Royce as the “preferred bidder” to build the country’s first three small modular nuclear reactors.
The European Union on Tuesday proposed a ban on transactions with Nord Stream 1 and 2 as part of a new package of sanctions aimed at Russia, Bloomberg reports. “We want peace for Ukraine,” the president of the European Commission, Ursula von der Leyen, said at a news conference in Brussels. “Therefore, we are ramping up pressure on Russia, because strength is the only language that Russia will understand.” The package would also lower the price cap on Russian oil to $45 a barrel, down from $60 a barrel, von der Leyen said, as well as crack down on Moscow’s “shadow fleet” of vessels used to transport sanctioned products like crude oil. The EU’s 27 member states need to unanimously agree to the package for it to be adopted; their next meeting is on June 23.
The world’s oceans hit their second-highest temperature ever in May, according to the European Union’s Earth observation program Copernicus. The average sea surface temperature for the month was 20.79 degrees Celsius, just 0.14 degrees below May 2024’s record. Last year’s marine heat had been partly driven by El Niño in the Pacific, so the fact that the oceans remain warm in 2025 is alarming, Copernicus senior scientist Julien Nicolas told the Financial Times. “As sea surface temperatures rise, the ocean’s capacity to absorb carbon diminishes, potentially accelerating the build-up of greenhouse gases in the atmosphere and intensifying future climate warming,” he said. In some areas around the UK and Ireland, the sea surface temperature is as high as 4 degrees Celsius above average.
Image: Todd Cravens/Unsplash
The Pacific Island nation of Tonga is poised to become the first country to recognize whales as legal persons — including by appointing them (human) representatives in court. “The time has come to recognize whales not merely as resources but as sentient beings with inherent rights,” Tongan Princess Angelika Lātūfuipeka Tukuʻaho said in comments delivered ahead of the U.N. Ocean Conference in Nice, France.
Microsoft, Amazon, Google, and the rest only have so much political capital to spend.
When Donald Trump first became a serious Presidential candidate in 2015, many big tech leaders sounded the alarm. When the U.S. threatened to exit the Paris Agreement for the first time, companies including Google, Microsoft, Apple, and Facebook (now Meta) took out full page ads in The New York Times and The Wall Street Journal urging Trump to stay in. He didn’t — and Elon Musk, in particular, was incensed.
But by the time specific climate legislation — namely the Inflation Reduction Act — was up for debate in 2022, these companies had largely clammed up. When Trump exited Paris once more, the response was markedly muted.
Now that the IRA’s tax credits face clear and present threats, this same story is playing out again. As the Senate makes its changes to the House’s proposed budget bill, tech giants such as Microsoft, Google, Meta, and Amazon are keeping quiet, at least publicly, about their lobbying efforts. Most did not respond to my request for an interview or a statement clarifying their position, except to say they had “nothing to share on this topic,” as Microsoft did.
That’s not to say they have no opinion about the fate of clean energy tax credits. Microsoft, Google, Meta, and Amazon have all voluntarily set ambitious net-zero emissions targets that they’re struggling to meet, largely due to booming data center electricity demand. They’re some of the biggest buyers of solar and wind energy, and are investing heavily in nuclear and geothermal. (On Wednesday morning, Pennsylvania’s Talen Energy announced an expanded power purchase agreement with Amazon, for nearly 2 gigawatts of power through 2042.) All of these energy sources are a whole lot more accessible with tax credits than without.
There’s little doubt the tech companies would prefer an abundant supply of cheap, clean energy. Exactly how much they’re willing to fight for it is the real question.
The answer may come down to priorities. “It’s hard to overstate how much this race for AI has just completely changed the business models and the way that these big tech companies are thinking about investment,” Jeff Navin, co-founder of the climate-focused government affairs firm Boundary Stone Partners, told me. “While they’re obviously going to be impacted by the price of energy, I think they’re even more interested and concerned about how quickly they can get energy built so that they can build these data centers.”
The tech industry has shown much more reluctance to stand up to Trump, period, this time around. As the president has moved from a political outsider to the central figure in the Republican party, hyperscalers have increasingly curried his favor as they advocate against actions that could pose an existential risk to their business — think tighter regulations on the tech sector or AI, or tariffs on key supplies made in Asia.
