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Welcome to Foss & Company's "Tax Credits Today," your go-to podcast for navigating the dynamic world of tax credit programs and tax equity investment. Join us, your insider guide, as we explore the latest trends, regulatory updates and strategies impacting developers and investors in the tax credit market. Stay ahead of the curve with expert interviews, insightful discussions and practical tips. Subscribe now to "Tax Credits Today" and stay in the know as you master the evolving landscape of ...
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Interchange Recharged

Wood Mackenzie

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Clean tech, green finance and energy innovation are the three lanes on the road to a successful global energy transition. At the intersection of these lanes is a place where ideas on finance, technology and policy are shared and debated. That intersection is Interchange Recharged. Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, invites visionaries, entrepreneurs, policy-makers and energy analysts to explore the newest developments in renewable technology, explain the ideas on glo ...
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Tax equity plays a significant role in clean energy finance, but are developers using it effectively, or are they stumbling over complexities and recent changes? Sylvia Leyva Martinez is joined by Bryen Alperin, Partner and Managing Director at Foss and Company, a leading firm in renewable energy investment, to debate it. They explore how tax credi…
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They called the film Avengers: Infinity War the most ambitious crossover event in history. We can’t quite make the same claim, but at Wood Mackenzie’s 2025 Solar and Energy Storage Summit, we did record a crossover episode. Sylvia Leyva Martinez, Wood Mackenz’s principal analyst for solar power and host of Interchange Recharged, is joined by Ed Cro…
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Wood Mackenzie’s 18th Solar and Energy Storage summit is back, in Denver this week. If you can’t make it, don’t worry – we have all the debate and key insight you need to know here on the podcast. Recorded live on day 2 of the summit, host Sylvia Leyva Martinez talks to key industry leaders in solar and storage to answer these questions: What’s bes…
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Wood Mackenzie’s 18th Solar and Energy Storage summit is back, in Denver this week. If you can’t make it, don’t worry – we have all the debate and key insight you need to know here on the podcast. Recorded live on day 1 of the summit, host Sylvia Leyva Martinez talks to four industry leaders in solar and storage to answer these questions: Can the U…
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Over the past couple of years unprecedented low prices for solar panels have spurred incredible growth. But there’s a big shift underway. In this special episode of the show, recorded live from the stage at Wood Mackenzie’s Solar & Energy Storage Summit 2025, host Sylvia Leyva Martinez, Principal Analyst at Wood Mackenzie, sits down with Ben Sigrin…
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“If you don't think in 15 years that we're going to value decarbonisation, or if you're worried about the 45Q, it's pretty tough to write that multi-billion dollar cheque,” says Peter Findlay, Director of CCUS Economics at Wood Mackenzie. In this week’s Interchange Recharged, Peter sits down again with host Sylvia Leyva Martinez to look at the chal…
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The US is projected to add an additional 26 GW of solar capacity in 2025. Solar has been one of the energy transition’s biggest success stories, but there are dark clouds gathering. Uncertainty is the biggest barrier to deployment at the moment: there’s potential changes coming with federal tax credits and trade policies (some of which are already …
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In 2025, the US will consolidate its position as a blue-focused hydrogen market, driven by policy developments under a second Trump administration. A surge in blue hydrogen investment – with at least three large-scale blue hydrogen projects reaching FID – will see the US emerge as the world's leading blue hydrogen producer. So what about the much-h…
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Former President Biden's final days in office involved signing an US$840 million energy contract with Constellation - a statement of intent for the US’s largest nuclear supplier. Since then, what’s changed with nuclear policy? To find out, host Sylvia Leyva Martinez – a principal analyst at Wood Mackenzie – welcomes Maria Korsnick, President and CE…
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The fires in Los Angeles of January 2025 were devastating. They were also made about 35% more likely due to climate change. This is true all over the world; a recent study authored by Research Fellow Pierre Masselot at the London School of Hygiene and Tropical Medicine found that rising temperatures could kill an extra 2.3 million people in Europe …
