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Join the Office of Manufacturing and Energy Supply Chains (MESC) and the Energy Communities IWG in Evansville, Indiana, on Tuesday, April 16, 2024, for an event bringing together federal officials, private sector leaders, and local communities to discuss the Qualifying Advanced Energy Project Credit (§ 48C) program.
The § 48C program was established by the American Recovery and Reinvestment Act of 2009 and was expanded with a $10 billion investment under the Inflation Reduction Act of 2022 to fund projects that:
- Expand clean energy manufacturing and recycling.
- Expand critical materials processing and refining.
- Reduce greenhouse gas emissions at industrial facilities.
The § 48C program will provide an investment tax credit of up to 30% of qualified investments for certified projects that meet prevailing wage and apprenticeship requirements. The program also sets aside 40% of funds for projects in designated energy communities—communities with closed coal plants or mines—to encourage job creation and economic growth in all pockets of America.
This event will include:
- An overview of the Inflation Reduction Act’s $10 billion § 48C program.
- Discussion of the advantages of investing in rural communities.
- Networking with federal officials, community leaders, and clean energy manufacturing professionals.
The event will be focused on the Inflation Reduction Act’s $10 billion Qualifying Advanced Energy Project Credit (48C) Program. These events will share publicly available information. All information shared at the events will be made available to non-attendees.
Speakers will share publicly available information, all of which will be made available to non-attendees.
The event is open to the public. Project developers, asset owners, financiers, local/state/federal officials, community leaders, nongovernmental organizations, and worker organizations will be invited, among others.
For more information on events, please email us at [email protected].
Please submit any programmatic questions to [email protected].
Agenda
Tuesday, April 16, 2024
University of Southern Indiana, Josephine K. Carter Hall
Evansville, IN
| TOPIC | SPEAKERS | CENTRAL TIME |
| Registration & Networking | 9:00–10:00 a.m. | |
| Federal and State Partner Office Hours | Attendees can speak directly with federal and state officials to discuss funding and technical opportunities that can directly impact their project and communities. Including representatives from:
| 9:00–10:00 a.m. |
| Welcome and Opening Remarks | Briggs White, Deputy Executive Director, Energy Communities IWG (moderator) Rachel McCleery, Senior Advisor, U.S. Department of the Treasury | 10:00–10:30 a.m. |
| Office of Manufacturing and Energy Supply Chains, § 48C Program Overview, and Other Relevant Programs | Informational session providing background on the U.S. Department of Energy’s Office of Manufacturing and Energy Supply Chains (MESC), an overview of the Qualifying Advanced Energy Project Credit (§ 48C) program, and a summary of other relevant MESC programs. Zack Valdez, Ph.D., Strategic Advisor, Department of Energy Office of Manufacturing and Energy Supply Chains | 10:30–11:00 a.m. |
| § 48C Q&A Panel Discussion | Q&A session with federal officials to address questions relating to the § 48C program and other federal opportunities designed to foster economic revitalization in energy communities. Zack Valdez, Ph.D., Strategic Advisor, Department of Energy Office of Manufacturing and Energy Supply Chains Rachel McCleery, Senior Advisor, U.S. Department of the Treasury Briggs White, Deputy Executive Director, Energy Communities IWG | 11:00–11:30 a.m. |
| Lunch and Networking | 11:30 a.m.–12:30 p.m. | |
| To Be Announced | 12:30–1:00 p.m. | |
| Building Successful Projects for Energy Communities Panel Discussion | Betsy Dirksen Londrigan,Administrator, Rural Business Cooperative Service, U.S. Department of Agriculture Alyson Grady, Deputy Director, Office of Regional Economic Development, Illinois Department of Commerce & Economic Opportunity Additional speakers to be announced | 1:00–1:45 p.m. |
| Closing Remarks | Briggs White, Deputy Executive Director, Energy Communities IWG | 1:45–2:00 p.m. |
| Federal and State Partner Office Hours | Attendees can speak directly with federal and state officials to discuss funding and technical opportunities that can directly impact their project and communities. Including representatives from:
| 2:00–3:00 p.m. |