The Trump administration is seeking to speed the development of power plants, power lines and other energy projects that can help meet the mounting electricity demand from AI and manufacturing.

The initiative comes as projected energy demand growth is outpacing the existing electric grid, the Energy Department said on Thursday. The agency said it is seeking to marshal its technical know-how and billions of dollars in financial support and is asking for assistance from state energy offices, public utilities and other others in identifying large-scale power and electricity grid projects.

The effort comes as the agency has warned of blackouts if coal-fired and natural gas power plants continue to close, amid rapidly expanding electricity demand. The Trump administration has also moved aggressively to block solar and wind power projects on federal land waters.

More stories like this are available on bloomberg.com

Published on September 19, 2025