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How a major US utility plans for sustainable growth. The US is on track to see over 25% growth in annual clean energy installations this year, despite uncertainty around permitting and grid connections. The new Trump administration threatens much clean energy legislation, so how can the industry plan ahead? Annual clean energy installations are set…
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The trends, challenges and breakthroughs. Clean energy in 2025 will face challenges from rising electricity demand, inflation-driven costs, and political pressures. How can these challenges be solved? And what else lies ahead this year? To find out, host Sylvia Leyva Martinez, principal analyst at Wood Mackenzie, sits down with fellow analysts Chri…
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In conversation with Abigail Hopper Policy changes which will impact US solar – both manufacturing and demand - are on the horizon. To discuss the current state of the solar industry in the wake of the US election, the implications of the Inflation Reduction Act (IRA), potential changes to tax credits, and the impact of tariffs and energy demand on…
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In this episode of Foss & Company's Tax Credits Today, Jennifer Pruett, VP of Investments, sits down with Bryen Alperin, Director at Foss & Company, and Andrew Silverman, Senior Analyst of Tax and M&A at Bloomberg Intelligence, to discuss the potential implications of the 2024 election on tax policy. The conversation covers key topics such as the f…
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Could the potential repealing of the IRA halt the progress of solar manufacturing? A second Donald Trump presidency will have a big impact on the energy transition. The Biden administration’s landmark climate bill the Inflation Reduction Act had incentives for domestic solar manufacturing and installations. Tearing up the act could slow down the ex…
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The future of carbon capture With global emissions on the rise, the pressure to decarbonise is driving interest in CCUS (carbon capture, utilisations and storage) … but is CCUS a viable path to net zero, a temporary solution or a high-cost gamble that may simply just perpetuate the use of fossil fuels? Sylvia Leyva Martinez, principal analyst at Wo…
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Strategic solar for a stronger grid The solar industry is at a turning point, shifting from niche investments to a cornerstone of America’s clean energy future. With renewable energy investment soaring and energy needs intensifying, solar's role has never been more crucial. Sylvia Martinez, Principal Analyst at Wood Mackenzie, and David Banmiller s…
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Global investment in renewables is projected to surpass US$2 trillion by 2030, with wind, solar and storage projects leading the way. Syliva Martinez, Principal Analyst at Wood Mackenzie is joined by Ray Long, President and CEO at ACORE (American Council On Renewable Energy), to look at how the energy transition is creating jobs, lowering costs and…
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Part two of our analysis of safety developments for energy storage and batteries. Guest host Sylvia Leyva Martinez, Principal Analyst at Wood Mackenzie, joins us to explore the challenges and solutions to lithium-ion battery safety. In part one of our two part series, thermal runaway events (which can lead to fires) were a key issue. What are the b…
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Exploring fire risk mitigation in the face of lithium-ion challenges. Battery and energy storage-related fires are still relatively rare, but when they do occur, they are challenging to manage due to the high energy density of lithium-ion batteries. So how is the industry working to mitigate these risks? To find out, we are joined by Kelly Sarber, …
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Less than 1% of clean energy investments goes to developing countries. Guarantees and partnerships could increase this. The global energy transition effort is all about ‘the new’. New technology, new financing models, new ways of looking at energy systems. The need for ‘the new’ is greatest in developing countries. For many of them, the challenge i…
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How can we reimagine Scope 3 in order to make faster progress? The intention of the original framing of Scope 1, 2 & 3 emissions reporting was to support business understanding of their broader impact on the climate, so they would take responsibility for transformation to net zero and the impact of the complete value chain. Scope 3 emissions report…
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The Environmental Defense Fund wants changes made to the way the industry analyses hydrogen emissions data. A recent study from the Environmental Defense Fund asserts the energy industry is miscalculating the true impacts of deploying hydrogen. Hydrogen systems, with new analysis, could prove to be better – or worse – than the fossil fuels they int…
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Over 50 million homes in the US use propane. Within a few years, anywhere from 100-300 million gallons of renewable propane are expected to be available for homes and the transport industry. By 2050, renewable propane could meet half the world’s demand for non-chemical propane. So, the demand is there, but are the means of production? Where is the …
