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A little insulation goes a long way toward decarbonizing.

When you think about ways to decarbonize, your mind will likely go straight to shiny new machines — an electric vehicle, solar panels, or an induction stove, perhaps. But let’s not forget the low-tech, low-hanging fruit: your home itself.
Adding insulation, fixing any gaps, cracks or leaks where air can get out, and perhaps installing energy efficient windows and doors are the necessary first steps to decarbonizing at home — though you may also want to consider a light-colored “cool roof,” which reflects sunlight to keep the home comfortable, and electric panel and wiring upgrades to support broader electrification efforts.
Getting started on one or multiple of these retrofits can be daunting — there’s lingo to be learned, audits to be performed, and various incentives to navigate. Luckily, Heatmap is here to help.
Cora Wyent is the Director of Research at Rewiring America, where she conducts research and analysis on how to rapidly electrify the entire economy.
Joseph Lstiburek is the founding principal at the Building Science Corporation, a consulting firm focused on designing and constructing energy efficient, durable, and economic buildings.
Lucy de Barbaro is the founder and director of Energy Efficiency Empowerment, a Pittsburgh-based organization that seeks to transform the home renovation process and help low and middle-income homeowners make energy efficiency improvements.
Definitively, yes! When people hear the word “insulation” they often think of how it can protect them from the cold. And while it certainly does do that, insulation’s overall role is to slow the transfer of heat both out of your home when it’s chilly and into your home when it’s hot. That means you won’t need to use your air conditioning as much during those scorching summer days or your furnace as much when the temperatures drop.
Quite possibly! The most definitive way to know if your home could be improved by weatherization is by getting a home energy audit —- more on that below. While a specific level of insulation is required for all newly constructed homes, these codes and standards are updated frequently. So if you’re feeling uncomfortable in your living space, or if you think your heating and cooling bills are unusually high, it’s definitely worth seeing what an expert thinks. And if you’re interested in getting electric appliances like a heat pump or induction stove, some wiring upgrades will almost certainly be necessary.
Energy efficient appliances like electric heat pumps or induction stoves are fantastic ways to decarbonize your life, but serve a fundamentally different purpose than most of the upgrades that we’re going to talk about here. When you get better air sealing, insulation, windows, or doors, what you’re doing is essentially regulating the temperature of your home, making you less reliant on energy intensive heating and cooling systems. And while this can certainly lead to savings on your energy bill and a positive impact on the environment at large, these upgrades will also allow you to simply live more comfortably.
This is the starting point for making informed decisions about any energy efficiency upgrades that you’re considering. During a home energy audit, a certified auditor (sometimes also referred to as an energy assessor or rater or verifier) will inspect your home to identify both the highest-impact and most cost-effective upgrades you can make, including how much you stand to save on your energy bills by doing so.
Wyent told me checking with your local utility is a good place to start, as many offer low-cost audits. Even if your utility doesn’t do energy assessments, they may be able to point you in the direction of local auditors or state-level resources and directories. The Residential Energy Services Network also provides a directory of certified assessors searchable by location, as does the Department of Energy’s Energy Score program, though neither list is comprehensive.
Audits typically cost between $200 and $700 depending on your home’s location, size, and type, as well as the scope of the audit. Homeowners can claim 30% of the cost of their audit on their federal taxes, up to $150. To be eligible, make sure you find a certified home energy auditor. The DOE provides a list of recognized certification programs.
Important: Make sure the auditor performs both a blower door test and a thermographic inspection. These diagnostic tools are key to determining where air leakage and heat loss/gain is occurring.
Your energy audit isn’t the only thing eligible for a credit. The 25C Energy Efficient Home Improvement Credit allows homeowners to claim up to 30% of the cost of a variety of home upgrades, up to a combined total of $1,200 per year. This covers upgrading your insulation, windows, doors, skylights, electrical wiring, and/or electrical panel. Getting an energy audit is also included in this category.
