Page 10 - Energy Management Program News Today

Significant Energy Legislation Poised to Become Law with COVID-19 Relief USA December 23 2020 The Consolidated Appropriations Act, 2021 (Act), which passed both chambers of Congress on December 21, 2020, for the purpose of funding the government in fiscal year (FY) 2021 and providing COVID-19 relief, also included the most comprehensive bipartisan energy and climate legislation of the past decade. If signed into law, the legislation authorizes over $35 billion for the development of various cle...

9 SAN DIEGO – Naval Facilities Engineering Systems Command (NAVFAC) Southwest Energy Team was selected Dec. 8 for the 2020 Federal Energy and Water Management Award by the U.S. Department of Energy’s (DOE) Federal Energy Management Program (FEMP). “I am pleased to announce that your team has been selected to receive a 2020 Federal Energy and Water Management Award by the U.S. Department of Energy’s (DOE) Federal Energy Management Program (FEMP),” said Leslie Nicholls, ...

Daily Energy Insider Published on December 23, 2020 by Dave Kovaleski © Shutterstock The bicameral Energy Act of 2020 — which features provisions from multiple bills, including the Senate’s American Energy Innovation Act and the House’s Clean Economy Innovation and Jobs Act – has been included in the Appropriations Act of 2021. If approved, the legislation would become the first comprehensive modernization of the nation’s energy policies in 13 years. It moves to the House and Senate...

The Energy Act of 2020 includes a two-year extension of the investment tax credit (ITC) used by solar power generators (keeping the ITC at 26% through year-end 2022 instead of falling to 22% in calendar year 2021), a one-year extender for the production tax credit (PTC) used by wind developers, and a new 30% ITC for offshore wind projects that commence construction by the end of 2025. Wind and solar generation, energy efficiency and carbon capture all won tax break extensions in the massive sti...

New stimulus bill includes $35.2 billion for new energy initiatives The new economic stimulus proposal that has been approved by Congress includes roughly $35.2 billion for energy initiatives, according to summary documents seen by TechCrunch. “This is probably the biggest energy bill we’ve seen in a decade,” said policy analyst Dr. Leah Stokes, an Assistant Professor at the Bren School of Environmental Science & Management at the University of California, Santa Barbara.   The spending ...