The media spotlight has fixed on the January 6 insurrection hearings in Congress, and rightfully so. Those responsible for that history-making event should be called to account for their actions. Nevertheless, the House and Senate still have the routine matter of the reconciliation bill to take up, which provides an opportunity to support federal clean energy policy, especially for solar power and energy storage. Their decisions will directly have an impact on hundreds of businesses, tens of thousands of working Americans, and the future of a livable climate on Earth.

According to Agribank Securities Company (AGR), the first quarter of this year saw a lack of 300MW of thermal power due to a coal shortage. The risk of a coal shortage in the coming months has forced factories to actively seek imported coal sources to supplement output. However, because coal prices are limited by Vietnam Electricity (EVN), businesses will face difficulties in negotiating prices with foreign suppliers to ensure profit margins for factories.

Australian companies Woodside Energy and Fortescue Future Industries are counterparties in final stage negotiations to become lead developer of the prospective world’s largest green hydrogen plant in Southland.