November 19, 2024

Inflation Reduction Act (IRA)

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DOE Launches $675M Program to Build Critical Mineral Supply Chain
DOE is consolidating its portfolio of critical mineral programs in a bid to build a domestic supply chain of materials needed to decarbonize the economy.
PJM
Dominion CEO: SCC Order for OSW Performance Guarantee ‘Untenable’
The Virginia Corporation Commission approved Dominion Energy’s OSW project, but the utility’s CEO said the capacity performance guarantee is “disappointing.”
International Energy Agency
Counterflow: 45Q: Money for Nothing
Columnist Steve Huntoon says the 45Q carbon capture tax breaks in Democrats' climate bill are an enormous subsidy that won't help decarbonization.
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IRA ‘Better than Most’ Bills, Gas Industry Rep Says
Natural gas industry representatives shared what they believe are positive measures in the Inflation Reduction Act during a webinar.
C-SPAN
Senate Passes Inflation Reduction Act
Following a marathon of debate, the U.S. Senate passed the Inflation Reduction Act with all of its $369.75 billion in clean energy spending intact.
Duke Energy
Duke Considering Sale of 3.5-GW Renewable Portfolio
Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.
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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.
Public Service Enterprise Group
PSEG Eyes Democrats’ Climate Bill for Nuclear Plant Support
PSEG is hoping the Democrats’ proposed climate bill will provide long-term support for the utility’s three nuclear plants, now subsidized by N.J. ratepayers.
Consumers Energy
What’s in the Inflation Reduction Act, Part 2
The passage of the Inflation Reduction Act, formerly known as the Build Back Better Act, is once again hanging on the vote of a conservative Democrat.
Xcel Energy
Xcel Sees Benefits in $3.2B Transmission Opportunities
Xcel Energy praised both the MISO long-range transmission plan and the late-breaking agreement over the $670 billion Inflation Reduction Act.

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