Today’s headlines: Stellantis pulls back on EVs, Amazon’s solar win, and more

This roundup of U.S. energy news headlines is part of our Canary Media Daily newsletter. Sign up to get it in your inbox each morning.

TRANSPORTATION

• Stellantis announces a $26.5 billion write-down as it pares back EV ambitions in the face of sluggish demand for its battery-powered cars. (Reuters)
• The Trump administration confirms it is rescinding $1.5 billion in health and transportation funds from blue states, much of which would have gone toward building out EV chargers. (The Hill)
• Sales of new fossil-fueled cars hit a record low in Norway last month, as buyers purchased over 2,000 EVs, 29 hybrids, 98 diesel-fueled vehicles — and merely seven petrol cars. (The Guardian)
• Americans now own more than 600,000 EVs that can double as emergency power sources for drivers’ homes. (Bloomberg)

OFFSHORE WIND

• Offshore wind could have cut the risk of demand-driven power outages in New England by more than half last winter, according to a new study. (E&E News)
• Empire Wind developer Equinor is optimistic it will be able to complete the project on schedule, though its legal fight against the Trump administration is ongoing. (RTO Insider)

CLEAN ENERGY

• Amazon outbids Puget Sound Energy for a huge solar farm in Oregon, prompting the Washington state utility to worry about increased competition for energy resources from AI companies. (Seattle Times)
• As Donald Trump attacked the renewable energy industry last year, companies canceled or downsized more than $34 billion in U.S. clean energy projects in 2025, a new report finds. (E&E News)

FOSSIL FUELS

• A federal judge strikes down a Texas law that bars the state from investing in companies that boycott fossil-fuel companies, saying the measure is unconstitutional and overly broad. (New York Times)
• The Trump administration says it will hold an auction in March for oil and gas drilling rights across 5.5 million acres in Alaska’s National Petroleum Reserve, marking the first time that has happened since 2019. (Reuters)

NUCLEAR

• As the Trump administration looks to build out small nuclear reactors in the U.S., it asks states to volunteer to host sites to permanently store nuclear waste. (Reuters)
• Dominion Energy plans to ship nuclear waste from a Virginia plant by rail to Idaho National Laboratory, in what will be a public test of whether the federal government and private industry can safely manage nuclear waste transportation. (E&E News)

EMISSIONS

• The U.K.’s greenhouse gas emissions fell 3% in 2024 compared to the year prior as the country got more power from renewables, imported more electricity, and closed its last coal power plant. (The Independent)