“From a commercial perspective, it’s not a unilateral decision most of the time on whether you can begin construction,” said Greg Matlock, a tax leader at EY Americas.

The U.S. International Trade Commission’s vote “clears the way” to set even higher solar import tariffs on four Southeast Asian countries, said attorney Tim Brightbill.

The bill’s “unworkable” provisions raise barriers for projects to qualify for clean energy credits before an accelerated 2028 expiration, an industry association said. Jefferies analysts also called out its “intentional targeting” of residential solar.

The federal government must continue clean energy tax credits, DOE nuclear initiatives and Nuclear Regulatory Commission reforms to sustain momentum, the NEI’s Maria Korsnick said.

The increases come amid a national rise in electricity prices and rapidly growing demand. Consolidated Edison has spent about $2.35 billion on its distribution system since last summer.

The application kicks off a multi-year federal permitting process as the country’s largest public power provider works to bring its first advanced reactor online in late 2032.

Demand-side management can handle 10% of U.S. load in 2030, but annual generation deployments need to double to keep pace with expected longer-term demand, the consulting firm said.

EnergySolutions and WEC Energy Group are exploring new advanced nuclear generation at the retired Kewaunee plant, rather than a potential restart, a WEC spokesperson said.

Some 9.8 million metric tons of blue hydrogen production capacity is in development based largely on the promise of the 45V tax credit, according to the Citizens for Responsible Energy Solutions Forum.

As grid modernization accelerates, high-voltage direct current transmission will be a cornerstone in the transition to a cleaner, smarter and more resilient power system.