🚨 New vulnerability commitment chair 🚨 EDF (UK)'s former strategy director is to become chair of Energy UK’s vulnerability commitment, Utility Week can reveal. Paul Spence, who spent 15 years as EDF’s director of strategy and corporate affairs before stepping down last September, will take over from Steve Crabb, who had been in the role since the commitment’s inception in 2021. More here (£):
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U.S. manufacturing had been struggling from cheaper labor in other countries, so it's been fantastic seeing a revival under the Biden-Harris Administration. China has been dominating in the renewable energy field, so it is also important for the global market to get competition in the sector. The U.S. economy has rebounded with manufacturing and the renewable energy sector playing critical roles. Under the current administration, we have also seen historic investments that should keep the national economy striving for a long time. #useconomy #bidenharrisadministration #manufacturing #renewableenergysector
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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🌊 Exploring the Winds of Opportunity 🌬️ Tonight, the National Ocean Industries Association is excited to join the Citizens for Responsible Energy Solutions (CRES) Forum, Winds of Opportunity: Strengthening Energy Security through Offshore Innovation! This important discussion highlights how offshore wind can drive economic growth and bolster U.S. energy security. 🚨 The event will unveil a new white paper from the LSU Center for Energy Studies and CRES Forum: 📄 “Potential Economic Implications of Offshore Wind for the U.S. Economy” Don’t miss this deep dive into its findings with white paper author Dr. Greg Upton! 🔍 Following Dr. Upton’s insights, a panel of experts will discuss key policies shaping the future of offshore energy: ✔️ Matt Giacona, VP of Government Affairs, National Ocean Industries Association ✔️Sarah Alexander, Energy & Coastal Policy Advisor, Senator Bill Cassidy ✔️anne reynolds, VP for Offshore Wind Power, American Clean Power Association (ACP) ✔️Emmanuel Martin-Lauzer, Director of Business Development & Public Affairs, Nexans 🎙️ Moderated by Christina Baworowsky, VP of Policy and Advocacy for Citizens for Responsible Energy Solutions (CRES). ➡️ Register now: https://lnkd.in/gzZ8Wnpq Join us to explore how innovation and policy can unlock new offshore energy opportunities and strengthen the U.S. economy! #OffshoreWind #EnergyInnovation #EconomicGrowth
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Syrah Technologies' $164.5M tax credit for Vidalia under the IRA’s 48C program is featured in US DOE's press release here: https://lnkd.in/gjQkurHu #SYR #Syrah #NaturalGraphite #GraphiteSupplyChain #BatteryMaterials #SustainableMining #CriticalMinerals #GraphiteSustainability #BatterySupplyChain #CarbonNeutral #NetZero #ZeroEmission #EV #Anode #ActiveAnodeMaterial #Lithiumionbatteries
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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AtmosZero has been allocated up to $24.3MM in an investment tax credit to support the scale-up of our Boiler 2.0 manufacturing capacity here in Loveland, Colorado on the path to gigawatt-scale annual production of American-made steam heat pumps. We are proud to be part of this incredible cohort of selected companies that are working to drive the re-industrialization of America. Much more to come, stay tuned! #AmericanManufacturing #IndustrialDecarbonization #SteamHeatPumps
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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Investing in renewable energy growth not only benefits the environment but also offers significant advantages for businesses. Through initiatives like the U.S. Department of Energy's Qualifying Advanced Energy Project Credit (48C), companies contributing to clean energy manufacturing, industrial decarbonization, or energy security can reduce their tax liabilities, making these investments both impactful and financially rewarding. Programs like these drive innovation, create clean energy jobs, and revitalize energy communities, all while fostering sustainable economic growth. At BEI Construction, we are proud to partner on and support projects that align with these goals, helping build a cleaner, more secure energy future. For more information on additional programs that reward businesses for advancing renewable energy, visit the U.S. Department of Energy (DOE)'s Funding Opportunities page: https://lnkd.in/eqsbtV6g
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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The UK and Maine are teaming up on clean energy, economic growth, and shared priorities! Today State of Maine Governor Janet Mills and Consul General David Clay MBE met to discuss strengthening the longstanding UK-Maine partnership. Building on the UK-Maine MOU signed in 2020, we also met with the Maine Governor's Energy Office to discuss University of Maine and Ore Catapult's floating offshore wind research collaboration and UK-US clean energy supply chain collaboration through Maine International Trade Center. UK Business and Trade - North America
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Head of U.S. Federal Government Affairs @ Michelin | Public Policy, Business and Tax Law
Michelin is committed to reducing our environmental impact — less CO2, less water, less waste. I'm proud to announce that Michelin's investments in our American Synthetic Rubber Company, LLC plant in Louisville, KY were selected by the U.S. Department of Energy to receive an Industrial Decarbonization (48C) tax credit. Each year, the upgrades will save an estimated 40 million gallons of water and 43,000 metric tons of CO2 emissions, representing a 44% greenhouse gas reduction. This clean energy retrofit reflects our 80-year commitment to Louisville and Rubbertown and responds to community desires to reduce harmful emissions in an overburdened industrial community. Huge thank you to everyone who supported this effort!
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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We want to take a moment to echo Secretary Granholm's statement on DOE's strong progress implementing the Bipartisan Infrastructure Law and the Inflation Reduction Act - these historic pieces of legislation have already driven over $230 billion in announced energy manufacturing investments, 920 new or expanded energy manufacturing plants, and 200,000 potential new clean energy jobs, helping to ensure our nation stays competitive and energy secure. https://lnkd.in/eW6ZVP8s
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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Ardent has been allocated up to $3.1 million in an investment tax credit to support the scale-up of our membrane manufacturing capabilities here in New Castle, DE. The 48C Qualifying Advanced Energy Project Tax Credit Program, a collaboration between the Internal Revenue Service and U.S. Department of Energy (DOE), was designed to accelerate a resurgence of clean manufacturing in America. And we're proud to be part of that renaissance. #EngineeringtheInevitable #AmericanManufacturing
Today, we're celebrating 22 projects across 17 states that voluntarily shared with DOE that they received a total of nearly $1 billion in allocations from the Qualifying Advanced Energy Project Credit (48C). Of these projects, nine indicated they are located in 48C energy communities—communities with closed coal mines or coal plants—showcasing the Biden Administration’s commitment to investing in America’s energy communities. The projects disclosed today illustrate key step to improve the nation’s energy security and economic and industrial competitiveness, while creating high-quality jobs across the country, and build on historic levels of private sector investments in the United States, bringing manufacturing back to America after decades of offshoring, and creating good-paying clean energy jobs—including union jobs—across the nation. Read the release: https://lnkd.in/gjnqmTnk.
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