With President Trump's executive actions, some wind projects off the Massachusetts coast, such as the SouthCoast wind project, could be dead in the water.
Offshore wind is a major part of transitioning to an electric grid powered entirely by sources that don’t emit carbon dioxide when generating electricity. The power sector is responsible for nearly a third of the nation's planet-warming greenhouse gas ...
many times” more expensive than natural gas. Offshore wind is among the sources of new power generation that will cost the most, at about $100 per megawatt hour for new projects connecting to the grid in 2028, according to estimates from the Energy ...
U.S. officials are looking at the national security implications of the Chinese artificial intelligence app DeepSeek, White House press secretary Karoline Leavitt said on Tuesday.
Despite the success with traditional fossil fuel generation sales, the company’s offshore ... wind turbines in Schenectady, where GE Vernova also makes gas-powered turbines used in power ...
The power sector is responsible for nearly a third of the nation’s planet-warming greenhouse gas emissions. On the campaign trail, Trump vowed to end the offshore wind industry as soon as he ...
GE Vernova raked in $10.6 billion in revenue during the last three months of 2024, up 5% from 2023, the company announced Wednesday. Net income, or profit, during the quarter was $484 million, up $279 million from the same three-month period in 2023.
We break down President Donald Trump's executive orders that declare an energy emergency, prioritize drilling and pull back on wind and EV development.
Directive targeting offshore wind energy sector with curbs on federal site leasing and permits could itself face lawsuit blowback with unclear and conflicting provisions the administration may be unable to defend.
It appears that the biggest winners under Trump's executive orders are domestic oil and gas exploration and production companies such as Exxon Mobil Corp. ( XOM ), Chevron Corp. ( CVX) and EOG Resources Inc. ( EOG ).
Offshore wind once appeared likely to be part of NC’s energy future. Now, a Trump executive order raises questions for the industry.
With Donald Trump back in the White House, the world is bracing for another all-out attack on environmental policies. Among his first targets was the Paris climate pact.