The Inflation Reduction Act of 2022 (the “IRA”) features $260 billion in clean-energy tax credits. While the IRA extends many existing clean-energy tax credits, like the energy production tax credit and investment tax credit for wind and solar, it also establishes new credits, including credits for advanced manufacturing and hydrogen production. Additionally, beginning in 2025, taxpayers with zero emissions facilities would have added flexibility to choose between using a new technology neutral production tax credit or investment tax credit.Continue Reading Expansion and Long-Term Stability of Climate and Energy Tax Credits
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Evolving Role of Utilities: Indicators That New Power Technologies May Be Transformative
By Inside Energy on
Posted in Electricity Grid
Many forces are converging to focus the debate on the evolving role of utilities, and events and trends are being closely watched by utilities, regulators and policymakers. Just in the last week or so, a few developments indicate that new technologies are likely to be transformative.
On the innovation front,…
Continue Reading Evolving Role of Utilities: Indicators That New Power Technologies May Be Transformative