While $1,200 is the max amount you can claim for all retrofits combined, certain renovations come with their own specific limitations. Let’s break it down:
State and local incentives:
Depending on where you live, there may be additional state and local incentives, and we suggest asking your contractor what you are eligible for. But since incentive programs change frequently, it’s a good idea to do your own research too. Get acquainted with Energy Star, a joint program run by the Environmental Protection Agency and the DOE which provides information on energy efficient products, practices, and standards. On Energy Star’s website, you can search by zip code for utility rebates that can help you save on insulation, windows, and electrical work.
“Starting by looking at your local utility programs can be a great resource too, because utilities offer rebates or incentives for weatherizing your home or installing a new roof,” said Wyent.
Everyone wants to minimize the number of times they break open or drill into their walls. To that end, it’s useful to plan out all the upgrades you might want to get done over the next five to 10 years to figure out where efficiency might fit in.
Some primary examples: Installing appliances like a heat pump, induction stove, or Level 2 EV charger (all of which you can read more about in our other guides) often require electrical upgrades. Even if you don’t plan to get any of these new appliances now, pre-wiring your home to prepare for their installation (with the exception of a heat pump — see our heat pump guide for more info on that) will save you money later on.
De Barbaro also notes that if you’re planning to repaint your walls anytime soon, this would also be a convenient time to add insulation, as that involves drilling holes which then need to be patched and repainted anyway. Likewise, if you were already planning to replace your home’s siding, this would be a natural time to insulate. Finally, if you’re planning to get a heat pump in the coming years, getting better insulation now will ensure this system is maximally effective.
Conversely, if you’re cash-strapped, spreading out electrical and weatherization upgrades over the course of a few years allows you to claim the full $1,200 tax credit every year. Whether those tax savings are enough to cover the added contractor time and clean-up costs, though, will depend on the particulars of your situation.
“Come in with a plan and talk to the contractor about everything that you want to do in the future, not just immediately,” said Wyent.
Unlike solar installers, which are often associated with large regional and national companies, the world of weatherization and electrical upgrades is often much more localized, meaning you’ll need to do a bit of legwork to verify that the contractors and installers you come across are reliable.
Wyent told me she typically starts by asking friends, family, and neighbors for references, as well as turning to Google and Yelp reviews. Depending on where you live and what type of work you want done, your local utility may also offer incentives for weatherization and electrification upgrades, and can possibly provide a list of prescreened contractors who are licensed and insured for this type of work.
These questions will help you vet contractors and gain a better understanding of their process regardless of the type of renovation you’re pursuing.
Common wisdom says you should always get three quotes. But that doesn’t mean you should automatically choose the cheapest option. Lstiburek says the old adage applies: “If it sounds too good to be true, it's probably too good to be true.” Be sure that your contractors and installers are properly licensed and insured and read the fine print of your contract. Beyond this, how to find qualified professionals and what to ask largely depends on the type of upgrade you are pursuing. So let’s break it down, starting with the biggest bang for your buck.
Air sealing and insulating your home is usually the number one way to increase its energy efficiency. Energy Star says nine out of 10 homes are underinsulated, and many also have significant air leaks. In general, homes lose more heating and cooling energy through walls and attics than through windows and doors, so air sealing and adding insulation in key areas should be your first priority.
“People don't realize how collectively, small holes everywhere add up. So on average here in Pennsylvania, typically those holes would add up to the surface of three sheets of paper, continuously open to the outdoors,” said de Barbaro.
Determining where air is escaping is the purpose of the blower door test and the thermographic inspection, so after your energy audit you should have a good idea of where to begin with these retrofits. This guide from the Department of Energy is a great resource on all the places in a home one might consider insulating.
