Core Viewpoint - The Trump administration is unlikely to approve solar or wind energy projects, citing concerns over land use and supporting traditional fossil fuels, which may exacerbate worries among renewable energy companies [1][2] Group 1: Renewable Energy Policy - The federal government has tightened the permitting process for renewable energy projects, now centralized under Interior Secretary Doug Burgum, giving him final decision-making authority [1] - Trump's "One Big Beautiful Bill Act" aims to terminate investment tax credits and production tax credits for wind and solar energy by the end of 2027, which have been crucial for the expansion of renewable energy in the U.S. [2] Group 2: Impact on Energy Costs - The price of new electricity capacity in the PJM Interconnection auction increased by 22% compared to last year, indicating rising electricity costs amid tightening supply [2] - High tariffs on steel and copper imposed by the Trump administration have significantly raised the costs of solar and wind projects [3] Group 3: State-Level Initiatives - States like California may continue to push for solar and offshore wind projects as long as they do not require federal land or key federal permits, contrasting with the federal stance [4] - California's "AB 205" law allows for expedited environmental review and permitting for large-scale solar and wind projects, demonstrating a state-level commitment to clean energy [5] Group 4: Data Center Energy Demand - Major tech companies' demand for renewable energy is driven by their carbon reduction goals, and the suppression of renewable energy could lead to increased electricity costs for large AI data centers [3] - The rapid expansion of AI data centers, which are critical for the operation of generative AI applications, underscores the importance of a reliable electricity supply [3]