Joe Manchin

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Treasury, DOE Issue Proposed ‘FEOC’ Rules for EV Tax Credits

As U.S. automakers pull back on plans to invest heavily in electric vehicles, claiming sales are not growing as fast as expected, the Treasury Department and Internal Revenue Service issued new guidelines on the federal tax credits for EVs that could further slow sales.

Senate ENR Committee
Senate Energy Committee Examines State of Advanced Nuclear Reactors
The Senate Energy and Natural Resources Committee on Thursday looked into the state of advanced nuclear reactors just weeks after NuScale Power and Utah Associated Municipal Power Systems terminated a once promising pilot project.
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Phillips Addresses ‘Acting’ Status as FERC Awaits Nominees

What’s in a name? That is the question for FERC Chair — or is it “acting” Chair? — Willie Phillips.

 
Senate ENR
DOE Officials Face Rocky Senate Hearing on IIJA, IRA Loans and Grants
DOE's Crane and Shah said all grant and loan applications are evaluated and carefully vetted by federal career staff and agency engineers and experts.
Moody's
Moody’s: Permitting Process Holding Transmission Back, Risking Reliability
A report from Moody's Investors Service asserted that, despite a need for transmission investment, regulatory bottlenecking is causing significant delay for utilities.
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Treasury Previews ‘Phase 2’ of IRA Tax Credit Rollout

Starting in 2024, consumers buying an electric vehicle that qualifies for a $7,500 tax credit under the Inflation Reduction Act.

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.
Senate ENR Committee
Members of Congress Debate Transmission Permitting
Congress has been talking about changing permitting laws this year, but its still unclear whether the two parties will be able to strike a deal.
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FERC Authorizes Final Construction for Mountain Valley Pipeline
FERC OK'd Mountain Valley Pipeline’s request to complete construction, acting following Congress' authorization of the project in the recent debt-ceiling deal.
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Lawmakers, White House Promise More Work on Permitting After Debt Deal
Debt deal limits page counts and time on environmental reviews under the National Environmental Policy Act, but other work remains, and frustrations surface.

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