Choosing an insulation type:
Every home is different, and the type of insulation you choose will depend on a number of factors including where you’re insulating, whether that area is finished or unfinished, what R-Value is right for your climate, and your budget. You can check out this comprehensive list of different insulation types to learn about their respective advantages and use cases. But when it comes to attic rafters and exterior walls, De Barbaro said that one option rises above the rest.
“The magic word here is dense-packed cellulose insulation!” De Barbaro told me.
This type of insulation (which falls under the “loose fill and blown-in” category) is made from recycled paper products, meaning it has very low embodied carbon emissions. It’s also cheap and effective. For exterior walls and attic rafters, be sure to avoid loose-fill cellulose, as that can settle and become less effective over time — although for attic floors, loose-fill works well. Both are installed by drilling holes into the wall or floor space and blowing the insulation in under pressure.
We recommend discussing all of these options with your contractor, but here are the other materials you’re most likely to come across:
In addition to asking friends, family, and your local utility for contractor recommendations, Energy Star specifically recommends these additional resources where you can find licensed and insured contractors for insulation work.
While air sealing and insulation should definitely be number one on your weatherization checklist, plenty of heat gets lost through windows, doors, and skylights, as well. Single pane glass is a particularly poor insulator, and while fewer houses these days have it, upgrading to double or triple pane windows or skylights can be a big energy saver. Likewise, steel or fiberglass doors are much better insulators than traditional wooden doors.
But be warned: These can be pricey upgrades. The cost of installing windows alone ranges from hundreds of dollars up to $1,500 per window, and many homes have ten or more. It’s unlikely you’ll fully recoup the outlay through your energy savings, so before going about these retrofits, be sure that you’ve taken care of the easy stuff first.
Once you’ve done your research, it’s time to schedule a consultation with an installer, who can help you refine your project needs, discuss design and installation options, and provide you with a quote.
“So if you pick a Marvin window, make sure that you have a Marvin certified installer in your location, installing the Marvin window according to the Marvin instructions.” said Lstiburek.
Insulating your attic floor or your roof rafters is the best way to ensure that your home is sealed off from the elements. But if you live in a hot climate and need a new roof anyway (most last 25 to 50 years), then you might consider getting a cool roof, which can be made from a variety of materials and installed on almost any slope. However, they won’t lead to energy efficiencies in all geographies, so be sure to do your research beforehand!
Last but certainly not least is a retrofit that’s a little different from the rest. Unlike getting insulation, new windows, or a new roof, upgrading your wiring or electric panel doesn’t lead to greater energy efficiency by regulating the temperature of your home. What it does instead is enable greater energy efficiency by making it possible to operate an increasing number of electrified appliances and devices in your house.
For example, getting an electric or induction stove or dryer, a standard heat pump, a heat pump water heater, or an electric vehicle charger will require that you add new electric circuits to support these devices. And as these new loads add up, you may need to install a larger electric panel to support it all.
After sourcing electrician recommendations from family and friends, a good place to turn is Rewiring America’s contractor directory network. (Rewiring America is also a sponsor of Decarbonize Your Life.)Networks in your area can then provide you with a list of qualified electricians.
“Most people are really only using somewhere around 40% of what their current panels space. So you can actually add a fair amount of new circuits to your existing panel and upgrade your wiring while not having to upgrade your panel at all,” Wyent said.
Once you have three quotes in hand, all that’s left to do is evaluate your options, choose a contractor or installer, and sign a contract. Cost will likely be a major factor in the decision, but you’ll also want to ensure that the cheapest quote doesn’t mean corners will be cut. Here’s what to look out for.
Pay close attention to warranties. This applies both to the warranty for the work being performed and to the warranties for the products themselves. If an installation job or a product is well priced but comes with a short warranty, this should give you pause.
Avoid “same day signing specials.” If you’re being rushed into signing a contract, this is also a bad sign. Be sure to read the fine print — most cost estimates should be good for a few weeks at minimum.
