Today’s headlines: Trump’s latest wind takedown, another nuclear license, 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.

WIND

• The Trump administration is reportedly drafting a settlement agreement with TotalEnergies that would pay the company $928 million to cancel its two offshore wind leases in federal waters. (New York Times)

COAL

• The DOE extends its stay-open order for Washington state’s Centralia coal plant, even though the plant hasn’t run since its previously scheduled retirement date last year and a new state law makes doing so uneconomical. (news release, Washington State Standard)

• Terra Energy Center announces a $1 billion order for coal-fired power plant boilers from Hyundai Heavy Industries Power Systems as it looks to build the U.S.’s first new coal plant in a decade in Alaska. (Bloomberg)

NUCLEAR

• Advanced nuclear startup Oklo receives a federal license to start selling isotopes ​“across medicine, research, advanced manufacturing, and national security.” (Heatmap)

• The Natural Resources Defense Council tentatively backs the restart of an Iowa nuclear power plant, its first time voicing support for an individual nuclear plant. (Axios)

• The Nuclear Regulatory Commission is reportedly considering loosening radiation exposure regulations for nuclear power plants and medical applications. (E&E News)

POLITICS

• The Trump administration announces more than $56 billion in energy-related deals after a forum with Indo-Pacific leaders, including agreements from Asian companies to buy U.S. liquefied natural gas. (Axios)

• A bipartisan group of senators is drafting a bill that would boost federal funding for the geothermal industry. (Heatmap)

GRID

• The Energy Information Administration finds PJM Interconnection and Texas’ ERCOT are seeing power demand balloon more quickly than any other grid region, and could see annual growth as high as 4.7% and 15% between 2025 and 2027, respectively. (Utility Dive)