Policy driving expansion
The U.S. renewable energy market is on a tear. According to the International Renewable Energy Agency, the United States added 29 GW of renewable energy capacity in 2020 – almost 80% more than the year before. But high growth rates are needed to meet the Biden administration’s goal of a carbon-free electricity grid by 2035. Policymakers are now discussing a slew of measures in Washington to accelerate the clean energy transition, reports pv magazine publisher Eckhart K. Gouras.
While important, federal support for the renewable energy sector in the United States is only one part of the equation. The fifty U.S. states play a key role in driving the clean energy transition and perhaps the most important instrument at the state level has been the Renewable Portfolio Standard (RPS). These RPS require …
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