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July 23, 2024

Inflation Reduction Act (IRA)

Ford
Fewer EVs May Get IRA Tax Credit Under New Domestic Content Rules
The U.S. Treasury Department just made its March deadline for issuing guidelines on the domestic content provisions for EV tax credits.
© RTO Insider LLC
Podesta: US Automakers Will Scramble to Meet EV Tax Credit Provisions
The Biden administration will deliver long-awaited guidelines for the domestic content provisions of the Inflation Reduction Act’s electric vehicle tax credits.
The White House
NY Utilities to Seek $900M from DOE
Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.
LG Energy Solution
LG Energy Solution Quadruples Size of Ariz. Factory Plan
LG Energy Solution said it would build a $5.5 billion factory in Arizona with an annual capacity of 43 GWh of vehicle and stationary batteries.
© RTO Insider LLC
EPSA Forum Speakers Focus on Hurdles to Energy Transition
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
David Maiolo, CC BY-SA-3.0, via Wikimedia
Republicans Opening Offer on Permitting is Missing Electric Tx
House Republicans are moving the first energy permitting bill through Congress, but it lacks any provisions around electric transmission.
EIA
EIA: Major Solar Growth Ahead, but EV Adoption Stalls After 2030
EIA projects the U.S. will be able to cut energy-related CO2 emissions 25 to 38% below 2005 levels by 2030, which falls short of President Biden’s target.
© RTO Insider LLC
Overheard at CERAWeek 2023
The energy transition and the march of technology were key highlights of CERAWeek by S&P Global, which attracted a record 7,200 attendees.
© RTO Insider LLC
Decarbonizing the Grid Faces Hurdles Despite Recent Laws
Experts explained to ACORE's Policy Forum what hurdles remain to be overcome after Congress passed the most ambitious clean energy legislation last year.
© RTO Insider LLC
Democrats Make the Case for Updating Permitting Laws at ACORE
Democratic officials told ACORE that a package emerging from House Republicans is a poor start to addressing permitting concerns.

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