Inflation Reduction Act
also referred to as: ira
63 statements across 30 episodes · 36 bullish · 13 bearish · 27 people on the record · first statement Aug 5, 2022 by Jesse Jenkins · said 188 times in 56 episodes since 2022 · across every show →
Mentions by year
brought up most by Shayle Kann (79), Varun Sivaram (9), Sarah Golden (8), Julian Dumoulin-Smith (7), Stephen Lacey (6), Rob Gramlich (6), Tim Hade (5), Nick Broad (5)
tap a year for its mentions
2026 7 mentions in 3 episodes 2 per episode
2025 25 mentions in 9 episodes 3 per episode
- Tumult in residential solar
- What’s next for the battery storage boom? [partner content]
- AMA: Geoengineering, nuclear, power prices, and more
- The case for colocating data centers and generation
- Five big questions emerging from the OBBB
- Lithium’s wild ride
- GM's big new battery tech push
- Frontier Forum: How tax credit transfers are reshaping energy finance
- 1 more episode that year, every mention in 2025 →
2024 34 mentions in 12 episodes 3 per episode
- The reshoring of American solar trackers [partner content]
- The EV market’s awkward teenage years
- The Big Switch: Are Batteries the New Oil?
- More 2024 trends: ESG, carbon certifications, curtailment, and AI
- Unpacking China’s cheap battery costs
- What’s really happening in the U.S. EV market?
- The electricity gauntlet has arrived
- 2023 climate tech venture investment trends
- 4 more episodes that year, every mention in 2024 →
2023 62 mentions in 22 episodes 3 per episode
- How is U.S. industrial policy affecting actual climatetech investment?
- Understanding the transmission bottleneck
- Mailbag episode! Interest rates, carbon dioxide removal, load growth, and more
- The Volts crossover episode
- Building out a U.S. solar supply chain
- Unpacking EPA’s newly proposed power emissions rule
- Mailbag episode! Biotech, layoffs, battery recycling and more
- The cost of nuclear
- 14 more episodes that year, every mention in 2023 →
2022 60 mentions in 10 episodes 6 per episode
- How the US climate bill will finance the energy transition [partner content]
- What the Inflation Reduction Act of 2022 would mean for climatetech
- Advance market commitments to decarbonize heavy industry
- The trends shaping the energy transition [partner content]
- Is the Inflation Reduction Act a win for EVs and batteries?
- Columbia Energy Exchange: Will Putin’s Energy Strategy Backfire?
- What’s holding up hydrogen in Europe?
- Could geothermal become a major zero-emissions player?
- 2 more episodes that year, every mention in 2022 →
Everything said about Inflation Reduction Act, oldest first
Aug 5, 2022 neutral
Jenkins: The IRA will not materially boost near-term US EV sales
“The total volume of credit of a vehicle sold is not really going to be affected by whether or not they can claim this credit in the short term. So we just assumed the trajectory in our modeling follows Bloomberg's Bloomberg New Energy Finance's trajectory for …”
Aug 5, 2022 positive
Jenkins: IRA Will Cut U.S. Emissions by One Gigaton in 2030
“So our top line finding from the repeat project analysis of the bill is that it will cut annual U.S. Greenhouse gas emissions in 2030 by an additional one, roughly one billion metric tons below the current policy baseline. So an additional billion tons of emis…”
Aug 5, 2022 bullish
Aug 5, 2022 positive
Jenkins: Clean Electricity Incentives Will Cut 360M Tons of Emissions
“Our modeling finds that accelerating the deployment of clean electricity, a trend that of course is already well underway, but gets sort of supercharged by the incentives in this bill, will drive the largest chunk of the overall emissions reductions just over …”
Aug 5, 2022 bullish
Aug 5, 2022 bullish
Jenkins: IRA Will Drive $200B+ Investment Into Energy Communities by 2030
“Our estimates are that that provision and a few others sprinkled throughout the bill that will help drive investment into energy communities will support several hundred billion dollars, probably at least two hundred billion dollars of investment in energy com…”
Aug 5, 2022 positive
Jenkins: 10-Year Clean Energy Tax Credit Stability Is Transformative
“So we have 10 years of these credits on the books, and that alone is transformative. We've never had, beyond the value of the credits, we've never had 10 years of stability in recent memory for any of these tax credits that businesses and industries can plan i…”
Aug 5, 2022 bullish
Jenkins: IRA will redirect EV supply chain capital to North America
