Solar power will account for 40 percent of U.S. electricity generation by 2035, according to a White House policy report on solar energy released Tuesday. Solar could provide jobs for 1.5 million people. The U.S. government has made a lot of efforts to decarbonize the nation's power grid at a faster pace. The U.S. government would have to deploy solar at three to four times the current rate. Congress will extend funding for storage and transmission incentives.
Solar energy storage will play a key role in decarbonizing the U.S. power grid. Congress for real.Several activities are also being undertaken to this end.The government will extend the investment and production tax credit.Create new incentives for transmission and storage projects.The government develops a stable and predictable energy tax platform. It's a platform that can put millions of Americans back to work.
People involved say it is exciting to see the Biden administration continue to prioritize accelerating the renewable resource transition. Indeed, capturing this growth opportunity will require a rapid transformation of the power sector. Along the way, this transformation will lead to a more prosperous climate and economy.At present, many new policies are being adjusted in order to accelerate the realization of this goal.