Ari Natter
@arinatter.bsky.social
350 followers 75 following 150 posts
Covering energy and climate policy for Bloomberg News in Washington, DC.
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arinatter.bsky.social
Shares of Edison International, which operates Southern California Edison, dropped more than 4%.
arinatter.bsky.social
Energy Secretary Wright, speaking on @bloombergtv.bsky.social, said the US would take a 5% stake in the Vancouver-based company, as well as a 5% stake in the company’s mining project.
arinatter.bsky.social
Transmission costs are the fastest growing segment of power prices in many regions.
arinatter.bsky.social
Nearly all of the electricity on the US's largest power grid comes from natural gas, nuclear reactors and coal.

That means Trump’s strategy of blaming renewable energy for surging electricity costs may have a hard time gaining traction.
arinatter.bsky.social
Nowhere is that more apparent then on the nation's largest power grid, which stretches from Virginia to Illinois, where the cost of securing wholesale power supplies has been at a record for two straight years.
arinatter.bsky.social
Despite a campaign pledge by Trump to halve power prices within 12 months of taking office, residential electricity prices have climbed about 10% from January until May and are projected to rise another 5.8% next year.
arinatter.bsky.social
No sensitive or classified information is known to have been compromised in the attack on the National Nuclear Security Administration, a person familiar with the matter said.
Reposted by Ari Natter
bloomberg.com
TODAY: What's the future of US solar, wind and EV projects under Trump's tax law?

Ahead of #BloombergGreen Seattle, @akshatrathi.bsky.social, @michellema.bsky.social, @arinatter.bsky.social and @mchediak.bsky.social will answer your questions.

🎧 Tune in to our Live Q&A at 1pm EDT: bit.ly/44tYaPx
arinatter.bsky.social
Blackouts in the US could double by 2030 amid an increase in power demand brought on by AI, according to a Trump administration report that blames the expected energy shortfall on the closures of coal and natural gas power plants and overreliance on renewables.

www.bloomberg.com/news/article...
US Warns of Blackout Risk From Killing Coal as Trump Snubs Renewables
Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report that blames the expected energy shortfall on the closure...
www.bloomberg.com