CICE staff attend, present at Ohio Energy Conference
Last week, the Chambers for Innovation and Clean Energy team attended the Ohio Energy Conference to present and meet with chambers and business leaders across the state. Hosted by the Energy Coalition of Ohio , the OEC is the state's fastest growing energy education and networking event.
CICE’s director of public policy Emily Burlinghaus discussed challenges and opportunities for #energystorage companies on a panel alongside Kyle Shen, CEO & President of Nexceris; Roland Dixon, President of Special Power Sources; and moderator Rick Stockburger, President & CEO of BRITE Energy Innovators.
Emily highlighted federal tax credits (such as 48C and 48E) available to energy storage companies through the #InflationReductionAct, as well as state-level initiatives (procurement targets, grid firming requirements, clean peak standards, and compensation mechanisms like indexed storage credits and resource adequacy contracts).
The opportunity to deploy energy storage in Ohio offers utilities and grid operators new avenues to ensure reliability in light of a complex energy transition.
Some other notable themes from the conference:
Discussion of opportunities to overcome roadblocks to utility-scale solar in Ohio
Debate of potential improvements to grid data transparency to benefit ratepayers and manufacturers
Profiles of efforts to ensure that state and federal incentives serve environmental sustainability and equity goals
Highlighting of #innovation to promote and commercialize clean energy tech in Ohio
Repeated emphasis on workforce development to ensure both scalability and reliability of emerging clean energy tech
Along with Emily, recent additions to the CICE team Logan ONeill, IOM, OCED and Kelsey (Forren) Pepitone attended. Logan summed up the experience as eye-opening: “The amount of companies out there that are starting to pop up to address this evolving and growing industry is happening at such a rapid rate, there was a lot of discussion about not over-regulating, and the risk stifling the innovation and progress.”
Thanks to the Energy Coalition of Ohio for a great event.
CICE applauds the release of the Inflation Reduction Act of 2022
In response to the Inflation Reduction Act of 2022 framework recently released, Chambers for Innovation and Clean Energy (CICE) issues the following statement:
Chambers for Innovation and Clean Energy (CICE) applauds the Inflation Reduction Act of 2022 framework released yesterday that packages the elements of clean energy and climate policy that are the most impactful to further accelerate the clean energy economy, take meaningful steps to address climate change, and fight inflation.
“The clean energy and climate policies included in this package are a tremendous win for our country and economy. In particular, a ten-year extension of the Investment Tax Credit (ITC) for renewable energy, which has demonstrated a significant return on investment over the years, will generate hundreds of thousands of jobs, create billions of dollars of economic activity, and help fight inflation,” said Ryan Evans, executive director of CICE. “Further, the extension of the tax credits will create certainty for clean energy development that will protect Americans from the volatility of natural gas prices, increase demand for renewable energy, and help decrease utility expenses for ratepayers across the country.”
Other key provisions in this package include tax credits for electric vehicles (EVs) and domestic clean energy manufacturing, as well as funding to accelerate mining of critical minerals needed to power the clean energy transition and increase competitiveness. These, combined with the ITC, will not only boost our economy but will also help our country achieve energy independence. The inclusion of funding to address environmental justice will improve the health and quality of life in underserved communities as well as create high-paying quality jobs where they are needed most.
CICE urges Congress to move quickly and pass this important legislation.