45Q Archives http://www.powermag.com/tag/45q/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Thu, 05 Jun 2025 13:15:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg 45Q Archives http://www.powermag.com/tag/45q/ 32 32 DOE Scraps $3.7B in OCED Projects, Upending Carbon Capture Progress at Power Plants https://www.powermag.com/doe-scraps-3-7b-in-oced-projects-upending-carbon-capture-progress-at-power-plants/ https://www.powermag.com/doe-scraps-3-7b-in-oced-projects-upending-carbon-capture-progress-at-power-plants/#respond Wed, 04 Jun 2025 14:23:53 +0000 https://www.powermag.com/?p=234918 The Department of Energy’s (DOE’s) abrupt termination of 24 previously awarded projects—including four prominent power-related carbon capture projects— will rescind $3.7 billion in financial assistance from its Office of Clean Energy Demonstrations (OCED). In a terse press release on May 30, the DOE cited “a thorough and individualized financial review” in its justification for canceling […]

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]]> https://www.powermag.com/doe-scraps-3-7b-in-oced-projects-upending-carbon-capture-progress-at-power-plants/feed/ 0 Carbon Management Tax Policies Are Required to Achieve Net-Zero by 2050 https://www.powermag.com/carbon-management-tax-policies-are-required-to-achieve-net-zero-by-2050/ https://www.powermag.com/carbon-management-tax-policies-are-required-to-achieve-net-zero-by-2050/#respond Fri, 01 Jul 2022 04:03:00 +0000 https://www.powermag.com/?p=175840 President Biden signed the bipartisan Infrastructure Investment and Jobs Act (IIJA) into law late last year, cementing his administration’s support for carbon management technologies and their essential role

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]]> https://www.powermag.com/carbon-management-tax-policies-are-required-to-achieve-net-zero-by-2050/feed/ 0 Energy Security = National Security: How the West Needs to Reindustrialize, Rethink Energy Policy https://www.powermag.com/energy-security-national-security-how-the-west-needs-to-reindustrialize-rethink-energy-policy/ https://www.powermag.com/energy-security-national-security-how-the-west-needs-to-reindustrialize-rethink-energy-policy/#respond Wed, 01 Jun 2022 04:02:00 +0000 https://www.powermag.com/?p=174961 The current geopolitical crisis spurred by the Russian invasion of Ukraine should provide a rude awakening in the West to our misguided and flawed policies toward energy development by government and major

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]]> https://www.powermag.com/energy-security-national-security-how-the-west-needs-to-reindustrialize-rethink-energy-policy/feed/ 0 Bipartisan Group Backs Extension of Carbon Tax Credit https://www.powermag.com/bipartisan-group-backs-extension-carbon-tax-credit/ https://www.powermag.com/bipartisan-group-backs-extension-carbon-tax-credit/#respond Wed, 12 Jul 2017 20:57:03 +0000 https://www.powermag.com/?p=107869 A bipartisan group of U.S. senators has announced plans to reintroduce legislation called the FUTURE Act, which would extend and expand the federal 45Q tax credit for carbon dioxide capture and sequestration. The bill has the support of both fossil fuel companies and environmental groups. At present, the 45Q provision awards $10 per metric ton […]

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