DOE is focused on reshaping the U.S. energy landscape, but officials may have only another year to build the momentum needed to make any potential Republican rollbacks unpopular and unlikely.
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.
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.
A report from Moody's Investors Service asserted that, despite a need for transmission investment, regulatory bottlenecking is causing significant delay for utilities.
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.