“What this bill is going to do is make sure a vast majority of that investment is going to go into the United States, North America, and other free trade agreement countries. And so I think we're going to see a big reorientation of the supply chain”
Aug 5, 2022 positive
Jenkins: IRA commercial EV tax credits have no domestic content requirements
“The bill provides a 30% investment tax credit for purchase of clean vehicles. That includes electric and fuel cell vehicles in by any business. So any depreciable property gets a 30% investment tax credit for the purchase of an electric A electric vehicle or a…”
Aug 5, 2022 bullish
Jenkins: Advanced Nuclear Projects Can Qualify for 50% Tax Credits
“Because the tax credit transitions to a technology neutral, you know, tax credit for any zero emissions generation, all of the advanced nuclear startups that are moving their way through permitting and into first commercial demonstration will also have access …”
Sep 22, 2022 bearish
Sep 22, 2022 neutral
Sep 29, 2022 bearish
Sep 29, 2022 positive
Sep 29, 2022 bullish
Jaffe: US Energy Storage Capacity Will Double in 2023 Alone
“Essentially what we're expecting to see next year now is a doubling of the entire installed capacity
Of US energy storage in twenty-twenty-three alone. In other words, everything that's been built and installed in the US is about to double in what's installed …”
Sep 29, 2022 bullish
Kann: First Solar will scale up and stay sold out for years
“First Solar was, is just over the moon about this. Right. This is like the biggest boon for them that you could possibly imagine, because they're already manufacturing here, and they can scale up relatively quickly, and so that's exactly what they're going to …”
Sep 29, 2022 neutral
Oct 20, 2022 bullish
Oct 24, 2022 neutral
Schultz: Clients paused clean energy deals to shift from ITC to PTC
“After it passed the Senate, I think there was, you know, some of my clients started putting deals a little bit on pause so they could rerun the numbers. For example, I had one client that was entering into an ITC transaction, had already had most of the negoti…”
Oct 24, 2022 bullish
Schultz: IRA expected to drive $300B in incremental clean energy investment
“With the passage of this bill, the renewable technologies is expected to increase by 30% or so, and it's expected to generate upwards of three hundred billion of incremental investment just due to the passage of this bill.”
Oct 24, 2022 positive
Von Ossen: Extended IRA time horizons attract new tax equity investors
“So, there continues to be a supply-demand imbalance. The supply of tax equity is limited. What this does is extend the time frame of when tax credit investing is a viable option for a lot of these groups, which is bringing new investors into the industry.”
Oct 24, 2022 bullish
Schultz: IRA creates standalone storage ITC and 2023 advanced manufacturing credits
“Standalone storage can now claim the investment tax credit, and then there's also a new advanced manufacturing production credit that will go into effect in 2023, and that includes some provisions for equipment manufactured for energy storage.”
Oct 24, 2022 neutral
Von Ossen: Resolving new IRA tax credit mechanisms will take a year
“I think there's still a number of questions to be answered about a handful of the newer provisions, including the adders and how do you confirm eligibility for those, but also how the transferability works, how the direct pay potentially works factors like can…”
Oct 24, 2022 positive
Von Ossen: IRA credit adders boost renewable project values up to 100%
“I mean, we were seeing tax credits slowly phasing down, so projects that were at a 22% eligibility are now potentially 50% ITC projects. I mean, that's significant in economics. That's, you know, 30%, 50%, hundred percent increase in value on what some of thes…”
Dec 15, 2022 bullish
Apr 6, 2023 neutral
Jaffe: Treasury Classifies Constituent Materials as Minerals Subject to 50% Rule
“So I think what essentially what the guidance said was constituent materials, which is going to be any of these precursor steps up to the battery component itself, essentially falls under strategic minerals. As in the strategic minerals qualification. Now they…”
May 4, 2023 negative
May 4, 2023 bearish
Gramlich: US electric grid will face severe constraints for five years
“We're going to be, you know, putting a lot more both supply and demand on, and we're going to have a much more constrained grid, I think, for a good five years, and then depending on how long it takes us to build transmission, it could last longer.”