Get specific. Your quotes should specify the type of work being performed, the scope of the work, cost (broken down by materials, labor, permits, and other expenses), payment method, and a tentative timeline for completion. A quote is much less formal than a contract, so if some of this information isn’t provided up front, don’t hesitate to ask for clarification so that you can make apples-to-apples comparisons between different contractors.
When you get a contract in hand, double check that:
Then it’s time to sign, sit back, and enjoy the soothing sounds of hammering, drilling, insulation blowing, and wire tinkering, content in knowing that you’re decarbonizing your home down to its very bones!
Now that you’re living comfortably in a maximally energy efficient home, you’re probably wondering when you’ll start seeing all those incentives you researched pay off. First off, know that you must wait until all renovations are complete and paid for to claim your federal tax credit. That means that even if you purchased new windows this year, if you have them installed in 2025, you’ll file for a tax credit with your 2025 return. Here’s how to go about it.
For state and local incentives, check the website for your local utility as well your local and state government and energy office to see what documentation is required. When in doubt, keep all of your records and receipts!
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Heat kills more Americans than any other extreme weather event in the United States. But wildfire smoke — while not strictly “weather” — appears to kill even more. Current excess death estimates put American heat mortality at about 10,000 people per year, or possibly as high as 12,000. Recent studies on wildfire PM 2.5 exposure suggest a mortality of double that: 24,000 all-cause deaths every year.
Needless to say, wildfire smoke is definitely not something you want to inhale if you can avoid it. (And really, you should try to.) But for the 115 million Americans in the Great Lakes and Northeast regions of the country who’ve been exposed to hazardous air from the fires in Ontario and Minnesota this week, there’s a chance that the damage is already done. According to a wildfire smoke mortality estimation tool from Cornell University’s School of Public Health and the Northeast Regional Climate Center, the total mortality for this smoke event could already be as high as 424 people so far, including nearly 100 in Michigan and more than 50 in both New York and Wisconsin.
Alistair Hayden, an assistant professor of practice in Cornell’s Department of Public and Ecosystem Health, stressed to me that the tool is a “first draft,” and that his team is still working on getting it peer-reviewed. “We intend it as a hypothesis that people can test in the coming weeks or months to confirm our numbers,” Hayden told me. “I’m really hoping to be proven wrong.”
But Hayden also emphasized that while the West Coast might historically be where many smoke-related deaths have occurred, “this is the third out of four years [in the Northeast] that we’re having the smoke, so it seems like something we should be planning for,” he said. “It reminds me of that saying: ‘Fool me once, shame on you. Fool me twice, shame on me.’”
Admittedly, the smoke this week is a bit of a freak occurrence. A cooler-than-average sea surface pattern across the North Pacific, known as a negative phase of the Pacific Decadal Oscillation, helped produce weak low-pressure areas in the northwestern part of the United States, which in turn allowed for heat domes to develop across the Southwest and Plains. After one did just that earlier this month, the hot, high-pressure dome then shifted north, where it developed “dryness across Canada, followed by the lightning-producing thunderstorms,” Chad Merrill, a senior meteorologist at AccuWeather, told me. Then, boom: widespread fires.
“It is very unusual to have a combination of an El Niño and a negative phase of the Pacific Decadal Oscillation,” Merrill went on. “That’s one of the unusual factors this year, which contributed to the heat dome being farther north in that particular position.” The heat dome and jet stream then worked together to direct the thick smoke down into some of the most populous regions of Canada and the U.S.
That’s what makes this particular smoke event so bad. Were the smoke blowing over remote regions of Canada, as it would under more usual conditions, “then the big cities and the Great Lakes wouldn’t experience the smoke; it would have gone north toward the Hudson Bay and then Greenland,” Merrill said. In fact, the Canadian fire season is tracking below average overall; it’s the meteorological conditions that made this week’s smoke events, as one outlet put it, “the perfect storm.”
