Developing and Financing California’s Energy Transition

Rob discussed the concept of an energy transition and the Golden State’s unique starting point and pathway, and the challenges and opportunities for renewable energy, transmission, and transportation development.

Jorge described the complex mix of federal and state tax incentives that drive characteristic flip, partnership and lease structures, particularly the federal production tax credit (PTC), investment tax credit (ITC) and carbon capture credit (45Q) and the state Low Carbon Fuel Standard (LCFS). Jorge also detailed how the government incentives augment the stack of financing sources available for California investment.

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