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Sparks

Elon Musk Had a Pretty Great Night

According to Trump, “a star is born.”

Elon Musk.
Heatmap Illustration/Getty Images

As the election odds swung sharply towards Republican Donald Trump as Tuesday evening slid into Wednesday morning, climate-conscious investors, academics, strategists, and other internet personalities were mostly mute. It was a night to stare blankly at the TV, watch the needle slowly tilt to the right, and vaguely wonder about the future of the climate.

That is, unless you were Elon Musk, Trump’s latest, closest campaign confidant, in which case fist-pumping posts abounded. Well before any polls had closed, Musk posted on X about supposedly “record numbers” of men turning out to vote for Trump. While we can’t confirm that’s true, it set a vibe for the evening to come.

For Musk, no display of patriotism is complete without a plug for one of his companies. Exhibit A:

Exhibit B:

He spent the rest of the day casting doubt on election security in Pennsylvania and imploring his followers to vote because no less than “the future of the world” was at stake.

Of course, that’s similar to the rhetoric those in climate world use to describe the prospect of a second Trump presidency. As the final polls were closing, University of California, Santa Barbara climate historian Leah Stokes no doubt summed up the feelings of many when she tweeted,

But there was also room for humor. As the electoral map filled in, The Atlantic CEO Nicholas Thompson had some theories on what caused the pro-MAGA, pro-Mars Tesla CEO to lean so hard into Trump’s campaign.

Duncan Campbell, the vice president of Scale Microgrid Solutions and host of the energy podcast DER Task Force, entered the chat with an even more niche joke.

But no one could beat Musk for sheer weirdness. With results beginning to stack up, he shared a tribute to the “Dark MAGA” facet of the Trump coalition set to that Europe classic, “The Final Countdown.”

And as the night’s endgame began to come into focus, he shared a snap from Trump’s watch party at Mar-a-Lago.

Around 2:30 a.m. ET, Trump took the stage at the convention in West Palm Beach where his supporters had gathered and declared victory in the race. By then some, though certainly not all networks had called the election in Trump’s favor. He devoted a verse of his rambling, genial speech to Musk. “A star is born: Elon,” Trump said in his victory speech, praising Musk’s efforts on the campaign trail, his “beautiful” rockets, and Starlink, which Trump apparently hadn’t heard of before Hurricane Helene.

Musk, for his part, seems psyched about the prospect of playing a role in the Trump administration. “The future is gonna be fantastic,” he said, as the electoral votes crept closer to 270. Though climate tech investor Kristin Ellis of Lowercarbon Capital did have one extra bit of perspective to add:

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Sparks

Virginians Are Getting an Electricity Price Doubly-Whammy

Rates were up 17% year over year in June, according to the latest Electricity Price Hub update, with another increase on the way.

Virginia and power lines.
Heatmap Illustration/Getty Images

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In Virginia, the epicenter of the data center boom, the typical household electricity bill was $192 in June, up from $172 in June of last year, according to the latest data from the Heatmap and MIT’s Electricity Price Hub. Rates, meanwhile, were about 18 cents per kilowatt-hour, compared to just over 15 cents in June of last year, a 12% hike. Rates were also up from the end of last year, when they were about 15.5 cents.

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The enhanced geothermal company just announced a new 19,448-foot well.

A Fervo installation.
Heatmap Illustration/Fervo, Getty Images

Enhanced geothermal company Fervo has drilled another well.

This one is 19,448 feet deep, the company announced Thursday, and includes a 7,500-foot span laterally across the sub-surface. The well — called Sawtooth 7, part of Phase II of its flagship Cape Station project in Milford, Utah — took 21 days to drill, the company said. That matches the time required to drill the wells in Phase I, though the new one is nearly 35% deeper than those, on average, with a 50% greater lateral extension.

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Sparks

Trump Concedes a Battle in His War Against Wind Energy

The administration filed to dismiss an appeal of a December ruling that overturned its wind permitting freeze.

Trump Concedes a Battle in His War Against Wind Energy
Illustration by Simon Abranowicz

Trump’s Department of Justice is giving up on defending the president’s wind permitting moratorium.

The DOJ filed a motion on Wednesday to dismiss its appeal of a federal court’s December decision vacating the order to halt wind energy approvals. The plaintiffs in the case — New York and 16 other states, as well as the Alliance for Clean Energy New York, a trade group — did not oppose the motion. The case will not be officially dismissed, however, until the First Circuit Court of Appeals approves the request, which typically happens quickly when both parties support the dismissal.

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