June 17 Energy News

June 17, 2025

World:

¶ “Oil Prices Rise, US Futures Fall As Israel Urges Tehran Locals To Evacuate” • Oil prices resumed their climb and US futures were lower after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. The evacuation warning was for a part of Tehran that houses the country’s state TV and police headquarters. [ABC News]

Tehran (hassan hedayatzadeh, Unsplash)

¶ “Dongfeng-Nissan Bets On A China-First Strategy With The N7 Sedan” • In China, there seems to be a new car coming out every month. Dongfeng Nissan, however, approached  introducing the N7 the Japanese way. A deep market study, good pricing coupled with thoughtful engineering, and a quiet confidence surround the new N7 electric sedan. [CleanTechnica]

¶ “Insurers Shrink From Covering Damage Due To Subsidence And Sinking Buildings” • According to Bloomberg, subsidence is a slow moving climate disaster that has caused tens of billions in damage already and could affect 1.2 billion people. It could lead to loss of $8 trillion in economic output. That’s a lot of money for something people don’t think about. [CleanTechnica]

Cracking from subsidence (LinkedIn image)

¶ “Here Comes The Infinity Train” • After 3 years of anticipation, the long-awaited Gravity (or Infinity) locomotive has arrived in the Pilbara in Western Australia to be put to work transporting iron ore to the coast for shipment to China. This is part of Dr Andrew Forrest’s aim of achieving real zero in all the operations of his mining empire. [CleanTechnica]

¶ “Offshore Wind Workers Up By 24%” • The number of people working in the UK offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today, an increase of 24%, according to the Wind Industry Skills Intelligence Report 2025. It says the number of people working in onshore wind in the UK now stands at just over 15,000. [reNews]

Wind turbine (RenewableUK image)

¶ “New Data Finds That The EU’s Renewable Ethanol Maintains Record Level Of Greenhouse-Gas Reduction” • Production and use of renewable ethanol from ePURE members and other EU producers reduced greenhouse-gas emissions by an average of 79% compared to fossil fuels in 2024, according to newly certified data. [Renewable Energy Magazine]

¶ “Crown Outlines £400 Million Investment Plan” • In a boost for the UK’s offshore wind sector, The Crown Estate has outlined its proposal to invest up to £400 million of capital in the supply chain. These investments are intended to support construction of new infrastructure to enable the deployment of offshore wind across the UK. [reNews]

Offshore wind farm (London Array Limited)

¶ “Uyombo Rejects Nuclear Power Plant Even After Government Persuasion” • Residents of Uyombo and environmental activists on Friday reiterated their opposition to the proposed nuclear power plant in the area. Government Spokesperson Isaac Mwaura said the state remains committed to constructing the facility, despite local resistance. [MSN]

US:

¶ “Supreme Court To Hear Appeal From Chevron In Coastal Damage Lawsuits” • Chevron and other oil and gas companies are appealing a 2024 decision by a federal appeals court that kept the lawsuits seeking redress for coastal land loss and degradation of the environment in Louisiana in state courts. The state courts ordered Chevron to pay over $740 million. [ABC News]

Coastal Louisiana (Brent Woods, Unsplash)

¶ “First-Ever Ban On Watering Lawns In Central Iowa Due To Nitrate Levels In Rivers” • The Central Iowa Water Works has banned about 600,000 commercial and residential customers from watering lawns as near-record levels of nitrates in the Des Moines and Raccoon rivers threaten to overwhelm the water utility company’s ability to treat the water. [ABC News]

¶ “The Unbelievably Big Bad Bill Hurts IRA Incentives And Red States” • Thanks to the Trump administration’s transactional relationship with Big Oil, businesses have canceled or delayed over $14 billion in clean energy and EV investments that resulted from the IRA legislation. They don’t seem to care about the consequences of their actions. [CleanTechnica]

Turbines (American Public Power Association, Unsplash)

¶ “US Senate Panel Advances Bill To Phase Out Clean Energy Tax Credits” • A Senate committee advanced a bill to phase out the investment tax credit by 2028 and end the residential solar tax credit by the end of this year. The “One Big Beautiful Bill” has broader tax code changes that could impact economics of the renewable energy sector. [pv magazine International]

¶ “Lazard Releases 2025 LCOE+ Report” • Lazard Inc announced the release of the 18th edition of its Levelized Cost of Energy+ report, with insights into the cost competitiveness of various technologies for generating electricity. The report explores key aspects of energy generation, energy storage, and system-level considerations.  [Lazard.com]

Solar panels (Soren H, Unsplash)

¶ “T1 Energy Advances $850 Million Planned 5-GW Solar Cell Plant” • T1 Energy Inc selected Yates Construction as contractor for preconstruction services and site preparations for its planned $850 million, G2_Austin 5-GW Solar Cell Facility. The facility is expected to begin producing cells by the end of 2026, and create up to 1,800 full-time jobs. [Renewable Energy Magazine]

¶ “Trump Fires Nuclear Chief in Energy Deregulation Shakeup” • In a dramatic escalation with sweeping implications for the US nuclear industry, President Donald Trump has removed Nuclear Regulatory Commission Chairman Christopher Hanson. This opens up a big vacancy at the top for a candidate with softer regulatory inclinations. [OilPrice.com]

Have an outstandingly awesome day.

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