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What’s next for EVs

By Kathryn Krawczyk

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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.

FOSSIL FUELS

  • The Trump administration announces $625 million for modernizing coal plants to extend their lives and recommissioning retired plants. (Utility Dive)

  • Vistra announces it’ll build two new gas power plants totaling 860 MW to expand capacity at its 325-MW Permian Basin Power Plant in Texas. (Utility Dive)

  • Leasing auctions for 14,000 acres of coal mining land in Alabama, Montana, Utah, and Wyoming kick off today. (Reuters)

NUCLEAR

  • The U.S. Energy Department is reportedly considering a plan to divert plutonium from the country’s nuclear weapons stockpile for use in power plants. (Politico)

  • Rising power demand will drive $350 billion in U.S. nuclear power spending, leading to a 63% increase in reactor output through 2050, Bloomberg Intelligence predicts. (Bloomberg)

  • Vistra announces a 20-year power purchase agreement with an unnamed company, which it’ll provide from its Comanche nuclear power plant in Texas. (Utility Dive)

ELECTRIC VEHICLES

  • The IRS has been slow to approve and pay out federal incentives for EV purchases ahead of today’s tax credit expiration, leaving dealers uncertain of whether they’ll ever get reimbursed for the discount. (CNBC)

  • A nonprofit estimates as much as $283 million in unspent federal funding for EV charging stations could be lost when the fiscal year ends today. (E&E News)

GRID

  • Virtual power plant provider Voltus partners with data center developer Cloverleaf Infrastructure on a program that will have data center builders finance a VPP in their area in exchange for receiving contracted power capacity. (Latitude Media)

  • State lawmakers across PJM urge the grid operator to allow for rapid clean energy development and interconnection to ensure projects can tap expiring federal tax credits. (Utility Dive)

POLITICS

  • Some Democrats begin publicly embracing an ​“all of the above” energy strategy as power prices keep rising. (E&E News)

  • Former EPA officials say a potential government shutdown looming today won’t help EPA Administrator Lee Zeldin’s deregulatory agenda. (E&E News)

  • The potential government shutdown would also further delay congressional action on energy permitting reform. (Semafor)

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