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November 19, 2024

Inflation Reduction Act (IRA)

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Overheard at the GCPA Spring Conference
The Gulf Coast Power Association’s annual spring conference revolved around how Texas and its coastal region can become a hotspot for energy innovation.
Shutterstock
RTO Wind, Solar PPA Offer Prices Continue Rise in 2023
Renewable PPA offer prices continued to rise in the first quarter of 2023, up one-third over a year earlier.
GM
Treasury Releases Revised List of EVs Eligible for IRA Tax Credits
The Treasury Department's revised list of EVs qualifying for federal tax credits provided mixed news for U.S. and foreign automakers and prospective buyers.
New York 2023: Growing Pains for the Energy Transition
The 2023 New York Energy Summit focused on the financial, regulatory and technology landscape in the state as it presses forward with its energy transition.
DOE
IRA Tax Credits Draw Clean Energy Projects to Coal Communities
Millions in new funding and bonus tax credits are heading to new clean energy projects in communities impacted by the closure of fossil fuel-based industries.
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Transparent, Traceable Supply Chains Key to EV Domestic Content Rules
The transparency and traceability of critical minerals and battery components will be essential for automakers as they work to meet domestic content provisions.
Bureau of Safety and Environmental Enforcement
GOP Energy Bill Passes House, Heads for Hostile Senate
The GOP-led House passed a fossil-fuel friendly energy infrastructure bill that Democrats said will be “dead on arrival” in the Senate.
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.
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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.

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