As Navin put it to me, “When you have a president who has very strong opinions on wind turbines and randomly throws companies’ names in tweets in the middle of the night, do you really want to stick your neck out and take on something that the president views as unpopular if you’ve got other business in front of him that could be more impactful for your bottom line?”
It is undeniably true that the AI-driven data center boom is pushing these companies to look for new sources of clean power. Last week Meta signed a major nuclear deal with Constellation Energy. Microsoft is also partnering with Constellation to reopen Three Mile Island, while Google and Amazon have both announced investments in companies developing small modular reactors. Meta, Google, and Microsoft are also investing in next-generation geothermal energy startups.
But while the companies are eager to tout these partnerships, Navin suspects most of their energy lobbying is now being directed towards efforts such as permitting reform and building out transmission infrastructure. Publicly available lobbying records confirm that these are indeed focus areas, as they’re critical to bringing data centers online quickly, regardless of how they’re powered and whether that power is subsidized. “They’re not going to stop construction on an energy project that has access to electricity just because that electricity is marginally more expensive,” Navin told me. “There’s just too much at stake.”
Tech companies have lobbied on numerous budget, tax, sustainability, and clean energy issues thus far this year. Amazon’s lobbying report is the only one to specifically call out efforts on “renewable energy tax credits,” while Meta cites “renewable energy policy” and Microsoft name-drops the IRA. But there’s no hard and fast standard for how companies describe the issues they’re lobbying on or what they’re looking to achieve. And perhaps most importantly, the reports don’t disclose how much money they allot to each issue, which would illuminate their priorities.
Lobbying can also happen indirectly, via industry groups such as the Clean Energy Buyers Association and the Data Center Coalition. Both have been vocal advocates for preserving the tax credits. The Wall Street Journal recently detailed a lobbying push by the latter — which counts Microsoft, Amazon, Meta, and Google among its most prominent members — that involved meetings with about 30 Republican senators and a letter to Senate Majority Leader John Thune.
DCC didn’t respond to my request for an interview. But CEBA CEO Rich Powell told me, “If we take away these incentives right now, just as we’re getting the rust off the gears and getting back into growth mode for the electricity economy, we’re really concerned about price spikes.”
The leader of another industry group, Advanced Energy United, shared Powell’s concern that passing the bill would mean higher electricity prices. Taking away clean energy incentives would ”fundamentally undercut the financing structure for — let’s be frank — the vast majority of projects in the interconnection queue today,” Harry Godfrey, the managing director of AEU, told me.
Being part of an industry association is by no means a guarantee of political alignment on every issue. Microsoft, Google, Meta, and Amazon are also members of the U.S. Chamber of Commerce — by far the largest lobbying group in the U.S. — which has a long history of opposing climate action and the IRA itself. Apple even left the Chamber in 2009 due to its climate policy stances.
But Powell and Godfrey implied that the tech giants' views are — or at least ought to be — in alignment with theirs. “Many of our members are lobbying independently. Many of them are lobbying alongside us. And then many of them are supporting CEBA to go and lobby on this,” Powell told me, though he wouldn’t reveal what actions any specific hyperscalers were taking.
Godfrey said that AEU’s positions are “certainly reflective of what large energy consumers, notably tech companies, have been working to pursue across a variety of technologies and with applicability to a couple of different types of credits.”
And yet hyperscalers may have already spent a good deal of their political capital fighting for a niche provision in the House’s version of the budget bill, which bans state-level AI regulation for a decade. That would make the AI boom infinitely easier for tech companies, who don’t want to deal with a patchwork of varying regulations, or really most regulations at all.
On top of everything else, big tech in particular is dealing with government-led anti-trust lawsuits, both at home and abroad. Google recently lost two major cases to the Department of Justice, related to its search and advertising business. A final decision is pending regarding the Federal Trade Commission’s antitrust lawsuit against Meta, regarding the company’s acquisition of Instagram and WhatsApp. Not to be outdone, Amazon will also be fighting an antitrust case brought by the FTC next year.
