The U.S. Treasury Department has ushered in a new era for clean energy investment by finalizing updated rules for the Section 48 Investment Tax Credit (ITC). These rules address a myriad of stakeholder concerns which have long impacted diverse sectors, including offshore wind, geothermal heat
The role of hydrogen in decarbonizing hard-to-abate sectors such as steel, cement, and chemical production has become increasingly critical. These industries are among the most challenging to transition to low-carbon operations and are projected to be the largest sources of greenhouse gas emissions
Anticipated Changes to the Inflation Reduction Act under Trump's Administration As the incoming Trump administration and a Republican-controlled Congress take charge, significant changes to the landmark 2022 Inflation Reduction Act (IRA) are expected. Although a full repeal of the IRA—a major
President-elect Donald Trump's recent nominations for the U.S. Department of Energy (DOE) and the U.S. Department of the Interior (DOI) have sparked a debate about the future of renewable energy in the United States. With North Dakota Governor Doug Burgum and Liberty Energy CEO Chris Wright poised
The increasing necessity for sophisticated energy management systems (EMS) in managing large-scale battery energy storage systems (BESS) that exceed 1 gigawatt-hour (GWh) in capacity is becoming more apparent. These systems are not only vital for the integration of renewable energy sources but also
The U.S. electricity demand is set to experience a significant surge over the next five years, with an anticipated increase of 128 GW. This forecast, provided by Grid Strategies, marks a five-fold rise in load growth predictions compared to the past two years. The primary drivers behind this surge
