IDRV - Global Power And Renewables Research Highlights September 2022

Summary

• On 16 August 2022, President Joe Biden signed into law the IRA.
• The COVID-19-related global supply chain disruptions, extreme weather events, rising inflation, and the Russia-Ukraine crisis have pushed the cost of capital to record highs.
• Meanwhile, in China, surging cooling demand during a prolonged heat wave combined with drought in China's largest hydro generating region led to power rationing as industrial consumers were asked to ramp down production to prioritize residential consumers.

For further details see: