DOE’s national labs reportedly consider layoffs amid budget cuts
Proposed budget cuts could lead to the National Renewable Energy Laboratory and Pacific Northwest National Laboratory each laying off around a thousand employees.
Proposed budget cuts could lead to the National Renewable Energy Laboratory and Pacific Northwest National Laboratory each laying off around a thousand employees.
The facility’s owner, Enbridge, will invest $900 million to finish the power plant near San Antonio.
Building electrification, data centers, industrial growth and electric vehicles are among the factors contributing to growth, according to the prediction.
CEO Badri Kothandaraman said the company expects “safe harbor” purchases to accelerate later in the year ahead of a sharp sales contraction in 2026.
As part of the deal, Constellation Energy agreed to sell four power plants in the PJM Interconnection to reduce its ability to exert market power.
Several such sites are already in the works, including the $1 billion Meitner Project in Texas, which is developing wind, solar and hydrogen resources.
Project changes will require meticulous due diligence involving legal and finance teams. Those who can show robust tracking and tracing protocols may be among the biggest winners.
Invenergy, the project’s developer, said earlier this month that the proposed 800-mile line was “the target of egregious politically motivated lawfare.”
Gas-fired power plants will likely make up most of the projects selected for the expedited reviews, according to ClearView Energy Partners.
The Trump administration will likely seize on the auction results to justify keeping thermal power plants, namely coal, in PJM from retiring, according to analysts with Capstone.