WEBINAR: The New Investment Tax Credit for Waste Heat to Power Projects and Other End of Year Congressional Action to Promote Cogeneration and Clean Manufacturing
Thursday, January 21, 2021 12:00 PM – 1:00 PM CDT
The Consolidated Appropriations Act, 2021 adopted by Congress includes a 26% Investment Tax Credit (ITC) for “Waste Energy Recovery Property” which converts waste heat to electricity. It also extends the investment tax credit for combined heat and power, continues funding for the DOE’s CHP Technical Assistance Partnerships, and authorizes a number of new programs designed to green the American manufacturing sector. This webinar will dig into what the new ITC for waste heat to power may mean for your business and how to capitalize on it, as well as provide a high level overview of the other clean energy provisions of the Act.
Introduction
Patricia Sharkey
Executive Director
Heat is Power Association
Patricia Sharkey is the Executive Director of the Heat is Power Association and also the Policy Director of the Midwest Cogeneration Association. She is an environmental lawyer and the President and founder of Environmental Law Counsel, P.C. a boutique environmental and energy law firm based in Chicago.
Featured Presenters
Janice Tran
CEO
Kanin Energy
Featured Speaker Janice Tran is the Chief Executive Officer of Kanin Energy. Janice provides the leadership and financing strategy for Kanin Energy. Prior to Kanin, Janice was an early employee and Director at Generate Capital, a project finance investment firm that focused on investing in renewable energy projects. There she built North America’s largest portfolio of anaerobic digestions assets. Her role spanned across deal execution, origination, market development and asset management. Prior to Generate Capital, Janice worked at NRG, one of America’s largest power producers, to start their renewable microgrids business line.
Lynn Abramson
President
Clean Energy Business Network
Lynn Abramson, the President of the Clean Energy Business Network. Lynn is also the Federal Affairs Director for the Heat is Power Association. Lynn is based in Washington D.C. where she leads CEBN’s educational, advocacy, and business support services and represents the network before public and policymaker audiences. Lynn previously managed the CEBN at its former home in The Pew Charitable Trusts from July 2013 until its transition to the Business Council for Sustainable Energy in May 2017. Lynn has also worked as a senior legislative assistant in the U.S. Senate on energy, natural resources, and transportation policy.
Kanin Energy enables large industrial users to monetize their waste heat by providing end-to-end project development and financing to generate clean power. Kanin helps partners reduce their carbon impact without having to worry about efficiency projects that are “too small” for their core business. Partners would be paid for the waste heat, which can be used to reduce operational costs or provide an additional revenue stream. Kanin is also active in CHP, helping industry reduce their energy cost and increase energy resiliency and reliability. You can find out more about Kanin Energy at www.kaninenergy.com.
The Clean Energy Business Network (CEBN) is the small business voice of the clean energy economy, working to enhance opportunities for clean energy providers through policy support, market and technology information, and business development. Who are you?
The Heat is Power Association is the national trade association representing the waste heat to power industry. HiP is active before Congress and in state forums across the U.S. seeking recognition of waste heat as an abundant, zero emission resource for baseload power production.
