DOE Removes Renewable Energy Offices, Prioritizing Fossil Fuels and Nuclear Power
The Trump administration has eliminated or altered key Department of Energy offices supporting grid decarbonization, including the Office of Clean Energy Demonstrations, the Office of Energy Efficiency and Renewable Energy, and the Office of Fossil Energy and Carbon Management [1]. These offices have been replaced with new offices centered on nuclear energy and fossil fuel deployment [1]. This move represents a significant shift in federal support for renewable energy deployment across the United States [1].
Ocean Winds Secures €2 Billion Financing for Polish Offshore Wind Project
Ocean Winds has achieved financial close for its BC-Wind project in Poland, securing approximately €2 billion in project finance investment to complete construction of the 390 MW bottom-fixed offshore wind facility [2]. The European Investment Bank is contributing close to one-third of the entire project finance, alongside Spain’s Instituto de Crédito Oficial and 13 commercial banks [2]. The wind farm is expected to deliver its first power in 2028 and will provide clean electricity to nearly half a million Polish households [2].
Maryland Environmental Groups Push for Accelerated Energy Storage Deployment
Environmental and consumer advocates have requested that the Maryland Public Service Commission expedite the acquisition of new, low-cost clean energy and storage capacity authorized by the state’s Next Generation Energy Act [1]. The act requires the PSC to solicit proposals for up to 1,600 MW of energy storage capacity, with an initial proposal deadline of January 1, 2026 [1]. Swift approval could help projects capture expiring federal tax credits