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- Dec 5, 2024 4:09 am GMT
Expect significant tweaks and changes to energy policy but overall upbeat growth and expansion across the electric power industry when Donald Trump is inaugurated as the 47th President of the United States. Some of the key business drivers to follow include revisions to the Inflation Reduction Act of 2022, potential tariffs on Chinese clean energy goods, the potential overturn of the Power Plant Carbon Emission Rule, and resumption of DOE’s LNG export license authorizations. Most of the IRA-driven clean energy projects that have broken ground are scattered across all parts of the country, and soon, the volume of transactions in the new transferability market will eclipse the traditional path of tapping the tax equity market. Additionally, under a new administration, there is ample bipartisan support for nuclear energy and carbon capture/sequestration tax credits. These are just some of the areas of exploration from Hitachi Energy’s newly released North American Power Reference Case product in addition to long-term projections of energy capacity and REC prices.
North American Power Reference Case: https://lnkd.in/dmUBU9_4
Kent Knutson
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