Generation
The U.S. Department of the Treasury and Internal Revenue Service in December released proposed regulations for the clean hydrogen production credit established by the Inflation Reduction Act.
Bonds and Financing
The Internal Revenue Service on Dec. 22 unveiled the IRS Energy Credits Online pre-filing registration tool for taxpayers who intend to receive a direct payment or transfer a clean energy credit. Established by the Inflation Reduction Act, elective pay (or “direct pay”) and transferability are
Electricity Markets
The PJM Interconnection’s reformed interconnection process is expected to clear 300 new generation projects totaling 26,000 megawatts in 2024, the mid-Atlantic grid operator said on Dec. 21.
Bills and Rates
The Kansas City Board of Public Utilities Board of Directors approved its 2024 annual budget for the municipal electric and water utility at its Dec. 20 Board meeting.
Bills and Rates
The Omaha Public Power District Board of Directors in December approved the utility’s $2.1 billion corporate operating plan for 2024.
Distributed Energy Resources
A 175-megawatt solar array, located on 1,310 acres, was officially placed into commercial operation in December and is now generating and delivering electricity to Colorado Springs Utilities customers.