Inflation Reduction Act

The Inflation Reduction Act gave the power generation industry the push it needed to go all in on renewable energy. In the short term, we’ll see more solar and onshore wind. In the long term, we’ll have

The Inflation Reduction Act of 2022 (IRA) includes the largest clean energy incentive effort in U.S. history. It builds on the energy initiatives included in 2009’s American Reinvestment Recovery Act

Economic development can be a challenge for leaders in rural communities. Often, it’s hard to attract businesses to rural areas because the local workforce may not have the skills or numbers required to meet companies’ needs. But opportunities that haven’t been widely available in the past exist today for rural communities due to the energy […]

While the Inflation Reduction Act (IRA) provides steps in the right direction by expanding renewable energy development and electrification incentives, it may also lead to a worsening duck curve and a larger proportion of variable power sources in the generation mix—putting significant pressure on utilities’ ability to maintain reliability. U.S. utilities need to be proactive […]

In mid-August, President Biden signed the Inflation Reduction Act (IRA) into law, marking this country’s most ambitious climate legislation to date. I applaud Congress and the President for working to pass the IRA and taking an important step toward net zero. The passage of this bill is a monumental achievement for everyone who cares about […]

A new report from a business group that supports development of U.S. offshore wind projects details several factors that it says will contribute to a “historic expansion” of the technology over the next several years. The Business Network for Offshore Wind’s inaugural “Offshore Wind Quarterly Market Report,” released Oct. 13, highlights how recent government actions […]

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 industry-wide slowdown caused by the initiation of an anticircumvention investigation earlier this year. The U.S. […]

For the growing U.S. hydrogen industry, the Inflation Reduction Act (IRA) is transformative. Today, nearly all hydrogen is produced from fossil fuels to be used as a chemical feedstock and for refining—emitting carbon dioxide in the process. Recently, thanks to state incentive programs, federal funds, and voluntary corporate commitments, clean hydrogen has been gaining ground […]

TEMPE, Ariz., Aug. 30, 2022 — First Solar, Inc. today announced that it plans to invest up to $1.2 billion in scaling production of American-made, responsibly-produced photovoltaic (PV) solar modules, directly supporting the country’s transition to a decarbonized future and enabling the fight against climate change. The investment is forecast to expand the company’s ability […]

It’s an enthusing time in the energy world. The signing of the Inflation Reduction Act (IRA) has brought terms like “heat pumps” and “photovoltaics” into the national spotlight and homeowners’ vocabularies. One thing that’s flying under-the-radar: how both clean energy generation and efficient energy usage can come together for homeowners, landlords, and renters to save […]