Group Meeting

Thursday, July 20, 2023 11:00-1:00 PM CT

The Inflation Reduction Act: One Year In

The passing of the Inflation Reduction Act (IRA) in August 2022 heralded a new wave of clean tech manufacturing and deployment in the USA. Project development has accelerated, with capacity in interconnection queues increasing by over 40% year-over-year in 2022—and growing.

Almost one year in, however, significant uncertainty still remains around key IRA provisions. The Treasury has issued a plethora of guidance, yet exact definitions for tax credit adder qualifications, such as the energy communities, are still outstanding. Meanwhile, challenges with interconnection queue backlogs, permitting, and transmission upgrades continue to slow the pace at which new projects can be deployed.

In this pan-US session, we will present an overview of the wider US federal policy landscape alongside detailed analysis from the ERCOT, PJM, CAISO, and MISO markets.

The session will address the following questions:

  • How much has the IRA changed the development landscape of new power projects in the US?
  • How will tax credit pass-through impact project viability and long-term deployment?
  • Where is the main uncertainty surrounding outstanding guidance from Treasury/IRS?
  • What is the impact of curtailment on the selection of the PTC vs ITC?
  • How will EPA rules impact the retirement of thermal assets?

We look forward to welcoming all subscribers to the session.

If you are not currently a subscriber and wish to join the session, please contact Grace Quinn.

Subscribers Only

This session is for GB Power Market and GB Renewables subscribers only.


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