Overview
- The Commerce Department expanded Section 232 duties to cover wind turbines and components, making their steel and aluminum content subject to a 50% tariff.
- Electricity prices were 5.5% higher in July year over year, and an EIA-based analysis found average residential rates rose roughly 10% from January to May.
- Energy Secretary Chris Wright acknowledged prices are rising but attributed the increases to Obama‑Biden policies, rejecting claims that the administration’s renewables rollback is to blame.
- PJM Interconnection’s latest capacity auction cleared 22% higher, with analysts expecting the result to lift consumer bills by roughly 1.5% to 5% when new rates take effect next year.
- Climate Power reported 64,000 renewable jobs cut or paused and $33.87 billion in projects canceled or delayed since Trump’s election, citing lost investment tied to policy changes.