WASHINGTON—The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) celebrates the one-year anniversary of President Trump’s historic Working Families Tax Cuts. Made possible by the Working Families Tax Cuts, EDF has tallied several vital wins to rebuild supply chains, lower household energy bills, and strengthen U.S. energy and industrial leadership. The Working Families Tax Cuts expanded the scope of EDF’s more than $250 billion available loan authority to support reliable and affordable energy-related investments through the revamped and renamed Energy Dominance Financing Program (EDFP). “The prior administration had policies that undermined our grid with intermittent and expensive technologies that didn’t deliver the affordable, reliable and secure energy that Americans need,” EDF Director Gregory A. Beard said. “The Working Families Tax Cuts empowered the nation with a common-sense approach to increasing the nation’s energy supply through ensuring baseload power goes to a secure and reliable grid, securing critical mineral supply chains, winning the global AI race and launching the American nuclear renaissance.” EDF is working to rapidly implement and deploy the EDFP. Over the past year, these accomplishments include: Financing America’s nuclear renaissance EDF has financed nuclear restarts and reestablished domestic manufacturing capabilities central to the Administration’s goal of reinvigorating the U.S. nuclear industrial base. As part of a national nuclear renaissance strategy, EDF recently announced a $17.5 billion conditional loan to finance long-lead time items needed to rebuild America’s commercial nuclear supply chain. This investment will accelerate the deployment of 10 large-scale commercial nuclear reactors across the United States by up to three years. The project marks a major step toward advancing President Trump’s Executive Order, Reinvigorating the Nuclear Industrial Base, by supporting the objective of having 10 new large nuclear reactors with complete designs under construction by 2030, representing over 11 GW of secure, reliable generation. EDF

WASHINGTON—U.S. Secretary of Energy Chris Wright today announced the Department of Energy (DOE) has issued a Notice of Proposed Rulemaking to permanently end home appliance and equipment mandates that raise costs and disrupt consumer choice. The proposal will update the Department’s Process Rule used to establish energy conservation standards for household appliances and equipment, including air conditioning units, gas stoves, washing and drying machines, water heaters, refrigerators, and other products Americans rely on every day. In accordance with President Donald Trump’s Executive Order, “Unleashing Prosperity through Deregulation,” the proposal will preserve consumer choice and lower costs.  “In America, you should be able to choose a dryer that dries clothes on the first try rather than one that takes multiple cycles—unfortunately, past administrations thought otherwise,” Secretary Wright said. “For too long, the American people paid the price for mandates that restricted consumer choice and drove up costs. President Trump promised to end thisnonsense and that is exactly what we are doing. This proposed rule will preserve the American people’s ability to choose home appliances and equipment that actually work — at prices they can afford. It’s called common sense.”  “From day one, the Trump Administration has offered relief to consumers, businesses, and industries through bold deregulatory action,” said Assistant Secretary of Energy (EERE) Audrey Robertson. “This proposal is about the future. It will ensure that new regulations promote affordability, preserve consumer choice, and meet the highest standards for transparency and due diligence.”   For further details, read the full text of the Notice of Proposed Rulemaking. Comments will be accepted for 30 days after publication in the Federal Register.  DOE also issued a Request for Information seeking public input on the methodologies used in developing energy conservation standards for covered products and equipment. Comments will be accepted for 60 days after

WASHINGTON—U.S. Secretary of Energy Chris Wright today released the following statement regarding the Working Families Tax Cut July 4, 2026 deadline ending federal tax credit subsidies for new wind and solar projects not currently under construction. For more than three decades, the federal government has subsidized wind and solar energy generation. In 2025, wind and solar accounted for approximately three percent of total U.S. primary energy consumption. “I’m thrilled to report that after about 35 years, on July 4th, we will end the subsidies for wind and solar, thanks to the Working Families Tax Cut. “Wind and solar take a lot of land, 100 times more land for a similar amount of energy. They take an enormous amount of materials, energy intensive materials like steel and cement and polysilicon. “They take an enormous amount of additional transmission lines to connect their large land, far flung production back to where there’s demand centers. “And what do we get for all that is a relatively small amount of low value energy. It’s low value because the wind doesn’t always blow and the sun doesn’t always shine. “So they drive up the system costs and increase Americans’ electricity prices. “Enough of raising electricity prices. We’re going to drive them down. Thank you.” ###

