Policy Analysis

Geothermal Tax Credit Research

Evaluated the financial feasibility and bankability of utility-scale Enhanced Geothermal Systems (EGS) compared to onshore wind and solar PV under the One Big Beautiful Bill Act (OBBBA) of 2025. The study assessed whether preserving Investment Tax Credits (ITCs) through 2033 gives geothermal a distinct financial advantage as tax incentives for solar and wind phase out.

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