US ENERGY UPDATE | November 7, 2024 View this email in your browser

Nuclear Energy’s AI Boom Blew a Fuse—Here’s What Could Happen Next

Late on Friday, the Federal Energy Regulatory Commission rejected Talen Energy’s  request to increase the amount of power that it could provide directly from its existing Susquehanna nuclear power plant to Amazon’s data center from 300 megawatts to 480 MW. That hamstrings Talen’s ability to step up the amount of power it sells directly to Amazon, whose co-located data center has a potential capacity of up to 960 MW.

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Trump Victory a ‘gut punch’ to US Climate Action

Trump, meanwhile, has pledged to once again pull the U.S. out of the Paris Agreement, a nonbinding pact to slash emissions that are driving up temperatures. His victory comes as international climate negotiators prepare to meet next week in Azerbaijan, where countries will hash out a new target for climate aid that some developing nations say should exceed $1 trillion annually.

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Louisiana Voters Agree to Put Offshore Wind Energy Revenue Into Coastal Projects

Louisiana is just putting its toe in the water of offshore-based wind energy development, but any revenue such projects generate for the state will go toward coastal projects after voters approved a constitutional amendment Tuesday locking in the dedication.

Final but unofficial results from the Louisiana Secretary of State showed 73% of voters supported the ballot measure that would devote dollars to undertakings such as barrier island restoration and wetlands rebuilding.

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By doubling power production, Utah is leading the nation out of a looming energy crisis

Post-pandemic supply-chain worries and changing views on global trade are bringing energy-intensive industries back to the U.S. after decades of offshoring. The rise of cloud computing, data centers and artificial intelligence is also driving up demand for electricity, which is the lifeblood of the digital age.

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