Today’s headlines: Two more offshore wind-killing deals, Republicans want to revive tax credits, 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 Interior Department forms agreements with Bluepoint Wind and Golden State Wind to walk away from their offshore wind leases off New York and California, respectively, and invest in fossil fuel projects instead. (Associated Press, news release)

CLEAN ENERGY

• Four Republican House members introduce a bill to cancel the early expiration of some clean energy incentives targeted under the One Big Beautiful Bill Act, including the renewable energy production and investment tax credits. (Utility Dive)

• Utility-scale solar, wind, and energy storage accounted for 91% of all new power capacity that joined the U.S. grid last year, with clean power providing more than $150 billion in economic benefits in 2025. (report)

MIDDLE EAST ENERGY SHOCK

• BP reports first-quarter profits that nearly doubled expectations as the company benefits from sky-high oil and gas prices as a result of the ongoing war. (CNBC)

• An LNG shipment has seemingly made it through the Strait of Hormuz, the first to do so since war began two months ago. (Bloomberg)

• European countries with strong renewable power generation have largely insulated themselves from electricity price hikes seen in other nations as fossil fuel prices jump. (Reuters, Bloomberg)

NUCLEAR

• Commonwealth Fusion Systems files with the PJM Interconnection to connect its planned Virginia power plant to the grid, marking the first time a fusion developer has taken such a step. (Axios)

HYDROPOWER

• The DOE says it will soon unfreeze negotiations to send $430 million to support projects at 212 hydropower facilities. (news release)

SOLAR

• Meta says it’ll order as much as 1 GW of still-unproven space-based solar capacity from Overview Energy to power its data centers on Earth. (Latitude Media)

• Filings indicate North Carolina regulators’ decision to halt Duke Energy’s solar procurements was driven in part by the state’s elimination of its goal to slash emissions 70% by 2030. (E&E News)

DATA CENTERS

• More than 780 GW of data center projects have been announced in the U.S., more than the country’s current peak load of 759 GW, though only a fraction of those projects will actually come to fruition. (Latitude Media)