Over the last 18 months, the 114th Congress has considered hundreds of bills, debated many policies, and passed legislation, at least in one chamber or the other. This Congress has even approved some measures crucial to the advanced energy industry. Specifically, the extensions of the Production Tax Credit (PTC) and Investment Tax Credit (ITC) provide the certainty that many AEE member companies need to plan and thrive over the coming years – even if those extensions left out some other advanced energy technologies, such as fuel cells, combined heat and power, and storage.
But now, all eyes are focused on the energy bills passed separately by the House and the Senate. While the measures are miles apart in terms of scope, ambition, and politics, this week lawmakers ignited hope that a consensus, or at least compromise, bill may land on the President’s desk. But it wouldn’t be Congress if they weren’t going to wait until the last minute. The process moving forward is not a Madisonian delight, but it is at least starting to resemble the Schoolhouse Rock version of lawmaking.