May 4, 2023 positive
Gramlich: IRA includes $760 million for communities hosting transmission lines
“One little provision we got into the Inflation Reduction Act is this seven hundred sixty million dollar program for kind of local community economic development, sort of hosting you know, benefits for counties or local communities.”
May 18, 2023 positive
Larson: IRA will cut US power emissions to ~500M tons by mid-2030s
“With our IRA analysis, we see... Power sector CO two emissions dropping potentially quite a large amount, like from like the one and a half billion tons or so from last year. Down to maybe half a billion tons, even lower in some instances, depending on the eco…”
May 18, 2023 positive
May 18, 2023 neutral
Larson: EPA power rule provides only incremental cuts beyond the IRA
“The EPA analysis of the rule suggests something, a similar outcome, basically, with only, like, a small increment of additional emission reductions From the proposal. So, it does show that, yes, you were actually getting some incremental gain above and beyond …”
May 18, 2023 positive
May 18, 2023 bearish
Jun 22, 2023 positive
Jun 22, 2023 bullish
Zindler: First Solar is very well positioned for IRA manufacturing credits
“First Solar, obviously, as a U.S.-based company, is the one that Sort of licking its lips here, looking at these benefits because they are integrated. You know, they obviously have overseas production too, but they've got a lot, you know, a lot on U.S. Soil, y…”
Oct 12, 2023 bearish
Houser: IRA incentives are insufficient for wind deployment without permitting reform
“Necessary, but not sufficient. It helps get the generation economics right, but unless permitting reform and interest rate declines materialize, it's unlikely that it'll be sufficient to drive the amount of wind deployment growth that we need.”
Oct 12, 2023 positive
Houser: US clean energy investment hit $213B in first year post-IRA
“So the past year We saw two hundred and thirteen billion in investment in clean energy, broadly defined. So that means, but the manufacturer of clean energy technology and the deployment of that technology, both in wholesale energy production or industrial pro…”
Oct 12, 2023 positive
Houser: IRA incentives and airline demand shift biofuel projects to SAF
“The incentives for SAF in the IRA, combined with the airline demand that you mentioned and the willingness to pay a green premium, Is prompting a lot of these projects to shift product mix and focus a little bit and start optimizing towards as much as they can…”
Oct 12, 2023 negative
Oct 26, 2023 negative
Hade: IRA tax equity transaction costs disproportionately hurt distributed energy
“The way we incentivize electricity systems in the United States through the Inflation Reduction Act is through tax credits, right? And just fundamentally, the transaction costs associated with monetizing tax equity disproportionately hurt smaller distributed e…”
Oct 26, 2023 negative
Hade: Microgrid ITC was only appropriated for two years, leaving one usable year
“The IRA included what's called the microgrid investment tax credit, which allowed the switch gear that is islandable to receive a 30% tax credit to sort of help bridge that gap. Unfortunately that was only appropriated for two years, and we still don't have th…”
Nov 16, 2023 neutral
Lovering: Lack of demand-pull policy drove high US nuclear costs
“What's really been missing with nuclear in terms of policy to help bring down the cost is that demand pull policy. And so this is why you see that nuclear is cheaper and gets cheaper over time in places that have a lot of growth in demand for electricity becau…”
Dec 7, 2023 positive
Australia, South Korea, and Chile are the biggest international IRA beneficiaries
“I think that the biggest winners, though, of the other countries that are involved, Australia and Korea and Chile are the, are by far the biggest winners. They all have free trade agreements with the U.S. And are going to come out looking very good from this.”