Wildfire smoke in the region is not historically anomalous, however. A 1903 article in The New York Times describes a “yellow day” similar to smoky events in 1894, 1881, and earlier. But large-scale burns in Canada’s dense, remote boreal, which produce more smoke, are increasing. Though it’s difficult to attribute any one wildfire directly to climate change because of the complex nature of such events, we do know that fire weather is becoming more common with the warming of the atmosphere from greenhouse gas emissions. As modeled by Zeke Hausfather in the Friday edition of his newsletter The Climate Brink, “hotter, drier seasons burn the most” in Canada — and “recent years cluster there” as the country has outpaced the global average in warming.
But as Hausfather also writes, “While overall area burned is the climate-linked trend, who breathes the smoke on a given week in July is mostly driven by the weather.” This is similar to the way that, though it may be a quiet year in the Atlantic, it only takes one hurricane making landfall in the right (or wrong) spot for the season to be remembered as catastrophic.
On the other hand, as foolish as it might be for the Central Plains and East Coast to still believe smoke is the exclusive domain of Westerners, it is also a mistake to assume smoke only comes from without. As I reported earlier this year, the Eastern half of the country has seen a 10-fold jump in the frequency of large burns over the last 40 years. Nowhere is safe from the smoke.
Planning and preparation, then, should be paramount. But as Grist learned last month, there are no established Air Quality Index numbers that would trigger the postponement, relocation, or cancellation of, say, a FIFA World Cup game, including the final, which is set to be played in New Jersey on Sunday. White House officials are reportedly meeting with FIFA’s president on Friday to discuss contingencies, given the unhealthy air quality in the region.
Which brings us back to Hayden’s modeling. He offered a note of optimism in that research by Stanford’s Sam Heft-Neal and his colleagues indicates that emergency room visits do not rise in tandem with increasing wildfire smoke. “As smoke gets bad, the health impacts get bigger. But then as smoke gets worse and worse, the amount of health impacts actually goes down, measured for emergency room visits,” Hayden said. “The idea is that people modify their behavior in higher smoke” — say, by staying indoors, wearing masks, or canceling outdoor events.
It’s time to treat smoke as an East Coast phenomenon, in other words. Doing so will save lives. “Will [smoke events] become more frequent in the future? Most likely we will see a recurrence,” Merrill, the meteorologist, told me. “How often they happen is yet to be determined.”
Utility watchdog Jamie Van Nostrand argues that National Grid’s recent “rate stabilization proposal” is a way to charge customers more money while bypassing the regulatory process.
When National Grid, the natural gas utility that serves New York City and Long Island, proposed a one-year rate freeze last month, Governor Kathy Hochul celebrated it as a victory for affordability.
“I’m pleased to announce National Grid and the Department of Public Service found a way to hold the line on rate hikes for nearly 2 million gas customers,” she wrote on social media.
“New Yorkers don’t deserve gratuitous rate hikes. We’re fighting at every turn to stop them.”
But if “holding the line” for a year means accepting higher rates the following year, is it really a win for customers?
Jamie Van Nostrand, a former utility lawyer and regulator who served as the chair of the Massachusetts Department of Public Utilities through last fall, dug into the details of National Grid’s proposal and was alarmed by what he saw. In Van Nostrand’s view, it’s actually a delayed rate hike dressed up as a rate freeze, designed to avoid the scrutiny that comes with an official request.
To be fair, National Grid did not use the words rate freeze in its filing with the Public Service Commission, instead referring to the plan as a “rate stabilization proposal.” The Catch-22 is that during this year of stabilized rates, the company wants to continue — and actually increase — its capital spending, then bill customers for the work the following year with interest and a return on equity.
Infrastructure spending is the only part of the natural gas business that utilities earn a profit on, so they have an incentive to overdo it. Normally, regulators review such capital expenditures in year-long proceedings called rate cases to ensure the added costs to ratepayers is worth it. But here, National Grid is asking regulators for prompt approval “without material modification.”
