On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the local moratoriums being put in place that could block renewable energy projects from starting construction in light of the new PTC and ITC qualification criteria in the USA.

The Sabin Center for Climate Change Law at Columbia Law School released an update to their report cataloguing the counties & townships in the USA which have moratoriums or other opposition against renewable energy project development.

The report indicates that at the end of 2024 there are now 459 counties and municipalities across 44 states which had adopted severe local restrictions on siting renewables. That’s a 16% increase vs 2023. There are now 20 significant state level restrictions on renewable energy project siting in 16 states. There are a total of 498 contested renewable energy projects in 49 states.

Under the likely changes to the IRS rules for tax credit qualification, the start of construction is likely to combine the safe harbor and physical works requirements. If power generation equipment is not already safe harbored, a moratorium could be used to block the start of physical construction and prevent a developer from claiming tax credits. Developers likely have until the end of 2025 to safe harbor wind turbines or solar panels.

Have a listen today, and get in touch with your best questions about the renewable energy market in the USA, or any other country around the world.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/grfixJn