On August 16, 2022, President Biden signed the largest climate bill in American history – the Inflation Reduction Act (IRA) – into law, a landmark investment of $369 billion in climate and clean energy programs.
The landmark bill has transformed sentiment among investors and developers to U.S. renewable energy but also laid bare challenges yet to be met, writes Gregory Wetstone.
A new analysis released today by the American Council on Renewable Energy (ACORE) assesses how the Inflation Reduction Act (IRA) is impacting the near- and mid-term outlooks of some of the most prominent investors and developers in the renewable energy sector.
“The EPA’s new regulatory proposal is an important step forward and it comes as scientific warnings about the impacts of climate change have grown increasingly dire…”
As many grid operators evaluate how to adapt their markets for the renewable energy transition, the American Council on Renewable Energy (ACORE) and Grid Strategies are releasing two white papers today to help guide needed reforms in two of the largest electricity markets in the United States: PJM Interconnection (PJM) and the Midcontinent Independent System Operator (MISO).
As the U.S. Treasury Department designs the guidance that will determine which projects qualify for the 45V clean hydrogen Production Tax Credit (PTC) included in the Inflation Reduction Act (IRA), a new analysis from the American Council on Renewable Energy (ACORE) and Energy and Environmental Economics, Inc. (E3) compares the carbon emissions and production costs associated with the two primary accounting approaches: an “hourly match” requirement versus an “annual match” requirement.
On the heels of the enactment of the Inflation Reduction Act (IRA) – the most transformative piece of U.S. legislation to combat climate change – the 2022 ACORE Grid Forum will convene the nation’s top regulators, renewable, storage and transmission companies, and other leading grid experts to discuss the near-term gaps and long-term priorities to achieve a carbon-free grid in Washington, D.C. on October 13.
Despite growing momentum for the energy transition, several headwinds have emerged that could impede the rate of renewable growth and sidetrack progress on climate targets, according to a new analysis released today by the American Council on Renewable Energy (ACORE).
A new analysis released today by the American Council on Renewable Energy (ACORE) finds that confidence among both renewable energy investors and developers is at an all-time high.
“We applaud Chairman Wyden and the Senate Finance Committee for voting to advance the Clean Energy for America Act today. The Clean Energy for America Act offers a comprehensive and scientifically driven framework for accelerating the clean energy transition…”