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Modeling the DOE’s Energy Infrastructure Reinvestment Program in Resource Planning
This policy brief provides guidance for utility modelers and regulators on integrating the US Department of Energy's (DOE) Energy Infrastructure Reinvestment (EIR) program into capacity expansion modeling. It outlines a three-step approach to maximize ratepayer savings: modeling portfolio-wide financing savings, prioritizing 'clean repowering' at existing fossil sites, and optimizing transmission investments. The document emphasizes the urgency of applying for EIR funding by the end of 2025 to meet the September 30, 2026, conditional commitment deadline.
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Document type: Policy brief
Maximizing the Value of the Energy Infrastructure Reinvestment Program for Utility Customers
This briefing by RMI explores how the Energy Infrastructure Reinvestment (EIR) Program, established by the Inflation Reduction Act (IRA), can be used for "capital recycling" to accelerate the clean energy transition. The author argues that by using low-interest federal loans to displace costly utility equity and refinance "low-quality" rate base components (legacy fossil fuel costs), utilities can reduce ratepayer costs while maintaining sustainable shareholder earnings. The document provides a five-step implementation framework and applies it to case studies of utilities in Iowa and Missouri, while also detailing federal compliance requirements such as NEPA.
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Document type: Briefing
The Energy Infrastructure Reinvestment Program: Federal financing for an equitable, clean economy
This report by RMI analyzes the US Department of Energy's Energy Infrastructure Reinvestment (EIR) program, specifically how utilities can use its low-cost financing to refinance legacy fossil fuel asset costs and invest in clean energy. Through modeling of two utilities—Alliant in Iowa and Ameren in Missouri—the report demonstrates that EIR financing can significantly reduce costs for ratepayers compared to traditional utility financing or securitization.
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Document type: Report
Clean Energy Transition Partnership
A statement from civil society organizations and expert groups, including the International Institute for Sustainable Development (IISD), addressing signatories of the Clean Energy Transition Partnership (CETP). The document evaluates the progress of the commitment to align international public finance with a 1.5°C warming limit and calls for increased, targeted, and transparent clean energy financing starting in 2024.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Statement