News & Analysis as of

Inflation Reduction Act (IRA) Tax Incentives Energy Sector

Frost Brown Todd

One Big Beautiful Bill Act Cuts the Power: Phase‑Outs, Foreign‑Entity Restrictions, and Domestic Content in Clean‑Energy Credits

Frost Brown Todd on

On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to clean‑energy credits previously enacted under the Inflation Reduction Act of 2022. OBBBA...more

Potomac Law Group, PLLC

5 Ways to Mitigate Challenges to the IRA Energy Tax Credits in 2025

This Tax Alert is the second in a series of monthly alerts that I will issue to discuss tax legislation in 2025 and the outlook for the Inflation Reduction Act (IRA) renewable energy tax incentives. You can find the first Tax...more

Kilpatrick

4 Key Takeaways | Recent Tax Incentives to Foster Energy Transition and Their Expected Impact in Energy Projects Worldwide

Kilpatrick on

Kilpatrick’s John Pierce recently joined a panel of other thought leaders from Japan, Switzerland, Brazil, and India to discuss “Recent Tax Incentives to Foster Energy Transition and their Expected Impact in Energy Projects...more

Troutman Pepper Locke

Navigating the Inflation Reduction Act: Insights on Brownfield Energy Community Credits - Energy Law Insights

Troutman Pepper Locke on

Join Troutman Pepper Locke Partners Karlie Webb and Ben Cowan as they delve into the complexities of the Inflation Reduction Act, focusing on the Brownfield Energy Community credits. This discussion covers the statutory...more

ArentFox Schiff

IRA Developments to Watch in the EV and Battery Supply Chain for 2025

ArentFox Schiff on

The incoming Trump Administration’s approach to the Inflation Reduction Act (IRA) and tax policies is generating significant interest within the electric vehicle (EV) sector. Generally, reports indicate that some Republican...more

Hogan Lovells

What will happen to IRA clean energy subsidies in the Trump Administration?

Hogan Lovells on

The Inflation Reduction Act of 2022 (IRA) was one of the most significant legislative victories of the Biden administration, fostering tens of billions (USD) in planned clean energy investments, much of this yet to be...more

ASKramer Law

Energy Tax Credits for a New World Part VIII: Monetizing Energy Tax Credits

ASKramer Law on

What is “monetization”? Monetization is the process by which property is converted into money or something else of value. In the context of the Inflation Reduction Act of 2022 (IRA), certain provisions can allow entities that...more

ASKramer Law

Energy Tax Credits For A New World Part V: Domestic Content Bonus Credits

ASKramer Law on

What is the purpose of the Domestic Content Bonus Credit? The Inflation Reduction Act (IRA) introduced the Domestic Content Bonus Credit to provide an additional credit amount to taxpayers that meet its requirements. The...more

ASKramer Law

Energy Tax Credits For A New World Part IV: Prevailing Wage and Apprenticeship Bonus Credits

ASKramer Law on

Why did Congress provide bonus credits to a facility or a project that pays its workers “prevailing wages” and hires apprentices? Congress viewed the Inflation Reduction Act (IRA) as a way to not only move the United States...more

ASKramer Law

Energy Tax Credits For A New World Part III: Overview of Bonus Credits

ASKramer Law on

Why did the Inflation Reduction Act (IRA) reduce the base amounts of the energy tax credits? The IRA reduced base credit amounts from their pre-IRA levels to encourage energy projects to meet Congressional policy objectives....more

ASKramer Law

Energy Tax Credits for a New World Part II: Production Tax Credits and Investment Tax Credits: The Old and the New

ASKramer Law on

What is a Production Tax Credit (PTC)? A Production Tax Credit (PTC) is a per kilowatt-hour (kWh) tax credit for electricity generated by solar and other qualifying clean technologies for the first 10 years of a system’s...more

Holland & Knight LLP

U.S. Department of Labor Announces Final Rule Revamp of the Davis-Bacon Act

Holland & Knight LLP on

The U.S. Department of Labor (DOL) announced it has finalized its new rule relating to the Davis-Bacon Act (DBA). This rule goes into effect 60 days after it is officially published in the Federal Register. The final rule...more

Morgan Lewis

IRS and DOE Publish Details on First Allocation of $10B Section 48C Green Technology Industry Tax Credits Authorized by IRA

Morgan Lewis on

he Internal Revenue Service (IRS), the Treasury Department (Treasury), and the Department of Energy (DOE) released Notice 2023-18 (Notice) on February 13, detailing the procedures through which the IRS and DOE will award a...more

Stoel Rives LLP

Treasury Issues Guidance on Section 48C Credit Allocation Program

Stoel Rives LLP on

On February 13, 2023, the U.S. Department of the Treasury released Internal Revenue Service (IRS) Notice 2023-18, Initial Guidance Establishing Qualifying Advanced Energy Project Credit Allocation Program Under Internal...more

Bradley Arant Boult Cummings LLP

The clock is ticking on the IRA’s prevailing wage and apprenticeship requirements

Renewable energy developers and contractors have been anticipating the Treasury Department and IRS’s initial guidance on what is required to satisfy the prevailing wage and apprentice requirements under the Inflation...more

Kilpatrick

The DOE, LPO, and Inflation Reduction Act Incentivize Significant Tribal Energy Development

Kilpatrick on

Pound-for-pound, Tribes have the potential to be among the United States’ most prolific clean energy developers. Tribal lands, which compose approximately 5.8% of the total land area in the contiguous United States, have the...more

Mintz - ML Strategies

Energy & Sustainability Washington Update — November 2022

Mintz - ML Strategies on

Congress was in recess for the month of October for the final push toward the November 8 midterm elections, but executive branch activities related to energy and sustainability have continued. Treasury & IRS Seek Public...more

Holland & Knight LLP

The Inflation Reduction Act: Provisions and Incentives for Local Governments

Holland & Knight LLP on

President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives. The comprehensive legislation is the...more

Mintz - Energy & Sustainability Viewpoints

Energy & Sustainability IP Updates — September 2022

In the News - Earlier this month, President Biden signed into law the Inflation Reduction Act of 2022 (IRA), which promises to put nearly $370 million in federal funding behind the energy transition. The IRA is expected to...more

K&L Gates LLP

Hydrogen Rising: The Inflation Reduction Act of 2022 - Tax Credits and Other Incentives for Hydrogen Production and Deployment

K&L Gates LLP on

Elizabeth Crouse, partner and head of the energy tax practice at K&L Gates, discusses the hydrogen-related tax credits and incentives included in the newly-signed-into-law Inflation Reduction Act (IRA). From CI scores, to...more

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