I reached out to National Grid for comment on Van Nostrand’s critique. In response, a representative referred me back to the company’s press release.
Van Nostrand is now the policy director at the Future of Heat Initiative, a nonprofit working to improve utility regulation on the path to decarbonized heating. The group is concerned about utilities investing billions into natural gas delivery at the same time many states, including New York, are pushing to switch to electric heat pumps, which risks sticking the remaining gas customers with higher bills. Rate cases are essentially the only venue to challenge this spending, hence Van Nostrand’s ire.
I spoke to him about the hidden details in National Grid’s proposal and what a “good” rate freeze might look like. Our conversation has been lightly edited for length and clarity.
When did National Grid last have a rate increase and what’s the context for this rate stabilization proposal?
In 2024, the New York Public Service Commission approved a three-year rate plan which runs through the end of March in 2027. So what National Grid would have done is file a rate case in May of this year in order to have a new rate take effect in April of 2027. Essentially, what they say they’re doing is trying to extend that three-year rate plan for a fourth year. They’re saying, “We want to avoid having to file a full rate case” — which they audaciously and presumptuously say is going to result in rate increases for customers that are greater than the rate of inflation.
And what is in the proposal?
What jumps out at me are two things. One is, when they did this three-year rate plan, 2024 to 2026, they had certain expenses that they said were one-time, non-recurring expenses — a three-year amortization of $250 million. That three-year amortization expires on March 31. That would result in a $250 million rate decrease for customers. But by avoiding the rate filing, the rates are going to continue to reflect the amortization of costs that they are no longer authorized to recover.
They’re basically saying, “Rather than giving it back to customers, we’re going to keep collecting it and find other things to spend the money on.” So by avoiding the rate filing, they’re avoiding having to give the money back to customers and acting like they’re doing us a favor.
But didn’t you just say that the alternative to this rate freeze proposal is a big rate increase?
Yes, but they would have to prove their costs. These are closely scrutinized rate filings. The other piece I was going to mention is there’s $1.7 billion of additional capital spending. They’re saying, “We’re going to keep spending money,” actually spending more money in the next year than they are currently spending. They’re going to increase the level of spending on infrastructure investments without having to go through the process of proving, why are these expenditures necessary? Are you overspending? Is there a cheaper alternative?
Regulators need to closely scrutinize natural gas company infrastructure spending. They want to spend billions of dollars replacing pipes because that’s where they make money. They put it in their rate base and they earn a return on it.
Does the proposal at least allude to what they’re planning to spend the $1.7 billion on?
Oh yeah, it’s more pipe replacement. It’s a continuation of what they’ve been spending, it’s just more. And the point is, when they approved their rate plan, the parties to the rate case got to look at what they were spending in 2024, 2025, 2026, and they signed off on it. And here they’re saying, “Here’s our spending for 2027. It just builds on what we’ve already been spending, it’s just there’s more of it.” But there’s not the same review, other than I guess that there’s going to be a comment proceeding where parties can file comments on this proposal. But they don’t have to put out evidence and sworn testimony and be subjected to cross examination and discovery. It’s like, “Here’s what we’re gonna do. Take it or leave it.”
Is the idea that the $1.7 billion will be recovered through a future rate increase?
They’re just going to defer those costs and have ratepayers pay it beginning April 2028 with interest at 9%. It goes right into their rate base, and they’re going to earn a return on that. That means they’re going to collect $150 million more from customers to cover the return on that $1.7 billion they’re spending.
This is not uncommon when utilities propose rate freezes. Utilities go, “Our costs aren’t actually going down, our costs are continuing to go up, so we’re just going to keep spending money like we otherwise would have. But rather than raise rates contemporaneously, we’re going to put them in this little account and wait until the end of the rate freeze, and then we’re going to raise rates and add on the interest because the customers didn’t pay these costs when we incurred them.” Utilities love the concept of a rate freeze. I’ve never seen anybody quite so audacious as this proposal, where they’re not just doing that, they’re doing a whole bunch of other stuff to make this far sweeter for shareholders.
