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Energy

Sparks

Federal Judge Breaks Trump’s Permitting Blockade

The opinion covered a host of actions the administration has taken to slow or halt renewables development.

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AM Briefing

‘A Critical Phase’

On China’s H2 breakthrough, vehicle-to-grid charging, and USA Rare Earth goes to Brazil

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Sparks

Exclusive: Data Centers Are Now More Controversial Than Wind Farms

Fights over AI-related developments outnumber those over wind farms in the Heatmap Pro database.

A Fervo installation.

8 Things We Learned From Fervo’s IPO Filing

The enhanced geothermal darling is spending big on capex, but its shares will be structured more like a software company’s.

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Offshore wind.

Total Waste

On Eli Lilly’s nuclear, Sunrise Wind, and Brazil’s minerals

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Energy

New Documents Undermine Trump Administration’s Claims About Offshore Wind Deal

There was no new investment required from TotalEnergies, according to newly disclosed terms.

New Documents Undermine Trump Administration’s Claims About Offshore Wind Deal
<p>John Moore/Getty Images</p>

When the Trump administration announced it was paying TotalEnergies nearly $1 billion to cancel the company’s offshore wind leases, it painted the deal as a mutually beneficial trade: The government would reimburse the company for every penny it spent to acquire the leases, and in return, Total would “redirect” the money to U.S. oil and gas development.

Now, the terms of the deal have been made public, and Americans’ side of the bargain appears to be worthless.

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Energy

The Six Weeks That Changed the Global Energy Economy

How China emerged the victor of the war with Iran.

Xi Jinping and Donald Trump.
<p>Heatmap Illustration/Getty Images</p>

The Strait of Hormuz appears to maybe be opening up eventually — and the price of oil is collapsing.

Iranian Foreign Minister Abbas Araghchi said Friday morning that the waterway was “completely open,” shortly before President Trump declared on Truth Social that the strait was “COMPLETELY OPEN AND READY FOR BUSINESS AND FULL PASSAGE,” though the president also clarified that “THE NAVAL BLOCKADE WILL REMAIN IN FULL FORCE AND EFFECT AS IT PERTAINS TO IRAN.”

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