EP.123 Aurora on the implications of the US Inflation Reduction Act

Published: Dec. 15, 2022, 6:10 p.m.

b'In this Energy Unplugged episode we discuss the implications of the US Inflation Reduction Act of 2022. Our Head of US Oliver Kerr is joined by Martin Anderson, Aurora\\u2019s Head of Research in US, Felix Chow-Kambitsch, Aurora\\u2019s Head of US West and Julia Hoos, Aurora\\u2019s Market Lead for PJM.\\n\\nThe Inflation Reduction Act of 2022 (IRA) is the most significant piece of climate legislation in the US in over a decade, and aims to support accelerating the energy transition. \\n\\nMain topics include:\\n\\n\\u2022\\tThe state of the energy transition in the US and key differences compared to the European approach \\n\\u2022\\tHow quickly can wind and solar scale given the constraints around supply chain and interconnection issues\\n\\u2022\\tWhat determines whether solar will take the production tax credit or the investment tax credit\\n\\u2022\\tThe impact on power prices, on new build vs the existing assets and variations across markets'