WASHINGTON—As part of the U.S. Department of Energy (DOE) Nuclear Energy Launch Pad initiative, Deployable Energy’s demonstration reactor, Unity, successfully completed a zero-power fueled criticality demonstration at Idaho National Laboratory. Unity, which achieved criticality late yesterday, is the third DOE-authorized advanced reactor to go critical by the July 4th deadline set by President Trump in his May 2025 executive order. This criticality marks DOE’s fulfillment of a precedent-setting directive to reignite nuclear energy innovation in the United States. Earlier this month, Antares Nuclear’s Mark-0 and Valar Atomics’ Ward 250 reactors achieved criticality under DOE’s Reactor Pilot Program, making the United States the first country in history to achieve criticality in three unique advanced microreactor designs in a single month. “Last week, I had the opportunity to see the Unity demonstration reactor firsthand and meet with the talented teams from Deployable Energy, INL and DOE whose work made this historic moment possible on the eve of our nation’s 250th anniversary,” Secretary of Energy Chris Wright said. “America’s nuclear renaissance is underway because of President Trump’s bold vision and ambitious goals. Yesterday, we accomplished a significant milestone on a timeline many thought was unachievable. Advanced nuclear technologies like Unity will help power the next generation of American industry, strengthen our energy security, and ensure the United States remains the world’s nuclear innovation leader.” Deployable Energy completed the Unity criticality experiment under the Nuclear Energy Launch Pad initiative, managed by the National Reactor Innovation Center at Idaho National Laboratory. The next evolution of the Reactor Pilot Program, Nuclear Energy Launch Pad leverages DOE authorization to expeditiously certify and construct first-of-a-kind advanced nuclear technologies for demonstration. “We are proud to be a part of this historic achievement and I want to express Deployable Energy’s gratitude to the administration for setting an audacious goal to

WASHINGTON—The U.S. Department of Energy (DOE) today issued two emergency orders to mitigate blackout risks in the Mid-Atlantic ahead of the region’s predicted record-breaking peak loads brought on by the forecasted hot weather conditions. The first order directs PJM Interconnection, LLC (PJM) to dispatch specified units and to order their operation as needed to maintain reliability. The second order authorizes PJM, in collaboration with its Transmission Owners and Electric Distribution Companies, to direct backup generation resources to operate as a last resort before declaring an Energy Emergency Alert (EEA) 3 or during an EEA 3. The orders were issued pursuant to applications from PJM submitted on June 27 and 29, 2026. “Maintaining affordable, reliable, and secure power in the PJM service territory is non-negotiable,” said U.S. Secretary of Energy Chris Wright. “The previous administration’s energy subtraction policies weakened the grid, leaving Americans more vulnerable during events like this. Thanks to President Trump’s leadership, we are reversing those failures and using every available tool ensuring Americans in the Mid-Atlantic have continued access to affordable, reliable, and secure energy to power and cool their homes.” DOE estimates more than 35 GW of unused backup generation remains available nationwide. On day one, President Trump declared a national energy emergency after the Biden administration’s energy subtraction agenda left behind a grid increasingly vulnerable to blackouts. According to the North American Electric Reliability Corporation’s (NERC) 2026 Summer Reliability Assessment, the peak electricity demand in PJM occurs during the summer season. It further notes that “if extreme high temperatures are experienced, PJM anticipates the need for demand-response resources to help reduce load.” Power outages cost the American people $44 billion per year, according to data from DOE’s National Laboratories. These orders will mitigate the possibility of power outages in the Mid-Atlantic and highlight the commonsense policies of the Trump Administration to ensure Americans have access to

Equinor Energy AS and partners will invest more than 4 billion krone ($400 million) in a new subsea development to increase gas production from Troll field in the North Sea. The Troll West Increased gas recovery North (TWIN) expansion—the third step of Troll Phase 3, which produces gas from the Troll West reservoir—could come online as early as 2028, said Gunnar Nakken, Equinor’s senior vice-president for projects and subsea Norway. TWIN is expected to contribute around 11 billion standard cu m of gas. “By simplifying, increasing standardization and reusing existing infrastructure and equipment, we are reducing costs and enabling faster production,” he said. Equinor aims to produce 1.3 million b/d from the Norwegian Continental Shelf (NCS) in 2035 to meet a portion of Europe’s energy needs. Troll field contains about 40% of NCS total gas reserves, with gas from Troll meeting around 10% of Europe’s gas needs. The TWIN project consists of two wells in a template and a pipeline connected to existing subsea infrastructure. The umbilical and MEG line will be extended to the new development. The second step of Troll Phase 3 is expected to come online this year, continuing production from Troll A platform, 80 km northwest of Bergen, Norway, and the Gassco-operated Kollsnes processing plant towards 2030, Equinor said. Equinor is operator of the project with 30.55% interest. Partners are Petoro AS (55.93%), A/S Norske Shell (8.19%), TotalEnergies EP Norge AS (3.69%), and ConocoPhillips Skandinavia AS (1.64%).