Cresforum

FEBRUARY 7, 2024

Without incentives, hydrogen production with natural gas is typically cheaper than via electrolysis with renewable energy, even if it includes carbon, capture, utilization, and storage (CCUS). In May 2023, the company put a $900 million nuclear-powered clean hydrogen production facility on hold, awaiting clarity on the rules.

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Fossil Fuels Electricity 2028 Natural Gas 101

Smith Enviorment

JANUARY 22, 2023

For example, the NCUC has asked for information on the impact of federal subsidies and tax incentives (such as those in the Inflation Reduction Act) that may reduce some renewable energy costs. The order also directs Duke Energy to further evaluate both onshore and offshore wind projects.

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2021 Law Natural Gas 2030 52

PA Environment Daily

AUGUST 29, 2024

As reported by Utility Dive , the initial $5 billion Texas Energy Fund would fund loans to cover 60% of project costs for at least 100 MW that can connect to the Texas ERCOT grid before June 1, 2029. PJM said the new generation capacity includes almost all investor-driven renewable energy and storage-- 50.8%

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Natural Gas Electricity Fossil Fuels Clean Energy 116