December 18, 2024

Inflation Reduction Act (IRA)

NRDC
NRDC Lays out Responsible Tx Expansion Recommendations

The U.S. must double the number of transmission projects permitted and built each year to meet its clean energy potential, according to the NRDC.

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Overheard at Infocast Texas Clean Energy Summit
The Infocast Texas Clean Energy Summit attracted several hundred developers, asset owners, financiers, investors and ERCOT stakeholders to discuss the booming opportunities and looming challenges in today’s renewables environment.
Shutterstock
DOE Puts Up $15.5 Billion to Retool Factories for EVs
DOE announced $15.5 billion from several sources that will help American manufacturers retool for EVs, preserving well-paying jobs in the process.
Shutterstock
DOE Announces $500M in IIJA Funds for CO2 Pipeline Buildout
DOE grants will be used to help developers make up the difference in cost between building CO2 pipelines for current demand versus projected future demand.
DOE
DOE Wants US to Produce 50 Million MT of Clean Hydrogen by 2050
The White House and Department of Energy unveiled a new interagency task force aimed at reaching the administration’s ambitious goals for the deployment of clean hydrogen.
Shutterstock
Commerce Department to Reimpose Tariffs on SE Asian Solar Manufacturers

The Commerce Department's ruling highlights the conflict between U.S. solar industry's ambitious targets for market growth and its ongoing dependence on China for key components.

The White House
DOE: IRA, IIJA Could Add 475 GW of New Solar to US Grid by 2030
The combined impact of the Inflation Reduction Act and Infrastructure Investment and Jobs Act could add up to 475 GW of new solar and 250 GW of new wind power, according to DOE.
Lawrence Berkeley National Laboratory
Berkeley Lab Reports 25% Increase in Hybrid Solar-Storage Plants
The Lawrence Berkeley National Laboratory reports strong developer interest in generation-storage hybrid power facilities.
The White House
The IRA at 1: Implementing at Speed and Scale Remains Key Challenge
One year on, implementation of the IRA has not been smooth or easy, and four out of 10 registered voters say they know nothing about the law.
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VP Harris Leads Seattle Anniversary Celebration for IRA
The vice president was in Washington to headline a cheerleading session to celebrate the first anniversary of the passage of the Inflation Reduction Act.

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