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December 19, 2024

Inflation Reduction Act (IRA)

DOE
DOE Kickstarts Build-out of Uranium Supply Chain Needed for Advanced Reactors
DOE released RFPs to build a U.S. supply chain for the specialized uranium fuel needed for advanced nuclear reactors — now available only from Russia.
Speaker Kevin McCarthy
Debt Ceiling Bill Provides ‘Mini-deal’ on Permitting
A debt ceiling compromise reached by President Biden and House Speaker McCarthy would cut NEPA review times but would not roll back IRA climate provisions.
© RTO Insider LLC
Overheard at NECPUC 75th Annual Symposium
Transmission planning, energy siting and maximizing federal funding highlighted discussions at NECPUC's 75th annual symposium last week.
American Clean Power Association
ACP Finds Renewable Deployments Slowed in Q1
New renewable deployments were down in the first quarter this year as the industry continues to face headwinds, the American Clean Power Association said.
NREL
Biden Veto Upholds 2-year Moratorium on Solar Tariffs
President Biden vetoed a resolution to end the moratorium on solar tariffs imposed on equipment produced in Cambodia, Malaysia, Thailand and Vietnam.
The Coalition for Renewable Natural Gas
Renewable Natural Gas Seen as Pathway to Low-carbon Hydrogen
Using RNG as a feedstock offers hydrogen producers a shortcut to claiming the full federal tax credit created for hydrogen production, industry experts said.
Shutterstock
USDA Announces $10.7B for Rural Clean Energy Projects
USDA announced $10.7 billion in funding from the Inflation Reduction Act to help rural electric cooperatives fund zero-emission and carbon capture projects.
Constellation Energy
Constellation CEO: Nuclear PTC Could Extend Reactors’ Life to 80 Years
Constellation says the IRA's tax credits for nuclear could boost its profits by $100 million per year and help extend the life of its reactors to 80 years.
Shutterstock
Biden to Veto Bipartisan Rollback of Solar Tariff Moratorium
Biden plans to veto a joint resolution rolling back a two-year moratorium on tariffs on solar panels and cells from four Southeast Asian countries.
NextEra
Report: Energy Storage Would Save Indiana Utilities $73M
Three Indiana utilities could save customers a combined $73 million if they ditched plans to build new gas plants and invested in battery storage, report says.

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