tax credits
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News
Storage ITC Bill Gains Key Industry Backers
Legislation recently introduced in the U.S. House that would expand the federal solar investment tax credit (ITC) to energy storage technologies has gained the backing of major trade groups representing the solar, hydropower, and wind sectors. The Energy Storage Tax Incentive and Deployment Act (H.R. 2096), introduced on April 4 by Reps. Mike Doyle (D-Pa.), […]
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Legal & Regulatory
Nuclear Power, Carbon Capture Winners in New Budget Deal
The budget bill passed by Congress and signed by President Trump in the early hours of February 9 extends a host of tax credits for energy technologies, including provisions to help the Vogtle nuclear expansion in Georgia as well as U.S. carbon-capture projects. The legislation also provides support for renewable energy, including for small wind […]
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Coal
House Introduces Bipartisan Bill to Expand Carbon Capture, EOR Tax Credits
The U.S. House has introduced bipartisan legislation to promote the commercial deployment of technologies to capture carbon dioxide (CO2) from power plants and industrial facilities and use it for enhanced oil recovery (EOR) or geologic storage. The Carbon Capture Act introduced on September 13 by House Agriculture Chairman Mike Conaway (R-Texas) along with 29 co-sponsors […]
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