Jul 21, 2025
Trump Energy Law Likely to Push Up Power Bills and Stall Renewables
The recently enacted “One Big Beautiful Bill”—which phases out key solar and wind tax credits and elevates fossil fuel and AI-related infrastructure—could increase U.S. electricity bills, slow renewable installations, and introduce delays in data-center expansion.
Passed this month, the legislation ends major clean-energy incentives, accelerates fossil‑fuel support, and imposes greater scrutiny on renewables—especially for projects on federal lands. A Wood Mackenzie analysis noted this shift may delay planned power plant retirements and slow clean-power deployment amid surging electricity demand driven by AI data centers. Analysts forecast rising household energy costs—$40 to $640/year by 2035—particularly in Southern and Midwestern states. Meanwhile, critics warn the law adds uncertainty deterring renewables investment just as the U.S. aims to keep pace in AI and power infrastructure. Read more.
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Jul 14, 2025
India Achieves 50% Non‑Fossil Power Capacity Five Years Ahead of Target
India has reached 50% of its installed electricity capacity from non-fossil sources—solar, wind, hydro, and nuclear—marking a major milestone well ahead of its 2030 clean energy goal.
Jul 11, 2025
China Introduces First Renewable-Energy Targets for Steel, Cement, Polysilicon & Data Centres
China’s National Development and Reform Commission rolled out its first Renewable Portfolio Standards (RPS) for heavy industry—steel, cement, polysilicon—and new data centers, mandating significant renewable power use by province.