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Maximizing the Inflation Reduction Act: Four things to watch

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06 February 2023

Maximizing the Inflation Reduction Act: Four things to watch

Report summary

The August 2022 Inflation Reduction Act (IRA) has transformed the United States from laggard to leader in Energy Transition policy. But now comes the next phase – using the IRA to increase investment in technologies that will realize President Biden’s net zero vision. Future guidance from the Biden administration and the IRA should focus on flexibility for incentive eligibility across a range of technologies.

Table of contents

  • CCUS permitting: the EPA adds to uncertainty
  • Low carbon hydrogen exports: clarify 45V eligibility
  • RECs and time matching rules: unlocking green hydrogen’s potential
  • REC market overview
  • Automakers seek looser eligibility requirements

Tables and charts

This report includes 5 images and tables including:

  • US Gulf Coast CCUS project developments by status in Wood Mackenzie Lens CCUS
  • Wood Mackenzie scenarios: low carbon hydrogen exports for the United States
  • 2022 Average Maryland REC prices by tier
  • 2022 RECS by type, PJM
  • Battery raw material supply chain overview (2021)

What's included

This report contains:

  • Document

    Maximizing the Inflation Reduction Act: Four things to watch

    PDF 1.11 MB