February 23, 2025

NetZero Insider

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Senate Energy and Natural Resources Committee
Senate Confirms Trump’s Energy, Interior Secretaries
The U.S. Senate voted to confirm President Donald Trump’s nominee to be secretary of energy, Chris Wright, 59-38, days after confirming Doug Burgum as secretary of the interior.
Hydro-Québec
Uncertainty Remains Around Energy Tariffs amid Last-minute Deals
As the Trump administration forged last-minute agreements with Canada and Mexico to postpone steep new tariffs, the energy industry fretted about potential fallout for cross-border supply chains and wholesale electricity markets 
Ørsted
Ørsted Replaces CEO Mads Nipper
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Shutterstock
Shell Quits Atlantic Shores Offshore Wind Project in NJ
Atlantic Shores said its offshore wind project in New Jersey will continue despite Shell's exit, which caused the oil supermajor a $1 billion impairment.
Pacific Steel Group
‘Green’ Steel Mill Gets Financial Boost from CEC Grant
Pacific Steel Group is planning a zero-carbon-emission steel mill near Mojave, Calif., in a first-of-a-kind project that will set an example for industrial decarbonization.
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New England Gas Generation Hit a Record High in 2024
As overall power production ticked up in New England in 2024, natural gas generation reached its highest annual total in the region’s history, accounting for over 55% of all generation and 51% of net energy for load, according to new data from ISO-NE.
BloombergNEF
Global 2024 Energy Transition Investments Estimated at over $2T
While it was the first time BNEF calculated global energy transition investments at greater than $2 trillion in its annual report, the 11% year-over-year growth was less than in the preceding three years.
NYPA
NYPA Finalizes Road Map for Renewables Development
NYPA said it is pursuing 37 solar and storage projects totaling 3 GW of nameplate capacity, most of them in partnership with private-sector developers.
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Overheard at USEA State of the Energy Industry Forum 2025
Participants at the United States Energy Association’s 2025 State of the Energy Industry Forum discussed topics such as demand growth, nuclear fusion and energy efficiency.
ACEEE
ACEEE Report Highlights Success of ‘Next Generation’ Efficiency Policies
ACEEE released a report highlighting how states are moving forward with energy efficiency resource standards and laying out some best practices.

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