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December 22, 2024

investment tax credit (ITC)

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PJM MIC Briefs: Feb. 8, 2023
PJM's MIC deferred a vote on adopting a problem statement and issue charge to discuss combined cycle modeling in the market clearing engine.
Energy Innovation
Report: IRA Makes Renewables Cheaper than Virtually All US Coal Plants
A new report found that nearly all coal plants studied “are more expensive to run than replacing their generation capacity with either new solar or wind.”
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Inflation Throwing a Wrench into Renewable Development
The U.S. economy is experiencing its first taste of high inflation in decades, and that is contributing to delays in new renewable power projects, experts say.
Resources for the Future
How Much Will the IRA Cut GHG Emissions, Home Energy Costs?
A panel of industry analysts presented their estimates of how much the Inflation Reduction Act would reduce emissions and its impact on household energy costs.
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Exelon, PPL Differ on Impact of 15% Corporate Minimum Tax
Exelon said the proposed 15% minimum corporate income tax in the Democrats’ energy and climate bill could impinge its cash flow, slow infrastructure investment.
The White House
What’s in the Inflation Reduction Act, Part 1
The Inflation Reduction Act carries the same number as the Build Back Better Act, but its $670 billion falls far short of the original $2.2 trillion.
Nasdaq
EEI Urges Passage of Renewable Tax Credits
In its yearly Wall Street briefing, the Edison Electric Institute stressed the importance of extending federal tax credits for renewable resources.
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FERC Weighs in as ISO-NE Prepares for Capacity Auction
Federal regulators again pushed for ISO-NE to get rid of its Minimum Offer Price Rule.
Transportation Secretary Pete Buttigieg via Twitter
Build Back Better and Beyond: Insights for the Year Ahead
While the Build Back Better Act was knocked off the front pages by the resurgence of COVID-19, the bill will likely reclaim attention this month.
C-SPAN
House Passes $1.75 Trillion Build Back Better Act
The U.S. House passed the Build Back Better bill, the $1.75-trillion budget reconciliation package that is key to advancing President Biden’s climate agenda.

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