Introduction The United States is experiencing a historic period of load growth and resource demand led by new manufacturing, industrial facilities and data centers. In this context, carbon capture utilization and storage (CCUS) technologies are emerging as a crucial solution – and one of the most cost-effective – to address the challenge of meeting increased […]
The United States’ energy security has changed dramatically since U.S. imports peaked in 2007. As the U.S. continues to decarbonize and work towards net zero, many questions must be answered: At what pace and scale will the U.S. need to deploy clean energy technologies to achieve net zero emissions?
Introduction Section 45X of the Internal Revenue Code (IRC) provides an advanced manufacturing production credit to domestic manufacturers of applicable clean energy components. Currently, the United States relies heavily on foreign manufacturers for these components and resources, including adversarial countries like Russia and China. Establishing a robust domestic supply chain requires reducing U.S. dependence on […]
Introduction Hydrogen has been dubbed the “Swiss army knife” of clean energy, given its potential to become a tool to cut emissions in key sectors, as well as to assert U.S. global energy leadership and increase our nation’s competitive edge. According to the U.S. Department of Energy (DOE), switching to low-emissions hydrogen in hard-to-abate sectors […]
Investment tax credits are designed to reduce the cost of technologies and practices and incentivize private investment, resulting in adoption. Section 48 of the tax code provides an investment tax credit specifically for property in the energy sector including qualified small wind, waste energy recovery, qualified biogas and microgrid controllers. Section 48 had previously allowed […]