What else are they doing?
They’re not just extending their rate plan, they’re extending it selectively. For example, there’s a penalty mechanism that if you don’t address a certain number of miles of leak-prone pipe, you’re going to be subject to a penalty. And they are adjusting that target because they’re not meeting it. The same thing with the backlog of leaks. They’re not reducing the backlog of leaks, so they’re raising that target.
That’s a benefit to shareholders because shareholders end up bearing the consequences — you can’t recover the penalty in rates. So you’ve got a couple of mechanisms that are intended to benefit customers by having the system more safe by reducing miles of leak-prone pipe and by reducing a backlog of leaks, and they’re basically walking away from their commitments, making them easier for them to attain and thereby avoiding penalties. It’s resetting the balance between customers and shareholders, and it’s all in the shareholders’ favor. They’re throwing more risk onto the customers.
Do you think that a rate freeze could be structured in a way that is good for ratepayers?
Well, just strictly a rate freeze might not have been that bad a deal. If they really stepped up and said, “We’re going to live by the rates that were set, we’re just going to extend them for another year, and we’re going to suck it up and make it work, and our shareholders are going to bear some of that pain because by God, it’s all about customer affordability.” They’re so far away from doing that.
[At Future of Heat,] we’re all about the infrastructure spending, right? In New York, 75% of your gas bill is the delivery charge, 25% is the commodity. What we’re trying to do is work with the commissions, ask the tough questions. Let’s look at this pipe replacement program. Do you need to replace the pipe? Can you rely on a repair rather than replace it, and really make them prove their case? And they’re saying, “We’re going to spend $1.7 billion, and no, you don’t get a chance to review it because we’re not doing a rate case. We’re just telling you how much we’re going to spend.”
On NRC moves, Blue Energy, and China’s solar and methanol breakthroughs
Current conditions: The World Cup’s final match between Argentina and Spain is set to take place Sunday in New Jersey, where the thick orange haze of Canadian wildfire smoke is still hovering • Temperatures are soaring to 110 degrees Fahrenheit in Ethiopia’s northeast Afar province • Researchers just categorized the first major dust storm of Arizona’s monsoon season, which struck Phoenix earlier in the week, as a Category 3.

On Tuesday, I told you about the United Arab Emirates’ plan to build a new port to bypass the Strait of Hormuz. Iraq and its oil partners are looking westward. The Financial Times reported yesterday that Chevron and Baghdad are in advanced discussions to form a consortium to build and restore a pipeline network through Syria as an alternate route to export oil. The U.S. oil giant is working with the Los Angeles-based TI Capital and an investment group owned by the Syrian-Qatari billionaire Al-Khayyat brothers, who own a major construction company in the Gulf nation and are, according to Bloomberg, “betting big” on Syria’s post-war reconstruction.
It’s yet another sign that, as my colleague Matthew Zeitlin wrote, it’ll be a long time before the Strait of Hormuz returns to normal operations — especially now that the war is back on.
Just two weeks ago, I told you that the Nuclear Regulatory Commission had proposed both overhauling how it measures the risks from radiation exposure and giving more flexibility to developers to prove their reactors operate safely. Now the agency is continuing its regulatory blitz with another rule, posted Thursday to the Federal Register, to smooth the way for license renewals, speed up approvals to begin construction on certain components and structures at new nuclear plants, and provide more guidance for technologies that use coolants other than water.
In Spain, meanwhile, the country’s Nuclear Safety Council gave the country’s oldest nuclear station, the Almaraz plant two hours west of Madrid, the greenlight to continue operating until 2030, according to NucNet. Currently, the Spanish government is pursuing the world’s only active nuclear phaseout policy. Virtually every country that has phased out atomic energy now regrets it. Switzerland and Belgium already reversed course. German politicians complain constantly about what a mistake it was to quit nuclear power. Taiwan, which shut down its last reactor last year, now wants to reopen at least one. Even Italy, the first country to abandon nuclear energy, is now looking to revive the industry.
