Inflation Reduction Act (IRA)
The U.S. Department of Energy said it is restructuring, revising or eliminating more than $83 billion in loans and conditional commitments issued under the Biden administration.
The Northwest Power and Conservation Council provided additional details on how its ninth power plan will consider new federal policies that could impact the buildout of new resources and transmission.
The current state of transmission policy was examined at an Infocast conference that went into the possibility for a permitting bill and looked at the implementation of recent FERC orders.
Government job cuts have been a major theme of the Trump administration, and while DOE has faced some cuts former officials say are already significant, many more employees are going to leave in the months to come.
Clean energy and transportation project cancellations continue as 2025 rolls on, with E2's analysis of public announcements showing investments of $4.5 billion abandoned in April alone.
Federal funding disruption and a surge in electricity demand will require states to implement resource adequacy and financial support policies for new energy sources, speakers at an energy conference in New Jersey said.
The House of Representatives narrowly passed President Donald Trump’s “One, Big Beautiful Bill” that would extend tax cuts for individuals and render energy tax credits effectively useless.
Facing a projected energy shortfall, New Jersey is evaluating whether it is feasible to build an additional nuclear generation plant to add to the three that provide about 40% of the state's electricity.
Offshore wind advocates are closely monitoring and vigorously lobbying Congress to assess and shape potential changes to the Inflation Reduction Act and its budget.
An ACORE report says solar and wind can be deployed cheaply and quickly to meet the country’s rapidly escalating demand growth, while providing support for natural gas and nuclear plants.
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