Several reports this week are shedding light on how the energy sector is at a crossroads because of Trump administration policy, congressional action and surging electricity demand from artificial intelligence.
From gas turbines to electric vehicle batteries, technologies are facing an uncertain future that will influence the makeup of the grid and transportation system. Legislation moving through Congress as part of a GOP budget reconciliation package could dramatically change which industries are eligible for lucrative tax credits. And tariff policy and the outcome of fiscal 2026 budget negotiations are set to affect many energy sectors.
Here are three numbers to watch from new data that illustrate shifts in the energy sector:
The amount that new clean energy installations on the grid could be reduced over the next decade if tax credits are repealed along the lines of what moved through the House Ways and Means Committee this week, according to a new analysis from research firm Rhodium Group. Tax credit repeals could raise household energy costs 7 percent by 2035, it said.
