General Motors is among the US automakers planing ahead for a long term rebound in EV sales after the federal tax credit expires.

Louisiana modifies School Readiness Tax Credit to enhance business-supported child care incentives.

The Mid-Atlantic energy landscape is currently navigating a period of significant challenges stemming from a congested interconnection queue and the recent impacts of the OBBBA guidance. PJM, the regional transmission organization responsible for managing electricity flow, is struggling to handle the immense backlog of projects seeking grid connection. This overload introduces considerable delays and financial uncertainty for energy developers. The OBBBA guidance, designed to clarify tax credit eligibility under the Inflation Reduction Act, has unexpectedly complicated the process, making it considerably more difficult for wind and solar projects – particularly those already deep within the interconnection queue – to qualify. This combination of delays and stricter requirements is prompting developers to reconsider project viability. The situation involves a complex interplay of stakeholders with diverging perspectives. PJM itself faces criticism regarding its handling of the queue and concerns about potential biases favoring traditional generation sources through initiatives like the Reliability Resource Initiative. Developers are frustrated with the protracted timelines and the OBBBA’s added complexity, leading some to pursue strategies like direct procurement of energy storage to avoid the grid connection process altogether. States, including Pennsylvania, Maryland, and New Jersey, are recognizing the importance of a reliable energy system while simultaneously striving to meet their own ambitious clean energy targets. Pennsylvania is exploring centralized state siting authority to expedite project approvals, while Maryland aims to streamline permitting processes for energy infrastructure. New Jersey, in a particularly proactive move, is directly procuring energy storage projects to leverage favorable tax credit benefits and address immediate capacity needs. MAREC, a trade group representing clean energy developers, is actively advocating for a more functional PJM to lower costs and reduce emissions. State-level actions are becoming increasingly important. New Jersey’s focus on procuring energy storage exemplifies a growing recognition of storage's value, both for its eligibility for tax incentives and its quicker deployment timeline. Permitting reform is also a priority, with Pennsylvania proposing centralized authority and Maryland working to preempt local regulations. The actions taken by New Jersey—specifically, directly acquiring storage projects—underscore a deliberate effort to circumvent the dysfunctional interconnection queue. Several key themes emerge from this situation: the critical interdependence of PJM, state governments, and developers; the increasing importance of energy storage as a near-term solution; the continued need for a well-functioning regional transmission organization; the disruptive influence of the OBBBA guidance, and the resulting acceleration of alternative strategies. The OBBBA’s impact has effectively fueled a search for alternatives to the conventional PJM interconnection procedures, highlighting the urgent need for systemic adjustments to ensure a reliable and sustainable energy future for the Mid-Atlantic region.

The political choice to cut tax credits raises £10b from ...

The political choice to cut tax credits raises £10b from ...

The electric vehicle tax credit expires today. Here's what's awaiting the industry and consumers

L’annuncio del presidente della Commissione Cultura della Camera: “I punti qualificanti non riguardano solo il Tax Credit, bensì tutto il sistema. I dibattiti a Venezia? Inaccettabile chiedere di mettere al bando alcuni artisti”