WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, readers! We hope you all had a restful weekend. We are in for another heat wave this week for parts of the East Coast. For more information on the upcoming heat wave and ways to stay safe, read here. ☀️🫠Welcome to Daily on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for tips, suggestions, calendar items, and anything else. If a friend sent this to you and you’d like to sign up, click here. If signing up doesn’t work, shoot us an email, and we’ll add you to our list.The White House plans to announce an initiative in which utility companies and data center developers will voluntarily pledge that the expansion of data centers will not drive household electricity bills.
The initiative: The initiative will broaden commitments made by Big Tech companies earlier this year by also including electric utilities and data center developers and operators, as well as governors, Reuters reports.Data center development has increasingly faced pushback because of fears of rising energy prices, water consumption, and noise pollution. The White House did not respond to Daily on Energy’s inquiry regarding the pledge. Some background: The White House earlier this year announced the “Ratepayer Protection Pledge,” in which a number of big tech companies vowed to finance new power generation for data center projects. The House Energy and Commerce Committee has a similar bill, known as the “Ratepayer Protection Act,” which would require state regulators to create standards for large-load customers to cover the costs related to new generation, transmission lines, and other upgrades. OIL MARKET LATEST:
