Inflation Reduction Act (IRA)
The White House
As they prepare to leave office, Biden administration officials remain confident that IRA funds already committed by DOE will be impossible to claw back by the incoming Trump administration.
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Renewable energy industry analysts, representatives and environmental advocates say New York is in a better position than many others to make progress on its renewable energy goals during a second Trump administration.
ICF
A new report on the Inflation Reduction Act finds that the IRA could boost the U.S. GDP by $1.9 trillion over the next decade.
PG&E
The U.S. Department of Energy’s Loan Programs Office announced a $15 billion conditional loan commitment to Pacific Gas & Electric to improve the California-based utility’s energy infrastructure and support clean energy initiatives.
EVgo
EVgo CEO Badar Khan said expanding the availability of fast chargers is “a key ingredient to the long-term competitiveness and sustainability of the U.S. automotive industry."
Verogy
The U.S. solar industry is embracing priorities of the incoming Trump administration as it seeks to preserve the momentum it built during the Biden administration.
DOE
Clean industry executives and experts at DOE's Deploy 2024 conference were surprisingly optimistic about continuing market growth linked to the boom in energy demand from data centers, AI and electrification.
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DOE has committed more than $95 billion in grants and loans, with more going out the door each day.
Nevada Gold Mines
The best way to Trump-proof the IRA funds is to get them out the door as quickly as possible, some advocates are saying. Unspent money could be at risk of never being spent.
© RTO Insider LLC
Clean energy experts at this year’s NARUC Annual Meeting expressed confidence in the U.S.’ progress toward decarbonizing the grid. But some also wonder about potential cuts to Inflation Reduction Act funding.
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