Dec 7, 2023
Treasury classifies battery constituent precursor materials under strategic minerals rules
“What essentially what the guidance said was constituent materials, which is going to be any of these precursor steps up to the battery component itself, essentially falls under strategic minerals. As in the strategic minerals qualification. Now they added this…”
Dec 21, 2023 positive
Yeh: The DOE Loan Programs Office holds $400 billion post-IRA
“I think the LPO now with IRA money is, you know, has about four hundred billion dollars in resources, and I think they've become, for lack of a better word, must-see TV, or the key stop for any company that's doing an ambitious climate tech, hard tech startup,…”
Feb 8, 2024 neutral
Bullard: Sub-$1M transferable tax credits trade at 84–86 cents per dollar
“So, for projects that are, or a transfer of under a million dollars, you're getting, like, an 84 to 86 cent price, as opposed to what you say suggests is a hundred percent, a hundred cents on the dollar, which gives the investor a quite high IRR, like a 16 to …”
Feb 8, 2024 neutral
Bullard: $50M transferable tax credit deals trade at 94–96 cents per dollar
“When you get all the way up to, say, a fifty million dollar transfer, where you're going to be competing with traditional tax equity, but not only with traditional tax equity, but with other risk-free investments, like, say, treasury bills, you're in the, like…”
Feb 20, 2024 neutral
Mar 28, 2024 positive
Lubbershane: Major IRA manufacturing provisions will be politically difficult to rescind
“I think it would be very difficult, both, both from a pure political standpoint and from a political economy standpoint, to rescind some of the major features of the IRA at this point that are supporting development of new manufacturing facilities in many case…”
Jul 17, 2024 positive
Jul 25, 2024 bearish
Berdichevsky: Some US battery factory projects will get mothballed
“So I do think some of these projects are still, are not going to go forward at certain stages. You know, and that's kind of classic. A lot of times, you know, maybe half the announced projects end up getting built. The pipeline is way bigger than the demand to…”
Jan 2, 2025 positive
Jan 23, 2025 neutral
Grunwald: Cultivated meat industry has raised only $3B in cumulative investment
“So far, the entire cultivated meat industry has had about three billion dollars worth of investment in its entire history, and right, the Inflation Reduction Act is, you know, building battery factories in Georgia for that, that are going to be twice that and …”
Feb 13, 2025 neutral
Kimber: Intersect pivoted clean power assets from hydrogen to AI
“We thought maybe hydrogen would be first because of the supply side supports under the IRA. The demand just didn't materialize, and now all of a sudden, AI has just swept up all of the assets that we developed for, you know, behind the meter And co-located loa…”
Mar 21, 2025 bullish
Apr 17, 2025 bullish
Apr 23, 2025 negative
Jul 10, 2025 bearish
Dumoulin-Smith: Loan-dependent residential solar installers will be phased out
“The individual installers who had been principally selling loans and had sidestepped this whole conversation to a large extent. That's really going to continue to be phased out, and in many ways, what I would argue to you is, like, when you look at, you know, …”
Jul 17, 2025 negative
Lubershain: Solar ingot and wafer production is heavily concentrated in China
“If you look across all of the areas of clean energy that we care about and everything that the IRA was focused on, you know, I think ingot and wafer manufacturing is actually
Probably the most concentrated of all of those, like, supply chain steps in China sti…”
Mar 19, 2026 positive
Mar 19, 2026 positive
Moskowitz: Inflation Reduction Act made domestic solar reshoring economically feasible
“You know, you had trade policy, which kept the industry alive for a long time. It didn't necessarily allow it to reach the scale that it is now. But, you know, I think there'd been a focus and an effort to reshore, you know, even prior to the Inflation Reducti…”
Jul 30, 2026 bullish
Hade: Much of US battery storage qualifies for 50% tax credits
“Which is, you get a 30% base ITC. If you have domestic content, you meet the domestic content requirements, you're still eligible for a 10% adder, and if you deploy that storage system in an energy community, you get an additional 10% adder on top of that. So …”