News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
ENVIRONMENT
Trump Administration Eliminates Federal Vehicle Emissions Standards - The administration of President Donald Trump on Thursday announced the repeal of a scientific finding that greenhouse gas emissions endanger human health, and eliminated federal tailpipe emissions standards for cars and trucks. "Under the process just completed by the [Environmental Protection Agency], we are officially terminating the so-called endangerment finding, a disastrous Obama-era policy that severely damaged the American auto industry and drove up prices for American consumers," Trump said, saying it was the biggest deregulatory action in U.S. history. (Reuters)
POWER
Exelon Sees Strong 2026 on Horizon from Robust Power Demand - U.S. utility Exelon on Thursday forecast full-year adjusted profit largely above analysts' expectations after beating fourth-quarter earnings estimates, driven by higher electricity rates and rising power demand. The company forecast 2026 adjusted profit between $2.81 and $2.91 per share, compared with analysts' average estimate of $2.84, according to data compiled by LSEG. Exelon projected $41.3 billion of capital expenditure over the next four years, up from $38 billion previously. (Reuters)
Entergy Hikes Spending Plan - U.S. electric utility Entergy on Thursday raised its long-term capital expenditure plan by $2 billion, as power producers rush to meet growing demand from artificial intelligence-driven data centers. The New Orleans based utility now forecasts $43 billion in capital spending for 2026 to 2029, including $11.6 billion marked for this year. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info Resources
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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