The "One Big Beautiful Bill Act," signed July 4, 2025, significantly accelerates the phase-out of tax credits for solar and wind projects while extending eligibility for other clean energy technologies like storage and geothermal.

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Ameren Missouri plans to build an 800-MW natural gas-fired power plant and a 400-MW battery energy storage facility near St. Louis, aiming for a 2028 operational date.

Europe's rapid growth in wind and solar capacity has led to unprecedented periods of extremely low or negative wholesale electricity prices.