The U.S. Will Rapidly Grow Its Renewable Energy Capacity
According to the report the U.S.’s total renewable capacity could reach 375 gigawatts by the end of 2021 and continually increase until it reaches 554 gigawatts by 2026. A number of policies are on the table for the U.S. to get there, with the Biden administration making a big push. President Joe Biden has set ambitious clean energy goals, including getting the U.S. on course for 30 gigawatts of offshore wind by 2030 and committing the country to an entirely decarbonized grid by 2035.
The House recently passed the Build Back Better Act that, if made law, would represent the first major climate change legislation passed since 2009. Among other things, the Build Back Better Act includes $105 billion towards bolstering climate change resilience and $110 billion to improve U.S. renewable energy technology supply chains.
