In May, the U.S. Department of the Treasury and IRS released additional guidance on the Inflation Reduction Act’s (IRA’s) domestic content bonus, part of President Biden’s economic strategy to boost…
incentives
The Department of Energy (DOE) has selected 293 hydroelectric projects across 33 states that will receive up to $430 million in incentive payments for capital improvements directly related to grid…
The UK government has picked Wylfa in Anglesey, North Wales, as its preferred site for the country’s third large-scale nuclear power plant after Hinkley C in Somerset and Sizewell C…
The Solar Energy Industries Association (SEIA) and Wood Mackenzie's recent report on solar power installations said the U.S. installed a record 32.4 GW of new solar generation capacity in 2023,…
In the U.S., there has always been a direct correlation between the disparity in income and the distribution of renewable resources. Equity in energy refers to fairness in the distribution…
President Joe Biden signed the Infrastructure Investment and Jobs Act on Nov. 15, which allocates $550 billion in new spending over the next five years to improve U.S. infrastructure, including…
Tax credits and incentives, also known as C&I, have long been important to support the growth of energy technologies, from oil and gas exploration to solar and wind power. Federal…
Nameplate renewable capacity surged to more than 2,000 GW worldwide at the end of 2016, constituting more than 28% of total generating capacity (Figure 6). Most (56%) was hydropower, followed…
U.S. Secretary of Energy Ernest Moniz said the time will come—perhaps 10 to 15 years from now—when “nuclear power is going to have to see a substantial resurgence.” Moniz was…