February 25, 2025

NetZero Insider

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RWE
RWE Pauses Investments in US Offshore Wind
RWE, which holds offshore wind leases off the Atlantic, Pacific and Gulf coasts, said it is pausing capital expenditures on development there for two years due to increased risk and uncertainty. 
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Wash. Dems Save Inslee’s Climate Legacy, Prepare for Challenges
Washington Gov. Jay Inslee’s biggest anti-global warming measure remains intact after the state’s voters rejected a ballot initiative to repeal the nation’s second cap-and-trade program. 
EDP Renewables
NJ BPU Updates Proposal for Storage Incentives
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
DOE
White House Releases Plan to Triple US Nuclear Power by 2050

The Biden administration wants to jumpstart a “nuclear deployment ecosystem” by getting 35 GW of new nuclear power online or under construction by 2035 and then build to a steady pace of deploying 15 GW per year in the U.S. and globally by 2040.

BOEM
SouthCoast Wind Nears Federal Approval with FEIS Release
The Bureau of Ocean Energy Management issued the final environmental impact statement for SouthCoast Wind, bringing the project one step closer to final approval.
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NY Solar Summit Looks for Continued Momentum
NYSEIA is looking to continue the momentum for distributed solar after a key milestone was achieved, but plenty of challenges remain.
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US Governors, Mayors to Pledge Ongoing Climate Action at COP29
President Biden and Vice President Harris will not travel to Azerbaijan for COP29, but a group of U.S. mayors, governors and corporate leaders is carrying a message of continued commitment to the goals of the Paris Agreement.
Shutterstock
Trump 2.0: Rolling Back Regulations, IRA Funding
In the wake of President-elect Donald Trump’s victory Nov. 5, the clean energy industry is now obsessing over how far the next administration will push his own agenda in favor of fossil fuels,
Office of Gov. Gavin Newsom
Newsom Convening Legislature to Protect California ‘Values,’ Policies
The California governor is convening a special session of the state legislature to take steps “to safeguard California values” — including the fight against climate change — ahead of president-elect Donald Trump’s second term.
Lawrence Berkeley National Laboratory
CEC Floats $38M for Offshore Wind R&D
California’s floating offshore wind industry is getting a boost from $30 million in research and development funds from the state Energy Commission’s EPIC program.

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