Ørsted Explores $1 Billion+ Sale of US Onshore Renewables Assets Amid Strategic Pivot and US Policy Uncertainty

Danish renewable energy giant Ørsted is reportedly exploring the sale of its US onshore renewable assets in a deal that could exceed $1 billion, according to Bloomberg reporting on May 22, 2026. The move comes as the company continues its global farm-down strategy, sharpens focus on core offshore wind in Europe and Asia, and navigates […]

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Since 2007, Shale Gas Has Saved U.S. Consumers Approximately $200 Billion Annually — A Quiet Revolution in Affordability

A new analysis from the Energy Institute at Haas at UC Berkeley quantifies what many in the energy sector have long known: the shale gas revolution, powered by hydraulic fracturing and horizontal drilling, has delivered extraordinary savings to American consumers. According to Lucas Davis’s May 2026 working paper and accompanying blog post, shale gas has […]

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Iran Attacks UAE Nuclear Plant: Drone Strike Hits Barakah Facility Amid Escalating Tensions

In a significant escalation of regional conflict, a drone strike targeted the Barakah Nuclear Power Plant in the UAE’s Al Dhafra region on May 17, 2026. The incident, which sparked a fire in an external electrical generator outside the plant’s inner perimeter, has raised immediate concerns about nuclear safety and energy infrastructure vulnerability in the […]

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AI Buildout Drives 76% Power Bill Jump on Largest US Grid – But Is AI the only Reason for Higher Prices?

Power prices on the largest electric grid in the United States — PJM Interconnection, which serves 13 states and the District of Columbia — jumped a staggering 76% in the first quarter of 2026. Wholesale power averaged $136.53 per megawatt-hour (MWh), up from $77.78/MWh in the same period of 2025, according to the grid’s independent […]

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PJM Addressing Rising Demand and Constrained Supply

PJM Interconnection, the nation’s largest regional transmission organization, is confronting a historic shift from electricity surplus to structural scarcity. A new special report released by PJM on May 6, 2026, titled Powering Reliability Through Market Design, details how unprecedented demand growth—fueled largely by hyperscale data centers and AI infrastructure—combined with accelerated retirements of dispatchable generation […]

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Is Hungary’s Fight Over Russian Energy the First One to Start a Trend?

Hungary’s newly elected government is already testing Brussels’ resolve on energy policy. In a move that could signal growing fractures within the EU, Prime Minister Péter Magyar’s administration has signaled it will continue purchasing Russian energy if it remains the cheapest and most reliable option—directly challenging the bloc’s binding phase-out rules under the REPowerEU framework. […]

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