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HomeInflation Reduction Act

Inflation Reduction Act

US Offshore Wind Slammed by Runaway Costs
ENB Contributor Column

US Offshore Wind Slammed by Runaway Costs Rendering the Inflation Reduction Act Useless

September 16, 2023 Mariel Alumit

The US offshore wind industry, banking on a big boost from the landmark Inflation Reduction Act, has found itself face-to-face with a major hurdle that’s been right there in the name all along: inflation. In […]

Electrical Generation / Utilities

US grid shortfall undermines bold renewable energy plans

August 31, 2023 Mariel Alumit

The US’ Inflation Reduction Act (IRA) has been the wonder of the world in terms of focusing dollars on clean energy projects. These ambitions may be undone, though, if the country cannot tackle its grid […]

IRA
Climate Crisis

Exclusive: Federal analysis says IRA, infrastructure law could save customers billions on energy bills

August 18, 2023 Mariel Alumit

The Inflation Reduction Act (IRA) and Bipartisan Infrastructure Law could save Americans up to $38 billion on electricity costs over the remainder of the decade, the Energy Department projected in a report shared exclusively with […]

Energy
Energy Transition

How Geopolitics Is Complicating the Move to Clean Energy

August 18, 2023 Mariel Alumit

He is known as the Minister for Everything. From the government offices of Indonesia’s capital to dusty mines on remote islands, Luhut Binsar Pandjaitan commands authority as the nation’s essential power broker. A four-star general […]

Carbon
International News

Energy group drops study on how Inflation Reduction Act has benefited Communist China

August 17, 2023 Mariel Alumit

Ayear ago today, President Biden signed the Inflation Reduction Act into law, which included a whopping $369 billion for climate and energy spending. On this anniversary, the pro-fossil fuel group Power the Future published a […]

Electrical Generation / Utilities

Daily Energy Standup Episode #189 – Energy Chronicles: Duke’s Diverse Plans, Inflation Act Woes, Climate Concerns, and China’s Intentions Unveiled

August 17, 2023 Andy Del Prado

Daily Standup Top Stories Duke Energy Files IRP, Proposes Gas, Nuclear and Renewables August 16, 2023 Mariel Alumit Duke Energy filed plans to ensure energy reliability for its customers in South Carolina, focusing on gas-fired power […]

Biden
Energy Policy

Biden’s historic climate law has a problem

August 16, 2023 Mariel Alumit

The Inflation Reduction Act turns one year old this week. The law is President Joe Biden’s biggest climate achievement to date, with nearly $370 billion available for clean energy and climate programs. But just how much that investment will […]

Inflation
Energy Policy

One Year Later, Inflation Reduction Act Implementation Remains A Mess

August 16, 2023 Mariel Alumit

Today marks the one-year anniversary of President Biden signing the Inflation Reduction Act (IRA) into law. Despite the misleading name—the law was never about reducing inflation—the IRA is a quintessential example of Democrats’ vision for […]

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists
Energy Policy

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists – I say – No, are you joking?

August 13, 2023 Mariel Alumit

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point. While price […]

ENB Podcast

ENB #126 Jeremy Bezdek, EVP of Global Corp Dev and President of Freyr Battery US – How the Grid needs storage – but the right kind of storage.

August 7, 2023 Mariel Alumit

I would like to give a shout-out to Jeremy as I had an absolute blast visiting with him about Freyr Battery and their new U.S. division. My first interview with Tom Jensen, while he was […]

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