Many see them as a crucial piece of the puzzle for decarbonizing the U.S. economy Across the country, states are inking agreements with neighbors or striking out on their own to pursue billions in federal funding to set up “hydrogen hubs,” clustered centers for production, storage and use of the gas that many see as […]
Will new US incentives for ‘green’ hydrogen actually reduce emissions? – EQ Mag
The Inflation Reduction Act steers billions to boost green hydrogen, but unless carefully monitored, that money could spur an increase in climate pollution. The United States stands at a pivotal point on the path to addressing climate change. The Inflation Reduction Act will over the next decade unleash hundreds of billions of dollars in subsidies […]
Private equity’s energy-storage bets begin to pay off – EQ Mag
Energy storage, once a sliver of the renewable-power generation sector, is becoming an asset class of its own, and some early private-equity backers of battery-project developers are beginning to reap the benefits. EnCap Investments, a Houston-based private-equity firm that focused exclusively on the oil-and-gas industry before putting money into energy storage in 2019, has exited […]
The Inflation Reduction Act will turbocharge energy storage – EQ Mag Pro
According to the American Clean Power Association, the United States needs to build 100 gigawatts (GW) of energy storage by 2030 to meet its climate goals, but only 3 GW have been built to date. The industry has long advocated for stronger policy support to make this goal a reality. Now it’s finally here. The […]
Health, Economic and Community Benefits of Zero-Carbon Buildings – EQ Mag Pro
Two new U.S. laws — the Inflation Reduction Act of 2022 and the Infrastructure Investment and Jobs Act — make this a ripe moment to transform buildings in the United States into more modern homes, apartments, offices and civic spaces that will emit fewer greenhouse gases. At the same time, they will improve public health […]
2022 – The Year the Hydrogen Economy Launched? – EQ Mag Pro
The Inflation Reduction Act and the war in Ukraine pump billions into clean hydrogen R&D Among the technological visions that seem perpetually futuristic (think commercial nuclear fusion and maglev trains), the hydrogen economy has always been tantalizing. Hydrogen produced from renewable energy or nuclear power, with minimal greenhouse-gas emissions, could be piped or transported pretty […]
Energy storage industry hails ‘transformational’ Inflation Reduction Act – EQ Mag Pro
US President Joe Biden signed the Inflation Reduction Act yesterday, bringing with it tax incentives and other measures widely expected to significantly boost prospects for energy storage deployment. “The Inflation Reduction Act invests US$369 billion to take the most aggressive action ever — ever, ever, ever — in confronting the climate crisis and strengthening our […]
INFLATION REDUCTION ACT: INITIAL TAKEAWAYS FOR GREEN TECHNOLOGY, TAXES, AND HEALTHCARE – EQ Mag Pro
The Inflation Reduction Act of 2022, passed by the US Senate on August 7, 2022, will dramatically affect a range of climate change, healthcare, prescription drug pricing, and tax matters. With an investment of more than $400 billion in spending, the act is expected to bring in more than $700 billion in revenue. Among its […]
Energy storage would win long-sought victory with Inflation Reduction Act – EQ Mag Pro
A dedicated grid-storage tax credit could unleash a new wave of development for technologies critical to meeting U.S. climate goals. The relatively young energy-storage industry will get a proper seat at the clean energy policy table if the Democrats’ latest climate bill becomes law. The U.S. conducts federal clean energy policy through tax credits, for […]