By Mark Jaffe, EUCI energy writer The Trump administration opposition to offshore wind projects and continuing supply chain issues has ground the U.S. sector to a near halt with only a handful of projects completed or working toward completion. “The U.S. offshore wind power industry today effectively consists of just seven projects in the Northeast…
By Mark Jaffe, EUCI energy writer Investment in renewable energy and other clean tech sectors faltered in the first half of 2026, according to analyses by BloombergNEF (BNEF) and the Rhodium Group. Renewable energy investment reached $327.5 billion for the first six months of 2026, about the same as the previous six months, based on…
By Mark Jaffe, EUCI energy writer The use of artificial intelligence could unlock $230 billion in savings for oil and gas operators and oilfield service companies, according to a McKinsey & Co. white paper. There are a variety of oilfield operations that lend themselves to AI management and optimization for they generate measurements and data…
By Mark Jaffe, EUCI energy writer Spurred by surging demand from data centers, the U.S. nearly doubled its projected natural gas-fired generating capacity – surpassing China – but how much will get built is still uncertain, according to an analysis from Global Energy Monitor (GEM). There are now 189 gigawatts (GW) of gas-fired capacity in…
By Mark Jaffe, EUCI energy writer The United States is set to produce a record amount of natural gas in 2026 – an average of 122.5 billion cubic feet a day – surpassing the 2025 record by 3.3%, according to the federal Energy Information Administration (EIA). From 2009 through 2024, the most recent year for…
By Mark Jaffe, EUCI energy writer Major natural gas turbine manufacturers all reported growing backlogs for orders from around the globe in the third quarter of 2026. GE Vernova’s buildup in orders reached 116 gigawatts (GW) with delivery of turbines now slated for 2031. Siemens Energy booked 15 GW of turbine orders in the quarter,…
By Mark Jaffe, EUCI energy writer U.S. oil and gas mergers and acquisition (M&A) value fell to $9.1 billion in the second quarter of 2026, the third-lowest quarterly total since 2020, as sector volatility due to the Iran war made it difficult to value properties, according to Enverus Intelligence Research. The deals marked a 76%…
By Mark Jaffe, EUCI energy writer Facing economic, regulatory, and political pressures, as well as a surge in demand for electricity, the PJM Interconnection, the nation’s largest grid, is taking steps to get more power and manage peak demand. The grid operator, serving all or parts of 13 mid-Atlantic and Midwestern states and Washington, D.C.,…
By Mark Jaffe, EUCI energy writer Global liquefied natural gas (LNG) trade increased 5.4%, hitting a record 56.3 billion cubic feet per day (Bcf/d) in 2025, spurred by new export capacity in the United States, according to a report from the International Group of Liquefied Natural Gas Importers. “The market was reshaped by a strong…
By Mark Jaffe, EUCI energy writer Facing a data center building boom, states are taking a broad range of actions from declaring a moratorium to enacting legislation to seeking a pledge from developers that they will not impact electric rates. The rapid growth of data centers has turned into a political issue in some states.…
By Mark Jaffe, EUCI energy writer Despite the Trump administration’s sharp turn on energy policy, 74% of new clean energy capacity slated to be built by 2035 under the Biden administration’s policy will still be built, according to a Massachusetts Institute of Technology (MIT) analysis. As a result, 67% of the greenhouse gas emission reductions…
By Mark Jaffe, EUCI energy writer The largest increase in energy supply in 2025 came from renewables – spurred by solar, according to the 2026 Statistical Review of World Energy. It is the first time renewables have led outside a recession year. All renewables, including hydro and biofuel, grew by 7% – with solar accounting…
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