Tag: Inflation Reduction Act

Other Utilities, Public Utilities

USDA Plans $500 Million Investment in Domestic Biofuels as Part of Inflation Reduction Act

June 28, 2023

Via: Waste360

The Biden administration has allocated $500 million in Inflation Reduction Act funds to amplify the availability of domestic biofuels. On June 26, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced the first round of funding for 59 infrastructure projects […]

Electric Utility, Public Utilities

How the Inflation Reduction Act is changing the energy storage supply chain

December 15, 2022

Via: Power Engineering International

To meet its ambitious climate goals, the U.S. must develop 100 gigawatts (GW) of energy storage by 2030. While energy storage capacity in the U.S. tripled last year, the market has only made a small dent with just more than […]

Infrastructure, Public Works

Inflation Reduction Act upends utility resource planning tenets: NARUC panelists

November 17, 2022

Via: Utility Dive

The Inflation Reduction Act will upend key tenets of utility resource planning, including the need for bottom-up forecasting to account for a pending surge in electric vehicle and building load, according to panelists at a National Association of Regulatory Utility […]

Electric Utility, Public Utilities

The IRA will accelerate electrolyzed hydrogen’s future. Here’s what that means for utilities and industry.

September 30, 2022

Via: Utility Dive

The Inflation Reduction Act has upended hydrogen economics, making “green” hydrogen — electrolyzed from renewable electricity and water — suddenly cost-competitive with its natural gas-derived counterpart. On the supply side, electrolyzers can help utilities integrate renewables into the grid, speeding […]

Electric Utility, Public Utilities

Transmission development key to Inflation Reduction Act’s climate potential: report

September 26, 2022

Via: Utility Dive

The report shows how reaching the emissions reduction potential of the Inflation Reduction Act, signed into law in August, depends on increasing the pace of transmission development. The law could cut annual U.S. greenhouse gas emissions by about 1 billion […]

Electric Utility, Public Utilities

Why the Solar Market Is Down and Why It’s Poised for a Comeback

September 8, 2022

Via: PowerMag

The forecast for U.S. solar energy installations in 2022 have been revised downward in a report published by Wood Mackenzie and the Solar Energy Industries Association (SEIA) on Sept. 8, due in large part to supply chain constraints and an […]

Electric Utility, Public Utilities

Inflation Reduction Act helps accelerate growth of green energy sources

August 26, 2022

Via: Waste Management World

On August 16 US president Joe Biden signed the Inflation Reduction Act. According to the White House this new policy will lower costs for families, combat the climate crisis, reduce the deficit, and ask the largest corporations to pay their […]