The energy secretary says that the Turks Reversen Revessing Era Electricity policies
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Energy secretary Chris Wright On Sunday, he said that the energy policies of the Trump Administration will lower electricity prices during the President’s term as part of the White House’s efforts to address American’s cost concerns.
Wright appeared on “Fox News Sunday with Shannon Bream” and told the guests of the host Jacqui Heinrich that the policies of President Donald Trump were returned to the previous actions, former president Joe Beriden, who had a negative impact on the cost of electricity.
“We are doing everything we can to stop that rise in electricity prices driven by bid policies, and yes, there is inertia going on,” Wright said.
“But soon, you will see a stop to the increase in electricity prices. And with the continuation of Trump’s policies on increasing energy, you will see a decrease in electricity prices later this term,” he added.
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Energy Secretary Chris Wright said on FOX News Sunday that the Trump administration will lower energy prices during the President’s term. (Al Dragon/Bloomberg via Getty Images)
The Bureau of Labor Statistics’ most recent Consumer Price Index (CPI) shows that in September, Electricity prices they were up 5.1% compared to the previous year despite a decrease of 0.5% every month.
The increasing demand for electricity from data centers is used for power artificial intelligence (AI) The instruments contributed to the increase in electricity prices, causing a push to increase the supply of energy from various sources.
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The growing demand for energy from AI has resulted in higher electricity prices. (Joe Raedle/Getty Images)
“So, I think that President Trump’s policies on Pro-Energy, the power to provide energy to the administration have been successful immediately on paper, in dial, in other fuels,” said some oil.
“But the power sector is a big, complex machine that, for four years, The Biden administration Shut down coal plants, shut down natural gas plants. Heck, I was already in Washington State. Four hydroelectric dams would collapse. So, we have stopped digging the hole. We stopped the shutdown of coal plants. You’ll hear more on that later this week,” he added.
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Four dams on the Snake River in Washington, including Lower Granite Dam, are being considered for removal under bid management. (Don and Melinda Crawford / UCG / Universal Pictures Group via Getty Images)
This summer Department of Energy A withdrawal from the BIDEN-ERA memorandum of advanced policy is the possibility of breaking four hydroelectric dams on the Snake River in Washington.
The four dams provide more than 3,000 megawatts Hydroelectric power Generating capacity, the Department of Energy says is enough to power 2.5 million American homes.
The Trump administration raised concerns that their removal “would have doubled the region’s risk of energy shortages, the prices of electricity driven by electricity would rise by 50 percent, and cost $31.3 million.”
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Although the management of the bid envisages the removal of the dams as part of the memorandum of understanding, including the requirements to restore the services provided by the The Snake River Dams, the decision will ultimately rest with Congress.
