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November 18, 2024

Inflation Reduction Act (IRA)

Wood Mackenzie/EIA
WoodMac: New Solar Hits 54% of New Generation in US in Q1
Recent reports from industry analyst Wood Mackenzie show new solar soaring but energy storage slumping.
Rhodium Group
IRA Gets US Emissions Close to Pledged Levels, Report Finds
The IRA is pushing carbon cuts like no other enacted policy in the U.S.,  but more needs to be done to meet the international pledges from the Paris Agreement, Rhodium Group said in a report.
Gage Skidmore, CC-BY-SA-2.0, via Wikipedia Commons
DeSantis Rejects $346 Million in IRA Energy Efficiency Funds
Florida Gov. Ron DeSantis recently rejected a growing list of federal and state clean energy initiatives.
New Jersey Governor's Office
Murphy Signs OSW Tax Credit Bill
New Jersey Gov. Phil Murphy hailed offshore wind as a once-in-a-generation opportunity to bring billion-dollar investments and millions of union jobs to the state.
Shutterstock
EPA Launches $7B Solar for All Program
The EPA launched a $7 billion grant competition to expand residential solar in low-income communities.
Shutterstock
Clean Hydrogen and Renewable Energy Feud over Tax Credit Rules
Power demands from the upstart clean hydrogen industry could lead to a dirtier electric grid.
© RTO Insider LLC
DOE Under Secretary: Industrial Decarb Should Happen This Decade
DOE Office of Clean Energy Demonstrations (OCED) Director David Crane is bringing decarbonization to the 2020s — and taking industry along.
© RTO Insider LLC
Overheard at EEI 2023
The clean energy transition, the technology and funding to make it happen, were the focus of the Edison Electric Institute’s annual forum.
Southern Alliance for Clean Energy
Historic Solar Growth Seen in Southeast
The Southeast’s solar capacity will more than double — to 40 GW — by 2026, according to a report by the Southern Alliance for Clean Energy.
Shutterstock
NJ OSW Projects Face Public Funding Scrutiny
Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.

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