ACP Statement on Proposed Technology-Neutral Clean Electricity Production and Investment Tax Credit Guidance

The American Clean Power Association (ACP) released the following statement from ACP Chief Advocacy Officer JC Sandberg after the U.S. Treasury released proposed guidance on the technology-neutral clean electricity production and investment tax credit for sections 45Y and 48E of the Inflation Reduction Act (IRA):

“We commend today’s proposed technology-neutral guidance that will help provide a stable, workable transition for energy market participants to the new emissions-based system for energy tax incentives. This continues the Administration’s thoughtful, growth-oriented approach to supporting America’s clean energy industry as we work to deliver reliable, low-cost, renewable energy to homes and businesses nationwide.

“The technology-neutral market incentives are essential to expanding America’s domestic clean energy production and strengthening our energy independence.”