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Energy

A very heavy electric bill.
Sparks

Utilities Asked for a Lot More Money From Ratepayers Last Year

A new PowerLines report puts the total requested increases at $31 billion — more than double the number from 2024.

Climate Tech

Redwood Materials Is Cashing In on Its Big Battery Bet

The battery recycling company announced a $425 million Series E round after pivoting to power data centers.

Yellow
AM Briefing

So Long, Paris

On Vineyard Wind’s win, Hydro-Quebec, and the EU-India trade deal

Blue
Sparks

Trump Loses Another Case Against Offshore Wind

A federal judge in Massachusetts ruled that construction on Vineyard Wind could proceed.

Blue
Mining.

The Rare Earth Shopping Spree

On aluminum smelting, Korean nuclear, and a geoengineering database

Green
Storm effects.

The Grid Survived the Storm. Now Comes the Cold.

With historic lows projected for the next two weeks — and more snow potentially on the way — the big strain may be yet to come.

Blue
AM Briefing

White Out

On deep-sea mining, New York nuclear, and kestrel symbiosis

Icy power lines.
<p>Heatmap Illustration/Getty Images</p>

Current conditions: Winter Storm Fern buried broad swaths of the country, from Oklahoma City to Boston • Intense flooding in Zimbabwe and Mozambique have killed more than 100 people • South Australia’s heat wave is raging on, raising temperatures as high as 113 degrees Fahrenheit.


THE TOP FIVE

1. America’s big snow storm buckles the grid, leaving 1 million without power

The United States’ aging grid infrastructure faces a test every time the weather intensifies, whether that’s heat domes, hurricanes, or snow storms. The good news is that pipeline winterization efforts that followed the deadly blackouts in 2021’s Winter Storm Uri made some progress in keeping everything running in the cold. The bad news is that nearly a million American households still lost power amid the storm. Tennessee, Mississippi, and Louisiana were the worst hit, with hundreds of thousands of households left in the dark, according to live data on the Power Outage tracker website. Georgia and Texas followed close behind, with roughly 75,000 customers facing blackouts. Kentucky had the next-most outages, with more than 50,000 households disconnected from the grid, followed by South Carolina, West Virginia, North Carolina, Virginia, and Alabama. Given the prevalence of electric heating in the typically-warmer Southeast, the outages risked leaving the blackout region without heat. Gas wasn’t entirely reliable, however. The deep freeze in Texas halted operations at roughly 10% of the Gulf Coast’s petrochemical facilities and refineries, Bloomberg reported.

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A Fleetzero boat.
<p>Heatmap Illustration/Getty Images, Fleetzero</p>

Practically every week brings a flood of climate tech funding news and announcements — startups raising a new round, a venture capital firm closing a fresh fund, and big projects hitting (and missing) milestones. Going forward, I’ll close out each week with a roundup of some of the biggest stories that I didn’t get a chance to cover in full.

This week, we’ve got money for electric ships, next-gen geothermal, and residential electrification in Europe. Yay!

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