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July 22, 2024

Inflation Reduction Act (IRA)

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Long-term Optimism Meets Short-term Concern at Offshore WINDPOWER 2023
The American Clean Power Association’s Offshore WINDPOWER conference discussed uncertainty and the need for federal support amidst supply chain snarls and high interest rates.
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MISO Defends Fleet Predictions over Monitor’s Skepticism
Doubts continue to swirl around which version of MISO’s future fleet mix is appropriate for long-range transmission planning — the Independent Market Monitor’s or the RTO’s itself.
Lawrence Berkeley National Laboratory
Berkeley Lab: Utility-scale Solar Heading for Record 2023
After a down year, the Berkeley Lab sees new utility-scale solar capacity increasing more than fourfold by the mid-2030s to over 50 GW per year.
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Overheard at Deploy23
Coming off the Earth’s hottest summer on record, the conference zeroed in on the public-private partnerships needed to optimize the impact of every penny of the billions in clean energy funding in the IIJA and IRA.
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DOE: Public-private Partnerships Key for Deploying Clean Tech at Scale
DOE gets business friendly. “The private sector has heard that DOE wants to hear their opinions and is willing to be responsive to what they have to say," said LPO Director Jigar Shah.
EPA
EPA Predicts IRA Will Speed Electric Emissions Reductions
A new EPA report predicts significant emissions reductions in the electrical sector because of provisions of the Inflation Reduction Act.
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Treasury Previews ‘Phase 2’ of IRA Tax Credit Rollout

Starting in 2024, consumers buying an electric vehicle that qualifies for a $7,500 tax credit under the Inflation Reduction Act.

NRDC
NRDC Lays out Responsible Tx Expansion Recommendations

The U.S. must double the number of transmission projects permitted and built each year to meet its clean energy potential, according to the NRDC.

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Overheard at Infocast Texas Clean Energy Summit
The Infocast Texas Clean Energy Summit attracted several hundred developers, asset owners, financiers, investors and ERCOT stakeholders to discuss the booming opportunities and looming challenges in today’s renewables environment.
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DOE Puts Up $15.5 Billion to Retool Factories for EVs
DOE announced $15.5 billion from several sources that will help American manufacturers retool for EVs, preserving well-paying jobs in the process.

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