In what could be a boost to U.S. geothermal energy development, Los Angeles has signed a $94-million long-term contract with Reno, Nev.-based energy developer Ormat Technologies Inc. to buy 150 MW from its portfolio of northern Nevada geothermal projects.
President Trump’s announcement that the U.S. will withdraw from the Paris climate accord has catalyzed the already strong transition to renewable energy and commitments to reduce carbon emissions.
Energy Secretary Rick Perry has directed his department to examine whether subsidies, wholesale markets or other incentives may be skewing electric markets to favor one electricity power source over another or make the electric grid less resilient.
The fossil-fuel industry can’t be restored by rolling back the Clean Power Plan or other clean-energy programs. That train has left the station. Trump would do better to catch it and try to direct where it goes.