February 23, 2025

NetZero Insider

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Shutterstock
Virginia Legislators Introduce Bills to Deal with Data Center Growth
Virginia legislators introduced a series of bills they hope to pass in a short session this year aimed at addressing demand growth from data centers through cost allocation of utility rates, increased transparency in planning and tying tax incentives to efficiency requirements.
New York Governor's Office
NY Defers Action on Controversial Cap-and-invest
Development of a greenhouse gas emissions cap-and-invest system first proposed two years ago is getting pushed further down the road in New York.
CARB
Calif. Lagging on Hydrogen Fueling Station Target, CARB Finds
Rather than expanding its network of light-duty hydrogen-fueling stations, California lost three stations last year, casting doubt on the state’s ability to meet a 200-station goal, a new report found.
Office of Gov. Gavin Newsom
Newsom Budget Lays out Cap-and-trade Extension, Climate Spending
California lawmakers may consider extending the state’s landmark cap-and-trade program, following a request from Gov. Gavin Newsom in his 2025/26 budget proposal.
Shutterstock
FHWA Awards $635M for EV Chargers, Hydrogen Fueling Stations
The grants represent the second round of funding from the IIJA’s $2.5 billion Charging and Fueling Infrastructure program.
Constellation Energy
Constellation to Acquire Calpine for $29.1B
Constellation Energy Corp. will acquire Calpine Corp. in a deal that will create the largest U.S. fleet of zero- and low-emission power generation.
Hydrostor
LPO Offers $1.76B Loan Guarantee for Compressed Air Energy Storage
The Willow Rock Energy Storage Center is expected to bolster reliability of the California grid with 500 MW/4,000-MWh of long-duration storage. 
Internal Revenue Service
IRS Issues Low-income Clean Electricity Rules
Rules and guidance for the federal Clean Electricity Low-Income Communities Bonus Credit have been finalized and will be published shortly.  
Shutterstock
Delaware, US Wind Finalize $100M+ in Community Benefits
Delaware has finalized a benefit agreement with US Wind for allowing the developer to use a state park to run export cables from the offshore wind farms it hopes to build.
Consumers Energy
DC Circuit Rejects Challenge to FERC Approval of Indiana Pipeline
The D.C. Circuit found the commission appropriately approved a new pipeline in Indiana meant to serve new natural gas generation that the state approved.

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