November 18, 2024

Inflation Reduction Act (IRA)

Constellation Energy
Constellation CEO: Nuclear PTC Could Extend Reactors’ Life to 80 Years
Constellation says the IRA's tax credits for nuclear could boost its profits by $100 million per year and help extend the life of its reactors to 80 years.
Shutterstock
Biden to Veto Bipartisan Rollback of Solar Tariff Moratorium
Biden plans to veto a joint resolution rolling back a two-year moratorium on tariffs on solar panels and cells from four Southeast Asian countries.
NextEra
Report: Energy Storage Would Save Indiana Utilities $73M
Three Indiana utilities could save customers a combined $73 million if they ditched plans to build new gas plants and invested in battery storage, report says.
© RTO Insider LLC
Geothermal Heat Pump Industry Flush with Potential
Boosted by new tax credits and growing momentum toward decarbonizing buildings, the 2023 NY-GEO Conference was nearly standing-room only.
David Maiolo, CC BY-SA-3.0, via Wikimedia
Congressional Republicans Seek Changes to Biden’s Energy Policies
Congressional Republicans stepped up attacks on the Biden Administration's energy policies this week, attempting to leverage the debt ceiling to force change.
Senate EPW Committee
Permitting Delays, Inflation Put Double Whammy on IIJA and IRA
Successful implementation of the funding bills may hinge on Congress’ ability to put politics aside and hammer out legislation to streamline federal permitting.
Carbon Capture Coalition
EPA Reportedly Soon to Release Rule on Power Plant CO2 Limits
EPA is poised to issue rules that would require all coal and gas-fired power plants to reduce or capture nearly all of their carbon dioxide emissions by 2040.
E3/ACORE
How Green is that Green Hydrogen?
Federal production tax credits for green hydrogen will depend on the "cleanliness" of the power used to produce it.
© RTO Insider LLC
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.

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