amended by striking plus at the end of paragraph (31), by striking the period at the end of paragraph (32) and inserting , plus , and by adding at the end the following new paragraph: (33) the emerging energy technology production credit determined under section 45T(a). . (c) Special rule for proceeds of transfers for mutual or cooperative electric companies Section 501(c)(12)(I) of such Code, as amended by the preceding provisions of this Act, is amended by striking or 48D(e) and inserting , 45T(f), or 48D(e) . (d) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new item: Sec. 45T. Electricity produced from emerging energy technology. . (e) Effective date The amendments made by this section shall apply to electricity produced and sold in taxable years beginning after the date of the enactment of this Act, at facilities placed in service after such date of enactment. 5. Energy credit for energy storage technologies (a) In general Section 48(a)(2)(A)(i) of the Internal Revenue Code of 1986 is amended by striking and at the end of subclause (III) and by inserting after subclause (IV) the following new subclause: (V) energy property described in paragraph (3)(A)(viii), and . (b) Energy storage technologies Section 48(a)(3)(A) of such Code is amended by striking or at the end of clause (vi), by adding or at the end of clause (vii), and by adding at the end the following new clause: (viii) equipment which receives, stores, and delivers energy using batteries, compressed air, pumped hydropower, hydrogen storage (including hydrolysis), thermal energy storage, regenerative fuel cells, flywheels, capacitors, superconducting magnets, or other technologies identified by the Secretary, in consultation with the Secretary of Energy, . (c) National limitation relating to energy storage property Section 48(a)(5) of such Code is amended by adding at the end the following new subparagraph: (F) National