US #energy leaders to invest $90 billion to power #AI in Pennsylvania ▪️Blackstone plans to invest $25 billion ▪️Exxon CEO touts #power generation with CCS 🖥️Full story: okt.to/ZqIAB3

French expert group gives backing for proposed deep #nuclear #waste repository plans ▪️Report says further work required on some issues ▪️Repository pilot phase will be crucial to testing #safety expectations 🖥️Full story: okt.to/7PBiKe

US Bureau of Land Management removes ‘obsolete’ regulations to help #geothermal projects ▪️Boosts 'Unleashing American #Energy' effort ▪️Geothermal lease sale set for Aug. 26 🖥️Full story: okt.to/FGsPOD

This week, #EnergyEvolution discusses with 𝗕𝗿𝗶𝗮𝗻 𝗠𝗼𝘁𝗵𝗲𝗿𝘄𝗮𝘆 of the IEA and 𝗚𝗹𝗲𝗻𝗻 𝗥𝗶𝗰𝗸𝘀𝗼𝗻 of SPGCI how heat waves are driving shifts in European #power demand and stress-testing the region's #energy infrastructure. Listen here: okt.to/EAvpeH

'Changing the rules of the game': #budgetlaw, #Trump order rock US #solar sector ▪️Solar industry phases uncertainty ▪️2027 placed-in-service deadline a challenge Full story: okt.to/zNCbaP

'Changing the rules of the game': #budgetlaw, #Trump order rock US #solar sector ▪️Solar industry phases uncertainty ▪️2027 placed-in-service deadline a challenge Full story: okt.to/5lsByg

#DOE cancels $4.9 billion conditional #financing commitment for Grain Belt Express line ▪️Missouri Republicans' efforts led to cancelation ▪️DOE cites financial concerns in $4.9 billion loan Full story: okt.to/51fzdc

#Iberdrola rumored to weigh #Mexico exit amid global divestment push ▪️Potential sale part of strategy to exit non-core markets ▪️Company to focus on stable jurisdictions ▪️15 plants valued around $4 billion #electricity 🖥️Full story: okt.to/KGLe8q

Trump's AI action plan targets #power sector reforms ▪️Suggests reforming power market ▪️Plan supports enhanced #geothermal, #nuclear power 🖥️Full story: okt.to/CjnIBu

#Tesla bets on cheaper models, autonomy to recover demand amid steep #EV slump ▪️Company plans Q4 launch of cheaper models ▪️Automotive revenue drops 16% year over year 🖥️Full story: okt.to/ZAkjmY

Spot power prices surge as MISO, PJM, SPP issue heat-related advisories ▪️MISO to peak at 123.5 GW, PJM at 154 GW ▪️Indiana Hub spot nearly doubles to $165/MWh okt.to/JY0yIK

'Regulatory sandboxes' gain traction as states push for #utility innovation ▪️'#Sandboxes' to relax, remove rules for innovation ▪️May speed adoption of advanced #grid technologies ▪️12 sandbox programs have been adopted across the US 🖥️Full story: okt.to/JiV2vk

#Power system must transform to meet AI-driven #load surge: US energy officials ▪️US 'falling behind on the power side' of #AI race ▪️Infrastructure buildout needs to speed up ▪️FERC chairman: equitable cost allocation is equally important 🖥️Full story: okt.to/TbARPY

'Dangerous' #heat drives up #power prices, demand as it moves across US ▪️Triple-digit power prices widely observed ▪️Daily #temperature records could be broken 🖥️Full story: okt.to/UBw7ox

#Iberdrola agrees to sell remaining #Mexico #power plants to Spain’s Cox ▪️Cox to pay $4.2 billion for assets; 2.6 GW of installed capacity ▪️Iberdrola's divestment aligns with strategy to exit non-core markets Full story: okt.to/bIDka2

This week on #EnergyEvolution, Camilla Naschert and Alex Blackburne explain the ongoing debate around how price zones are divided in Europe’s #power markets, and questions around grid bottlenecks and incentives for new #renewables. 🎧Listen here (13:53): okt.to/eCgTUM