Fighting for electric trucks

This roundup of U.S. energy news headlines is part of our Canary Media Daily newsletter. Sign up to get it in your inbox each morning.

BATTERIES

• Battery recycling company Li-Cycle, which last year received a $475 million federal loan to build a factory in New York, announces it could go out of business and doesn’t have enough money to meet the requirements needed to access the loan. (E&E News)

MINING

• The White House is reportedly considering speeding permitting for deep-sea mining in international waters by letting companies avoid a United Nations-approved process. (Reuters)

POLITICS

• Republican-led states look to mirror DOGE’s approach to funding cuts, including by slashing regulators that oversee the oil and gas industry. (E&E News)

• President Trump’s pick to lead the Energy Information Administration works for a think tank that argues the world isn’t undergoing an energy transition. (Heatmap)

• House Republicans announce a probe into eight nonprofits that received federal ​“green bank” funding. (Utility Dive)

• Republicans are reportedly considering eliminating the tax credit transferability provision of the Inflation Reduction Act, which has already enabled clean energy developers to access billions in financing. (Axios)

NUCLEAR

• A subsidiary of chemical producer Dow applies to the Nuclear Regulatory Commission to build four small nuclear reactors to power its Texas manufacturing complex. (Associated Press)

• The future of nuclear power in the U.S. faces big questions, including about economics, federal support, fuel availability, and public opinion, an ICF whitepaper finds. (Utility Dive)

OFFSHORE WIND

• Utility companies and officials in Massachusetts and Rhode Island point to uncertainty in federal offshore wind policy as they announce another delay in finalizing contracts to purchase power from the SouthCoast Wind project. (Rhode Island Current)

ELECTRIC VEHICLES

• Several analysts, including those with a generally positive outlook on Tesla, expect the EV company’s quarterly vehicle delivery figures to miss the mark when released on Wednesday. (MarketWatch)

CLEAN ENERGY

• Repealing the Inflation Reduction Act’s technology-neutral electricity tax credits would add $6 billion to U.S. energy bills each year by 2030, a new Energy Innovation analysis finds. (Latitude Media)

EMISSIONS

• President Trump says he wants to reinstate 2020 vehicle emissions standards, reversing the Biden administration’s more rigorous requirements. (Bloomberg)

FOSSIL FUELS

• Texas regulators say the state’s oil and gas industry produced more than 2 billion barrels for the first time in 2024, but U.S. crude production sunk to its lowest level in a year in February. (Houston Chronicle, Reuters)

UTILITIES

• The Tennessee Valley Authority board selects its chief operating officer, Don Moul, to become the federal utility’s next CEO this month. (Knoxville News Sentinel)