The bottom line is that the Senate text will lead the U.S. to build less clean power, it will be more expensive, and power prices will rise. The grid will be less reliable, possibly leading to power shortages and blackouts for American households and businesses. There’s still much that we do not know, and the
What We Know: The future of President Trump’s “Liberation Day” tariffs hit a significant obstacle last week. On May 28, the U.S. Court of International Trade (CIT) struck down core pieces of the so-called reciprocal tariffs, ruling that the President had overstepped his authority under the International Emergency Economic Powers Act (IEEPA) of 1977. Some of President
The tax credit changes themselves have been covered extensively in other outlets (see here, here) so we won’t recap the details here. As the Senate debates the details, there are a few things we know: To put some numbers on this: A May ICF report estimated that U.S. electricity demand will increase 25% by 2030 (ICF). The authors
The journey from concept to commercialization for FOAK projects is challenging, but data-driven strategies can significantly reduce risk.