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Energy transition funding: insights for leaders
Explore traditional and innovative funding and financing for decarbonization and sustainability investments.
Improve returns on sustainability investments
Energy transition, decarbonization and sustainability-related investments have seen significant growth in recent years due to the Inflation Reduction Act of 2022 (IRA), as well as US and global climate regulations. To propel success, understanding and optimizing the commercial and business models, including the funding and capital stack for these investments, is vital. This requires considering various capital options, tax-funding methodologies federal and state grant and incentive programs, and regulatory nuances. This also requires a solid grasp of the ever-changing geopolitical environment and potential looming changes.
There’s tremendous opportunity for organizations to invest in decarbonization-related technologies, as well as renewable and alternative energies. But identifying applicable funding sources and programs, interpreting eligibility criteria, navigating the application process and even claiming tax incentives can be too overwhelming for many teams to tackle on their own.
EY professionals help businesses capitalize on energy transition-related investments and sustainability incentives with confidence.
Energy transition financing options
IRA Tax Incentives
The IRA offers a wide array of programs aimed at accelerating the transition to a more sustainable, resilient and clean energy economy in the face of climate challenges. Tax leaders should weigh the potential tax savings and benefits against the operational and compliance costs to decide which IRA funding models align with their strategic goals. Working with IRA funding professionals can help drive effective management.
EY IRA and government program services
Explore our tax advisory, strategic planning, and compliance services, technologies and tools.
Our Latest Energy Transition Insights
Nuclear revival: getting future projects right
How a nuclear revival in the utilities industry and nuclear power plant construction can address project management, cost, risk and regulation challenges.
07 Mar 2025
Thomas Flaherty, III
How to enable data center growth and advance sustainability simultaneously
Building the data centers sustainability necessary for AI and emerging technology shouldn’t require sacrificing environmental and climate goals. Read more.
16 Jan 2025
EY Americas
How the 2024 US elections may affect the energy industry
EY's industry leaders discuss four 2024 election outcome scenarios shaping US energy tax policy and regulation.
29 Oct 2024
Greg Matlock
How bold action can accelerate the world’s multiple energy transitions
Our energy system is reshaping at speed, but in different ways across different markets. Three accelerators can fast-track change. Learn more.
05 Dec 2023
Serge Colle
Will local ambition fast-track or frustrate the global energy transition?
The Inflation Reduction Act has triggered competition in renewables, but could unbalance international capital allocation. Read more in RECAI 61.
13 Jun 2023
Ben Warren
The new “performance frontier” for the utilities sector
The new performance frontier for the utilities sector requires aligning outcomes with value. Read more.
03 May 2023
Thomas Flaherty, III
Why wavering consumer confidence could stall the energy transition
The Energy Consumer Confidence Index reveals that the impact of the energy transition is hitting home. Discover more.
24 Apr 2023
Greg Guthridge
How can energy companies create carbon transparency?
Accurate emissions data capture is crucial for building carbon transparency and winning stakeholders’ trust. A digital carbon ledger might help. Read more about it here.
24 Apr 2023
Patrick Jelinek
How employee experience insights can help utilities serve customers
Placing employee experiences insights at the center of a utility’s transformation can improve the customer experience, too. Find out how.
17 Apr 2023
EY Americas
US Tax Incentives for Hydrogen: A Clean Energy Solution
Learn how the government is incentivizing US companies to focus on hydrogen production as it’s a growing alternative energy source since the IIJA and IRA were enacted.
20 May 2024
Greg Matlock
Four factors to guide investment in battery storage
RECAI 63: Demand for battery energy storage is growing amid grid volatility. The EY ranking of investment hotspots highlights opportunities. Learn more.
14 Jun 2024
Arnaud de Giovanni
Our Energy Transition Case Studies
How an industry newcomer is helping decarbonize the refining industry
An EY team helped a private company make their make CCS commercialization plans a reality. Learn how in this case study.
15 Dec 2023
Greg Matlock
How a digital ledger helped one plastics company champion circularity
Building trust and transparency with customers starts with an irrefutable sustainability certificate. Learn more
14 Mar 2023
Glenn Steinberg
An energy company’s transformation for the 21st-century customer
Learn how Xcel Energy is building trusted relationships with customers and helping lead the energy transition through innovative products and services.
28 Oct 2022
Minsoo Pak
How the energy sector can extract value from emissions data
Fueled by human collaboration and the latest technology, we helped one company find opportunity in sustainability. Learn more in this case study.
20 May 2022
Mitch Fane
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How EY can help
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Sustainability and ESG services that help protect and create value for business, people, society and the world. Explore the depth and breadth of EY services and solutions.
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Discover how EY's global renewables team can help your business transition to the world of renewable energy.
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EY Sustainability Tax professionals can help your business realize your corporate sustainability strategy. Learn more.
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