Constellation Energy knows a thing or two about what works with nuclear power. So it’s quite notable that the largest operator of civilian reactors in the nation is making a bet on one of the more unique startups hoping to shape the next generation of atomic power stations. Constellation’s venture arm announced a strategic equity investment into Blue Energy, a developer that is pitching itself as a project manager to get small modular reactors built on time and on budget. Unlike most other players in the nuclear game at the moment, Blue Energy isn’t designing its own reactor. The company calls itself “reactor agnostic.” Rather, Constellation said the company would focus instead on building GE Vernova Hitachi Nuclear Energy’s BWRX-300, a 300-megawatt boiling water reactor that is currently one of the leading designs in the U.S. “With demand for near-term power rising, Constellation’s investment will help Blue Energy meet America’s need by making new nuclear development predictable, rapidly scalable, and project financeable for the first time in history,” Blue Energy CEO Jake Jurewicz said in a statement. “This relationship helps us leverage an established operator, proven technology, and innovative, project-financeable deployment models to expand access to nuclear energy.”
Meanwhile, one of the most attention-grabbing startups in the next-generation reactor race is looking at an eye-popping valuation. Led by its 27-year-old CEO Isaiah Taylor, Valar Atomics made waves when it worked with the U.S. military to transport the components for its gas-cooled microreactor by plane. The company is now eyeing a $6 billion valuation, The Information reported last night.
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New York City’s brand-new power line connecting the five boroughs to Quebec’s hydroelectric system is down for repairs in the midst of the summer heat. Hydro-Quebec, the French-speaking province’s state-owned utility, said its teams had “identified a fault with the terrestrial cable” at a location on the U.S. stretch of the route. Governor Kathy Hochul’s office called the outage “unacceptable” in a statement to Gothamist.
Over in Hawaii, Governor Josh Green, a fellow Democrat, signed legislation to adopt a clean fuel standard, making the island state the fifth in the nation to adopt such a policy. The program will come into full effect at the start of 2029, and will use market incentives to reduce the carbon intensity of fuel over time. Texas, meanwhile, is serving as the model for the new bipartisan permitting reform bill my colleague Robinson Meyer broke news of last night.
Chinese panel manufacturer LONGi’s newest solar cell has made a breakthrough in increasing the power conversion efficiency of its panels to 35.5%. That figure was confirmed this week by a European certification test. The cell design is called a crystalline silicon-perovskite tandem cell, which PV Tech described as “widely regarded as a leading technology pathway for next generation” solar panels. A perovskite top cell with a crystalline silicon bottom cell allows the solar panel to tap into both technologies’ efficiencies. By contrast, the efficiency by percentage of energy converted to electricity in thin-film solar cells like those the U.S. manufacturer First Solar sells tap out somewhere in the teens. The more popular crystalline silicon cells that China has dominated have efficiency rates of up to 24%. So LONGi’s announcement represents a significant improvement.
Meanwhile, China’s state-owned pipeline company, PipeChina, successfully shipped two batches of methanol about 125 miles through existing oil pipelines in northwest China. Hydrogen Insight hailed the test as “a record-breaking trial that could transform” a sector long plagued by questions about how to transport fuel. It’s the latest sign, as I told you last month, that Beijing is doubling down on green hydrogen.
Like a Mesopotamian metal merchant of yore, I like to train a keen eye on copper prices in this newsletter. And with good reason: It’s the basic building block of the electrical system, and it’s subject to some wild geopolitical price pressures. Just look at why the price is sliding now. Per Mining.com, the major storms in Chile and the flareup of hostilities in Iran are depressing the market for the metal, which had hit an all-time high earlier this year.