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The Department of Energy’s ARPA-E (Advanced Research Projects Agency – Energy) is an agency tasked with the research and development of advanced energy technologies. Since 2009, they’ve provided nearly US$4 billion in funding for more than 1500 potentially transformative energy technology projects. One particular area of focus for them at the momen…
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Demand for heating at industrial sites around the world is rising. How can demand be met sustainably? Think of energy storage, and what do you think of? Probably lithium and nickel. But what about salt, and bricks? One of the big challenges for the energy transition is storage. It’s a particular problem for industrial-scale buildings and areas that…
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5x growth in five years: Convergent energy is overseeing $1 billion worth of energy storage development. Managing intermittent energy supply is a crucial part of the energy transition. When the wind doesn’t blow, or the sun doesn’t shine, we need a backup. Across two days of the Solar & Energy Storage summit, industry leaders and analysts explored …
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The 2024 Solar and Energy Storage Summit has wrapped. What are the key takeaways? In the past three years there’s been a lot of advancement in solar deployment. We’ve seen technology develop and policy support increase. The key talking points have changed similarly in the last three years of the event, but a common thread has been consistent: the i…
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Insight and analysis from the second day of the Solar & Energy Storage Summit 2024. Day 2 of the 2024 Solar and Energy Storage Summit and the conversation was still in full swing. We were there once again to capture all the debate and discussion on the future of the solar energy sector. Electrification is at the heart of the energy transition. Ther…
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Insight and analysis from Day 1 of the Solar & Energy Storage Summit 2024 The 2024 Solar and Energy Storage Summit from Wood Mackenzie kicked off in San Francisco this week. We were there to capture all the debate and discussion on the future of the solar energy sector. If you couldn’t be there in person, we’ve got you covered. We are joined by a r…
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Increased energy demand is inevitable. How do make sure the grid can cope? We’ll likely need a grid twice the size it is today. And balancing supply and demand in the years ahead will require a smart approach. Transmission capacity is one of the most important things to address as we accelerate the energy transition. Achieving net zero by 2050 will…
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Can innovative new lithium extraction methods prevent a supply chain crisis? New lithium extraction methods are essential to meet the rising demand driven by EVs and grid storage. Traditional methods are time-consuming, geographically limited, and in some cases environmentally damaging. The concentration of lithium mines worldwide has implications …
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In the UK, the collaboration between banks and policymakers is crucial for accelerating the energy transition. The financial sector in the UK managed assets worth over 9 trillion UK pounds (11.3 trillion USD) as of 2020, with a considerable portion needing realignment towards sustainable investments to meet the 2050 net zero goal. The Climate Chang…
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Estimates for the cost of decarbonising could be inaccurate. What does that mean for investment and policy-making? About $1.2 trillion is invested annually in climate technology and infrastructure worldwide, with significant portions allocated to China due to its accelerated decarbonization goals. However, experts argue that about $9 trillion could…
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SMRs: a new horizon in Nuclear Power. This week on The Interchange: Recharged, we are joined by Ted Nordhaus, Executive Director at the Breakthrough Institute, an environmental research centre in Berkley, California. They focus on finding technological solutions to environmental problems. Achieving a net-zero emission grid by 2050, they claim, with…
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New battery technology could get EV prices down and drive mass adoption In this week’s episode of Wood Mackenzie’s The Interchange Recharged, we look at the rapidly evolving landscape of EVs and the battery technology that powers them. Market sentiment in the US is up and down; despite a 40% sales increase from the last quarter of 2022 to the same …
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A breakthrough way of producing hydrocarbons, crucial to the aviation industry, could reduce costs and accelerate decarbonisation. Sustainable aviation fuel (SAF) is a key component in the aviation industry's path to decarbonization, which contributes to only 2% of global carbon emissions but is actively seeking cleaner solutions. Airbus and other …
