Tax Credits, Energy Demand, & the Race to Build New Power Generation | ESG Decoded Podcast #188

The future of energy is not just about new technologies; it is about how policy, investment, and growing demand come together to shape what gets built next.In this episode, host Erika Schiller speaks with Tom Bitting, Managing Director at Advantage Capital, about the evolving landscape of renewable energy development in the United States. Their conversation focuses on how policy shifts, federal tax credits, and investor behavior are shaping the pace and scale of new power generation projects. As electricity demand accelerates, driven by economic growth, data centers, and emerging technologies, the need to build new power generation is becoming increasingly urgent.Tom outlines the market dynamics influencing renewable energy investment, including:The role of Investment Tax Credits (ITCs) and Production Tax Credits (PTCs) in financing solar, wind, and storage projectsHow transferable tax credits are expanding investor participation in clean energy marketsThe potential ripple effects of policy changes on project economics, electricity prices, and grid reliabilityWhy investors are beginning to evaluate emerging technologies like energy storage, geothermal, and nuclear alongside traditional renewablesDon’t miss an episode—subscribe to ESG Decoded on your favorite podcast platform and follow us on social for the latest updates!Episode Resources: Inflation Reduction Act (IRA): https://www.energy.gov/edf/inflation-reduction-act-2022 Solar Investment Tax Credit (ITC): What Changed: https://www.energy.gov/eere/solar/articles/solar-investment-tax-credit-what-changed Renewable Electricity Production Tax Credit (PTC): https://www.epa.gov/lmop/renewable-electricity-production-tax-credit-information Advantage Capital: https://www.advantagecap.com/ Connect with Tom Bitting: https://www.linkedin.com/in/tombitting/ Connect with Erika Schiller: https://www.linkedin.com/in/erika-schiller-2773a52/ -About ESG Decoded ESG Decoded is a podcast powered by ClimeCo to share updates related to business innovation and sustainability in a clear and actionable manner. Join Emma Cox, Erika Schiller, and Anna Stablum for thoughtful, nuanced conversations with industry leaders and subject matter experts that explore the complexities about the risks and opportunities connected to (E)nvironmental, (S)ocial and (G)overnance. We like to say that “ESG is everything that’s not on your balance sheet.” This leaves room for misunderstanding and oversimplification – two things that we’ll bust on this podcast.ESG Decoded | Resource Links Site: https://www.climeco.com/podcast-series/Apple Podcasts: https://go.climeco.com/ApplePodcastsSpotify: https://go.climeco.com/SpotifyYouTube Music: https://go.climeco.com/YouTube-MusicLinkedIn: https://www.linkedin.com/company/esg-decoded/IG: https://www.instagram.com/esgdecoded/*This episode was produced by Singing Land Studio  About ClimeCoClimeCo is an award-winning leader in decarbonization, empowering global organizations with customized sustainability pathways. Our respected scientists and industry experts collaborate with companies, governments, and capital markets to develop tailored ESG and decarbonization solutions. Recognized for creating high-quality, impactful projects, ClimeCo is committed to helping clients achieve their goals, maximize environmental assets, and enhance their brand.ClimeCo | Resource LinksSite: https://climeco.com/ LinkedIn: https://www.linkedin.com/company/climeco/IG: https://www.instagram.com/climeco/