President Trump recently declared a national energy emergency, emphasising the urgent need to enhance the United States’ energy infrastructure and achieve energy independence. Treasury Secretary Scott Bessent highlighted that the U.S. is in an “energy race” with China, underscoring the importance of securing domestic energy resources and developing a dynamic reliable electrical grid. This declaration aims to address the inadequacies in the current energy supply and infrastructure, which have led to high energy prices and an unreliable grid. The executive order highlights the importance of a reliable, diversified, and affordable energy supply for national security and economic stability. A key component of this initiative is the modernization and expansion of the electrical grid to ensure it can meet the increasing demand for energy. The administration is also committed to lowering red tape and regulations to expedite the approval process for mines and other critical infrastructure projects in order to achieve its goals.