U.S - U.S. is poised to invest more than half a trillion dollars in clean energy and climate action over the next decade.
Department of Energy announced that they are working to implement the largest clean energy investments in U.S. history. Thanks to President Biden’s clean energy plan, the U.S. is poised to invest more than half a trillion dollars in clean energy and climate action over the next decade. Through these efforts, Americans are accessing new savings, new jobs, and new opportunities to be a part of our sustainable future.
According to the administration, here are some of the Biden-Harris Administration’s renewable energy advancements and investments to date
Batteries:
Batteries are a renewable energy source that are critical to the clean energy transition. The Biden-Harris Administration seeks to draw on their versatility by making them more accessible and affordable for Americans.
To date, there have been $85 billion dollars of new U.S. battery manufacturing and supply chain investments under, including 111 new and expanded processing and manufacturing plants — enough energy to power 10 million electric vehicles each year.
Solar Energy:
Solar energy powers millions of homes and workplaces across the United States by driving heating, cooling, and lighting technologies and systems. Increasing the affordability of solar energy means that more and more communities can make simple, renewable energy upgrades.
Since President Biden took office, nearly $5 billion in solar manufacturing investments have been announced, including 47 manufacturing plants.
Wind Energy:
President Biden is also committed to advancing wind energy research and development. The Administration has initiated a number of coordinated actions to develop new floating offshore wind platforms. This should place the United States at the forefront of this technology and generate thousands of good-paying jobs.
The Administration has set an ambitious goal of deploying 30 gigawatts of offshore wind by 2030, enough to power 10 million homes, support 77,000 jobs, and spur investment across the supply chain.
Nuclear Energy:
Today, nuclear energy provides nearly 50% of the United States’ carbon free electricity. However, recent closures of nuclear reactors across the nations have diminished use of this energy source and contributed to increased carbon emissions.
President Biden recognizes the importance of nuclear energy and its preservation for our nation. That’s why the Administration is providing millions of dollars to support nuclear energy facilities.
For example, through the Department of Energy’s Civil Nuclear Credit Program, the Biden-Harris Administration allocated $6 billion to ensure that Diablo Canyon Power Plant continues operating safely to prov
ide Americans power and jobs.
Source: Energy.gov