As these companies work to convince the public, politicians, and the courts that they’re not monopolistic rule-breakers, and that AI is a benevolent technology that the U.S. must develop before China, they certainly seem to be relinquishing the clean energy mantle they once sought to carry, at least rhetorically. We’ll know more once all these data centers come online. But if the present is any indication, speed, not green electrons, is the North Star.
Editor’s note: This story has been updated to reflect Amazon’s power purchase agreement with Talen Energy.
The new funding comes as tax credits for geothermal hang in the balance.
The good news is pouring in for the next-generation geothermal developer Fervo Energy. On Tuesday the company reported that it was able to drill its deepest and hottest geothermal well to date in a mere 16 days. Now on Wednesday, the company is announcing an additional $206 million in financing for its Cape Station project in Utah.
With this latest tranche of funding, the firm’s 500-megawatt development in rural Beaver County is on track to deliver 24/7 clean power to the grid beginning in 2026, reaching full operation in 2028. The development is shaping up to be an all-too-rare phenomenon: A first-of-a-kind clean energy project that has remained on track to hit its deadlines while securing the trust of institutional investors, who are often wary of betting on novel infrastructure projects.
The bulk of this latest financing comes from the Bill Gates-backed Breakthrough Energy Catalyst program, which provided $100 million in project-level equity funding. The energy and commodity trading company Mercuria provided $60 million in corporate loans, increasing its existing fixed-term loan from $40 million to $100 million. An additional $45.6 million in short-term debt financing came from XRL-ALC, an affiliate of X-Caliber Rural Capital, which provides loans to infrastructure projects in rural areas. That comes on top of a previous $100 million loan from the firm.
The plan is for Cape Station to deliver 100 megawatts of grid power in 2026, with the additional 400 megawatts by 2028. The facility has the necessary permitting to expand production to two gigawatts — twice the size of a standard nuclear reactor. And on Monday, the company announced that an independent report from the consulting firm DeGolyer & MacNaughton confirms that the project could expand further still — eventually supporting over 5 gigawatts of clean power at depths of up to 13,000 feet. The company’s latest drilling results, which reached 15,765 feet at 520 degrees Fahrenheit, could push the project’s potential power output even higher.
Traditional geothermal wells normally max out at around 10,000 feet, and must be built in locations where a lucky confluence of geological features come together: high temperatures, porous rock, and naturally occurring water or steam. But because Fervo can drill thousands of feet deeper, it’s able to access hot rocks in locations that weren’t previously suitable for geothermal development, pumping high-pressure water down into the wells to fracture rocks and thus create its own geothermal reservoirs.
The primary customer for Fervo’s Cape Station project is Southern California Edison, which signed a 320-megawatt power purchase agreement with the company last year, advertised as the largest geothermal PPA ever. Shell was also announced as a customer this year. Fervo is already providing 3.5 megawatts of power to Google via a pilot project in Nevada, which it’s seeking to expand, entering into a 115 megawatt PPA with NV Energy and the tech giant to further build out production at this location.
Fervo’s latest funding comes on top of last February’s $244 million Series D round led by Devon Energy, as well as an additional $255 million in corporate equity and debt financing that it announced last December. On top of investments from well known climate tech venture firms such as Breakthrough Energy Ventures and Galvanize Climate Solutions, the company has secured institutional investment from Liberty Mutual as well as public pension funds such as the California State Teachers’ Retirement System and the Canada Pension Plan Investment Board.
Fervo, like all clean energy startups, also stands to benefit greatly from the Inflation Reduction Act’s clean energy tax credits, which are now in jeopardy as President Trump’s One Big, Beautiful Bill works its way through the Senate. While Secretary of Energy Chris Wright has traditionally been a booster of geothermal energy and is advocating to keep tax incentives for the technology in place through 2031, the bill as it stands would essentially erase incentives for all geothermal projects that start construction more than 60 days after the bill’s passage.
Fervo broke ground on Cape Station in 2023, so that project will make the cut. For future Fervo developments, it’s much less clear. But for now, the company seems to be flush with cash and potential in a climate tech world awash in ill omens.