Latest Electricity News - Energy Policy

Winter Storm Fern swept across the United States, prompting heavy snow, freezing rain, and power outages that left more than 1 million electricity customers without power across multiple regions. A powerful winter storm sweeping large portions of the United States left more than one million electricity customers without power on Sunday as heavy snow, ice, and frigid temperatures battered infrastructure and strained grid operations, echoing vulnerabilities previously exposed during major cold-weather failures such as the Texas power system collapse.   At A Glance • Winter Storm Fern knocks out power for over one million US customers• Snow and ice cause…

Analysts warn that rising data-center and AI demand threatens to push energy infrastructure costs onto consumers, unless Canada enacts policy reforms to ensure operators, not households, pay for grid upgrades and transmission capacity.   At A Glance Data center and AI-driven electricity demand may strain grids and shift upgrade costs to households. U.S. experience shows utility rates rising by more than 30% since 2021 due to data-center load surges. Without policy changes, Canadian consumers risk bearing the costs of infrastructure for new high-load sites. Regulators and utilities must craft rules to assign transmission upgrades to operators, not ratepayers.   Canada…

Ontario’s government under Doug Ford is overhauling environmental and energy policy, merging conservation authorities, greenlighting a major nuclear refurb, updating power-purchase rules, launching a utilities panel, and offering appliance rebates, stirring debate over land, costs and clean energy.   At A Glance Ontario to consolidate 36 local conservation authorities into seven regional agencies. Province approves CANDU reactor refurb at Pickering and updates global-adjustment rules for corporate renewables deals. New Panel for Utility Leadership & Service Excellence (PULSE) to guide future grid investments and regulation. Rebates up to C$200 are now offered for energy-efficient appliances to support efficiency upgrades.   Wide-Ranging…

A proposed Ukraine-Russia peace deal, presented as a path to end the war, may in fact trap Kyiv, cementing Russian gains, undermining Ukraine internally, and reshaping Europe’s security in Moscow’s favour, warn critics who call it a strategic Kremlin power play.   At A Glance What is billed as a peace deal may lock in Russian territorial and political gains in Ukraine. Provisions restricting Ukrainian strikes and imposing language/religious controls signal deeper influence plans. The deal comes amid Kyiv’s energy crisis and political scandal, which have weakened its negotiating leverage. Acceptance could reshape Europe’s security order, using peace as a…

President Trump announced the rollback of Biden-era CAFE fuel-efficiency standards, reducing requirements for cars and trucks to improve affordability for consumers and ease burdens on automakers — a move his administration says will save Americans $109 billion.   At A Glance Trump signed off ending Biden-era CAFE standards, pointing to lower vehicle costs and support for automakers. The rollback could avoid $109 billion in additional costs for U.S. car buyers, per White House estimates. Industry leaders from Ford, GM, and Stellantis backed the change; critics warn of increased emissions and health risks. In a Dec. 3 White House event, President…

New York faces soaring energy bills as utilities seek record rate hikes, aging grid infrastructure demands upgrades, and federal renewable policies shift. Consumers struggle with affordability, late payments, and rising costs of delivery and energy supply across the state.   Why is New York Facing Soaring Energy Bills? New York faces soaring energy bills because utilities are raising rates to cover the costs of grid upgrades, inflation, and policy-driven changes in energy supply. ? Utilities seek double-digit rate hikes across the state ? Aging infrastructure and storm repairs increase delivery costs ? Federal policies and gas dependence push energy prices…

Wall Street backs Rick Perry’s $19 billion nuclear-powered data center venture, Fermi America, combining nuclear energy, AI infrastructure, and data centers to meet soaring electricity demand and attract major investors betting on America’s clean energy technology future.   What is "Wall Street Backs Rick Perry’s $19 Billion Nuclear-Powered Data Center Venture”? Wall Street is backing Rick Perry’s $19 billion nuclear-powered data center venture because it combines the explosive growth of AI with the promise of clean, reliable nuclear energy. ✅ Addresses AI’s massive power demands with nuclear generation ✅ Positions Fermi America as a pioneer in energy-tech convergence ✅ Reflects…