Inflation Reduction Act (IRA)
The transparency and traceability of critical minerals and battery components will be essential for automakers as they work to meet domestic content provisions.
The GOP-led House passed a fossil-fuel friendly energy infrastructure bill that Democrats said will be “dead on arrival” in the Senate.
The U.S. Treasury Department just made its March deadline for issuing guidelines on the domestic content provisions for EV tax credits.
The Biden administration will deliver long-awaited guidelines for the domestic content provisions of the Inflation Reduction Act’s electric vehicle tax credits.
Six utilities have indicated they will apply for federal loans and grants totaling roughly $900 million made available from the IIJA and IRA.
LG Energy Solution said it would build a $5.5 billion factory in Arizona with an annual capacity of 43 GWh of vehicle and stationary batteries.
Industry speakers at EPSA's Competitive Power Summit focused on the electric industry's transition and the hurdles it must overcome to make it happen.
David Maiolo, CC BY-SA-3.0, via Wikimedia
House Republicans are moving the first energy permitting bill through Congress, but it lacks any provisions around electric transmission.
EIA projects the U.S. will be able to cut energy-related CO2 emissions 25 to 38% below 2005 levels by 2030, which falls short of President Biden’s target.
The energy transition and the march of technology were key highlights of CERAWeek by S&P Global, which attracted a record 7,200 attendees.
Want more? Advanced Search