(1/4)The Energy Sector Innovation Credit #ESIC creates tech-inclusive incentives for breakthrough innovation for power generation and storage technologies across the #cleanenergy spectrum. We call it the missing clean energy puzzle piece
Conversation
(2/4) ESIC is a real game-changing market signal for private sector innovators & given the strong, growing bipartisan support — — this bill is poised for passage
Replying to
(3/4) ESIC helps overcome the initial financing hurdles associated with developing “first-of-a-kind” and nascent power generation technologies. #cleanenergyinnovation
1
(4/4) By making the credit proportional to how much a project earns from market sales, the credit eliminates the unintended ‘negative pricing’ distortions other credits have had on power markets.