President Trump has declared a national emergency involving foreign-made equipment used in America’s bulk-power system. The executive order seeks to prevent certain equipment associated with foreign governments or entities from being purchased, imported, installed, or operated when federal officials determine that it presents an unacceptable security risk. Despite the more dramatic headlines, this isn’t a…
Should We Pull the Plug Early? A Look at the OBBBA’s Clean Energy Provision
Today we’re going to take a look at a provision in the OBBBA that puts an early expiration date on federal tax credits for wind, solar, and battery storage projects, pushing them off Uncle Sam’s payroll years sooner than many in the industry expected. Under the old Inflation Reduction Act, these tax perks were set…