Recently, the U.S. Department of Energy announced it will cancel $13 billion in funding originally intended to support the deployment of clean energy, including solar and wind power .
U.S. Secretary of Energy Chris Wright stated: “By returning these funds to taxpayers, the Trump administration reaffirms its commitment to promoting more economical, reliable, and secure U.S. energy, while using taxpayer funds more responsibly” .
Prior to this, the U.S. Environmental Protection Agency had already canceled the $7 billion “Solar for All” program grant, meaning the project is completely terminated .
Just last Thursday, the Department of Energy had announced the launch of the “Speed to Power” initiative . The Department of Energy announced the launch of the “Speed to Power” plan, aiming to mobilize its technical expertise and billions of dollars in funding support to address the first significant increase in energy demand in twenty years . This move is accompanied by clear support for fossil fuels. The Department of Energy has ordered several coal and natural gas power plants originally scheduled for closure to continue operations and warned that if these plants continue to shut down against the backdrop of rapidly expanding electricity demand, it could trigger power outages .
