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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released final rules for the Clean Electricity Investment and Production Tax Credits. These technology-neutral credits aim to foster innovation by supporting the development of emerging zero-emissions technologies while providing stable incentives for investments in established clean energy solutions.
A new report from the U.S. Department of Energy (DOE) highlights recommendations to enhance the recycling and reuse of decommissioned wind turbine components, aiming to foster a more circular economy and sustainable supply chain. The research shows that existing infrastructure in the USA could process up to 90% of the mass of decommissioned wind turbines, but new strategies and innovative recycling methods are required to address the remaining 10% and support a more sustainable wind energy sector.
The US Bureau of Ocean Energy Management (BOEM) has announced the publication of a Call for Information and Nominations (Call) to explore potential wind energy leasing off the coast of Guam, a U.S. Pacific Territory. This initiative seeks public input to help define leasing areas and reflects collaboration with the Government of Guam, which has set renewable energy targets of 50% by 2035 and 100% by 2045.
The Department of Energy of the Philippines (DOE) has announced the fifth round of the Green Energy Auction (GEA-5), exclusively dedicated to offshore wind projects. This auction is scheduled for the third quarter of 2025.
The Dutch government has included a new electricity interconnector between the Netherlands and the UK in the latest Offshore Wind Energy Development Framework. This interconnector, LionLink, will be realised through the Nederwiek 3 offshore grid project.
A new study indicates that the Inflation Reduction Act (IRA) will benefit the United States economy, increasing it by $1.9 trillion over the next ten years. The positive impacts span the energy sector, affecting renewable resources, oil, gas, hydrogen, nuclear energy, battery storage systems, as well as power, transportation, and manufacturing sectors. One of the most notable outcomes in recent years is the substantial increase in domestic manufacturing of clean energy systems.
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