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The impact of the Inflation Reduction Act on the global solar market
- 2024-02-05 23:39:18
- Junior Isles
Although the introduction of the US Inflation Reduction Act IRA incentivises solar manufacturing, local production capacity is currently only around 13 GW. This falls far short of government ambitions, and pales in comparison to the 1000 GW that China could produce if its factories were running at full capacity. The figures reflect how serious the oversupply situation is for the Chinese market, while the US faces mounting pressure to translate planned projects into reality.
By Brian Crotty, Executive Vice President and General Manager, Dow Jones Energy
US Court cancels Trump’s Affordable Clean Energy Rule
- 2021-01-20 07:28:32.914972
- David Flin
A ruling from the Washington DC circuit of the US Court of Appeals, on the day before Joe Biden is to be inaugurated as President, that Trump’s Affordable Clean Energy law was “legally flawed.”
US Energy Department says more baseload power needed to secure grid
- 2017-08-24 06:26:52.945920
- David Flin
The US Energy Department has released a report on 23 August stating that cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, which it claims could put the resilience of the US electric grid at risk.
US Senate developing one-stop shop for new power projects
- 2017-04-11 06:07:29
- David Flin
The US Senate is in the process of developing a law to create an on-line portal that would fast-track putting up new power generation facilities.
