Treasury and the IRS issued a highly anticipated notice of proposed rulemaking on the Section 45V Clean Hydrogen Production Tax Credit.
The U.S. energy storage market is prepared to skyrocket, with cumulative capacity projected to increase by more than tenfold by the end of 2030.
This ACORE fact sheet details relevant areas of the guidance, which the Treasury Department will seek to finalize by fall 2024.
On November 17, 2023, the Treasury Department released guidance in the form of a notice of proposed rulemaking (NPRM) on the Investment Tax Credit (ITC) for clean energy property pursuant to Section 48 of the Internal Revenue Code.
Order 2023 is a final rule issued by FERC with requirements for all transmission providers.
Several states and regions have seen progress with transmission line development, illustrating best practices for expanding the U.S. power grid.
Treasury and IRS released guidance that provides details about the domestic content bonus under the IRA for clean energy projects.
Increased interregional transmission could reduce electricity costs and help keep the power on for American homes and businesses.
With a fresh start in 2023 for the achievement of siting and permitting reforms, ACORE is happy to outline its transmission siting priorities.
The IRA includes an incentive for projects in low-income, tribal, or fossil fuel-dependent areas, or as part of an affordable housing project.