Current policy and market context for energy projects.
A dated, source-based overview of U.S. federal incentives, interconnection reform, storage integration, and project diligence—reviewed July 19, 2026.
TransGlobe Power
Energy Updates
Federal clean-electricity credits
The federal framework now uses technology-neutral incentives for qualifying facilities placed in service after 2024. Section 45Y is a production-based credit and Section 48E is an investment-based credit. Eligibility, timing, labor requirements, bonus-credit rules, phaseouts, and later statutory changes can materially affect a project, so current IRS guidance and qualified tax counsel should be checked before an incentive is included in an investment case.
Model incentives as a documented assumption—not guaranteed revenue
Confirm technology, construction, placed-in-service, ownership, and labor requirements
Track IRS notices, forms, regulations, and statutory amendments through financial close
Section 48E provides a technology-neutral investment-credit pathway for qualifying clean-electricity property. Project teams should align the tax analysis with equipment scope, cost basis, ownership, construction schedule, prevailing-wage and apprenticeship considerations, and any applicable domestic-content or energy-community rules.
FERC Order No. 2023 and Order No. 2023-A changed the federal generator-interconnection framework, including a move toward cluster studies, stronger readiness requirements, commercial-readiness deposits, study deadlines, and rules addressing affected-system coordination. The practical process still depends on the applicable transmission provider, tariff, queue, and compliance filing.
Use the controlling tariff and queue rules—not a generic national schedule
Validate deposits, site-control milestones, withdrawal exposure, and study assumptions
Integrate network-upgrade scope and equipment lead times into the development schedule
Battery storage can shift solar output, smooth short-duration variability, support resilience, and provide grid services, but value depends on the operating use case, interconnection rights, controls, degradation, safety requirements, and market rules. Technology selection should follow the project duty cycle and risk allocation.
No single permit list applies to every energy project. Requirements vary with location, land ownership, technology, water and wetlands, species and habitat, cultural resources, aviation, emissions, local land use, fire code, transmission routing, and the agencies involved. A current jurisdiction-specific permit matrix should be prepared early and updated as the design changes.
Identify the lead agencies and approval sequence
Separate federal, state, tribal, regional, utility, and local requirements
Connect permit conditions to design, procurement, construction, and operating obligations
Editorial and legal notice
This page is general project-development information, not legal, tax, investment, engineering, environmental, or regulatory advice. It was reviewed on July 19, 2026 and should be rechecked before publication updates or project decisions. TransGlobe Power does not present third-party policy developments as company news.
FAQ
Common questions
Clear answers
What to know about energy updates .
Can a project rely on the credit descriptions on this page?+
No. They are a starting point only. Eligibility and value depend on current law, guidance, project facts, timing, ownership, contracts, labor compliance, tax capacity, and professional advice.
Does FERC Order No. 2023 create one interconnection process nationwide?+
No. It reforms the federal framework, but each project must follow the applicable transmission provider’s effective tariff, procedures, queue rules, and study process.
How often should this page be reviewed?+
At least quarterly and whenever Congress, the IRS, FERC, DOE, EPA, the Department of the Interior, a state regulator, an ISO/RTO, or the relevant utility changes a material rule or program.
