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New Legislation Set to Impact Renewables

The US Senate voted to approve the Inflation Reduction Act on August 7th. The legislation includes more than $370 billion earmarked for clean energy investment, according to the Committee for a Responsible Federal Budget. The bill is now headed to the US House of Representatives for a vote. Currently, the legislation proposes that federal tax…

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US renewable generation sets record

In 2020, renewable power generation became the second largest source of electricity in the United States. According to the Energy Information Administration, renewable energy sources represented 21% of the electricity generated in the United States. This is the first time that renewable energy accounted for more generation than both coal (19%) and nuclear (20%). Electricity…

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