Today’s headlines: Iran strikes shake up energy markets, fossil fuels side with offshore wind, and more

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.

OFFSHORE WIND

• Oil and gas companies are pushing the Trump administration to ease its offshore wind attacks, in part because they hope a wind retreat will allow Congress to undertake permitting reform. (Latitude Media)

IRAN

• Index funds that contain renewable energy companies rose in the U.S. and Europe on Monday after this weekend’s strikes on Iran disrupted oil and gas production in the Middle East. (E&E News)

• The White House says it’ll start releasing plans today to combat oil cost hikes stemming from the conflict with Iran, though gas prices are already rising. (Axios, NBC News)

• The U.S. so far doesn’t plan to tap the Strategic Petroleum Reserve to keep prices low. (E&E News)

• U.S. exporters of liquefied natural gas look to take advantage of a 50% price surge in Europe and Asia after the strikes on Iran knock out supplies from Qatar. (Financial Times)

GRID

• PJM Interconnection asks FERC to approve an expedited interconnection process for a handful of projects over 250 MW, and a price cap on the grid operator’s next two capacity auctions. (Utility Dive)

UTILITIES

• AES stocks sink amid news that an investor group including BlackRock will buy the utility company. (Barron’s)

FOSSIL FUELS

• The Southern Environmental Law Center and the Sierra Club challenge Georgia’s approval of permits for four new gas turbines at the coal-powered Plant Bowen. (Inside Climate News)

CLEAN ENERGY

• In China, solar power generation overtook wind for the first time last year, and the growth of both clean sources helped meet rising demand without the need for more coal burning. (Bloomberg)