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Half of the energy workforce is employed in clean energy technologies. By 2030, over 10 million new jobs will need to be filled as the energy transition continues. China, for example, employs 3 million workers in clean energy manufacturing – accounting for 80% of solar PV and EV battery manufacturing jobs globally. Skill shortages are as significan…
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In this episode of Foss & Company’s Tax Credits Today podcast, Michael Yager, VP of Investments, and Dawn Lima, VP of Renewable Energy and Sustainable Technologies, explore the pivotal intersection of tax equity and bioenergy. Dive into the world of biogas, bioenergy and renewable natural gas (RNG), discovering their environmental benefits and the …
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Recent legislation in the US promises to be a boon for geothermal energy production. In January, the US House Energy and Commerce Committee passed a bipartisan bill that could have a big impact on the geothermal sector. Effectively putting geothermal on the same footing as oil and gas - by excluding geothermal development from strict NEPA rules – t…
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The traditional process of battery development is slow, expensive, and capital-intensive. AI can help overcome the challenges of predicting battery performance, exploring the vast design space, and conducting time-consuming cycle life testing. We are joined by Alán Aspuru-Guzik, a professor at the University of Toronto specialising in Chemistry and…
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What’s the outlook for low-carbon hydrogen in 2024? Green hydrogen energy, by now well-regarded as a critical component in the energy transition, is still faced with significant challenges. It’s anticipated to significantly contribute to energy needs, with projections suggesting it could supply up to 35% of the UK's energy by 2050, and there's a pu…
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The impact of Artificial Intelligence in energy management. We're at a crossroads in the world of energy. The landscape is shifting with the increasing role of renewables, growing demand and the need for resilience against extreme weather. How do we manage power effectively to keep the grid stable and efficient? Using AI to manage demand is one pos…
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Bridging the gap and overcoming barriers in CCS expansion It's no secret that achieving net-zero emissions requires a significant reduction in the use of fossil fuels. As the world looks to alternative energy sources to combat climate change, carbon capture and storage (CCS) emerges as a key technology enabling industries to decarbonize. By capturi…
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Tackling the global textile waste challenge. The fashion and textile industries are at a pivotal point, urgently needing to incorporate sustainable practices, particularly in textile recycling. With the industry's shift towards synthetic materials like polyester, there's a significant challenge in handling the large quantity of textile waste, estim…
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This episode of Foss & Company's Tax Credits Today podcast explores the world of Historic Tax Credits (HTCs). From the federal to state levels, we uncover the financial incentives that make rehabilitating historic buildings a win-win for property owners, developers and tax equity investors alike. Discover how HTCs not only revive architectural gems…
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COP28 gets underway next week. 7 years on from the Paris Agreement, and a global stocktake of decarbonisation efforts lies ahead. Collective action is crucial, as is an exponential increase in these efforts; current policy is not enough to limit warming to 1.5 degrees C. We are joined by Angela Wilkinson, CEO of the World Energy Council, to discuss…
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In this episode of Tax Credits Today, we dive into the dynamic synergy between tax equity investment, Renewable Energy Credits (RECs) and corporate sustainability goals. Discover how corporates can strategically leverage tax equity to not only address their tax liabilities but also advance their commitment to sustainability. This episode's hosts un…
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Recycling plastic into feedstock is a crucial piece of the energy transition puzzle. We use a lot of plastic – 380 million tons of it is produced every year. Reducing the amount of fossil fuels used in its production, and minimizing waste going into landfill is crucial as we accelerate towards net zero. Plastic Energy is a plastic producer who are …
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New forecasts for weather patterns could help the solar and wind industries make better investment decisions in the long term. Climate trends are accelerating rapidly. Global temperatures hovered consistently at around 1.5 degrees above pre-industrial levels from January to August. Then in September, they shot up to 1.8 degrees. Dr Zeke Hausfather,…
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