Bipartisan Legislation Introduced to Further Clean Energy Fuel Cell and Linear Generator Expansion

On October 3, 2023, U.S. Representative Jimmy Panetta (D-Carmel Valley) introduced bipartisan legislation called the Technologies for Energy Security Act (H.R. 5820). This legislation aims to extend the Investment Tax Credit (ITC) for fuel cells and linear generators by an additional eight years under the Inflation Reduction Act (IRA). Currently, these tax credits provide up to a 30 percent incentive and are set to expire in 2025. Fuel cells and linear generators are seen as a way to provide low-emission, decentralized energy sources, enhancing community resilience, particularly in regions prone to power outages such as California. These technologies are primarily manufactured in the USA. This legislation seeks to support and promote domestic innovation for a more sustainable and resilient energy future.