Browsing Tag

Energy

Letter: Remember Biden’s Victories – Lincoln Journal Star

TL/DR - The article is an opinion piece in the Lincoln Journal Star that discusses the positive outcomes of President Joe Biden's tenure. The author highlights Biden's achievements, such as 1.9 million jobs created since he took office, the reduction of COVID-19 infections and deaths due to efficient vaccination rollouts, and the passing of the…

Yellen visits NC lithium plant to support Biden’s economic plan

TL/DR - U.S. Treasury Secretary Janet Yellen is promoting new clean energy investments enabled by U.S. tax incentives as President Joe Biden struggles to earn voter recognition for the benefits. Yellen is touring a facility in North Carolina that processes lithium hydroxide, used in electric vehicle batteries. She highlighted that $614 billion…

US battery surge outpaces hybrid wind projects

TL/DR - The 2022 Inflation Reduction Act has incentivized renewable energy developers and utilities to increasingly invest in energy storage. The legislation includes investment tax credits (ITCs) for standalone energy storage for the first time, leading to a rise in popularity for standalone storage. This trend is causing a shift away from…