The early August signing of the Inflation Reduction Act into law represented a significant reweighting of US federal energy policy toward renewable energy and cleantech deployment through more than $350 billion in financial incentives. The successive rounds of negotiation it took to get the IRA across the finish line in the US Congress was only the beginning for the nation’s energy markets and the global energy industry, which are evaluating the potential range of impacts across financial, regulatory and physical vectors. Each stakeholder in the emerging understanding of the newly recast future of the US energy sector faces limits and constraints in how quickly adjustments can be made, and S&P Global analysts have been at the forefront in cutting through the “fog of enactment” with revised forecasts, actionable insight and thought-provoking commentary.
On this webinar we will discuss:
- Updates to forecasts and models from S&P Global since the passage of IRA
- The role states and state utility regulators will play in setting the speed limits for the distribution of federal funds
- The realities of metals supply chains and mining capacity that runs counter to the ambitions of the IRA’s electric vehicle subsidies
- Limitations for power markets in absorbing hugely accelerated renewable energy deployment
- How financial and capital markets firms will be central in activating federal support allocated in the IRA
- Next steps for energy sector stakeholders as the IRA is implemented