November 21, 2024

Wood Mackenzie

Wood Mackenzie
US Utilities Face Scramble to Meet New Demand
U.S. electric utilities have been caught “flat-footed” by the impending demand for electricity, Wood Mackenzie asserts in a new report. 
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Biden Doubles Down on Support for US Solar Manufacturing
The administration’s focus on growing a healthy, competitive solar supply chain combines Biden’s drive to stimulate private investment in clean tech manufacturing and jobs and bipartisan concerns about Chinese trade practices.
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Biden’s New Tariffs Target China’s Dominance in Solar, EV Markets
President Joe Biden directed the U.S. trade representative to slap steep new tariffs on Chinese goods, including semiconductors, solar cells, battery components and electric vehicles.
Dogger Bank Wind Farm
2023 Flat for Wind Turbine Makers in West, Huge in China
Wood Mackenzie reports Western wind turbine manufacturers saw demand for their products ease in 2023 amid a stalled market while Chinese companies saw surging demand.
American Clean Power Association
Can US Maintain Record Solar, Clean Power Growth?
The U.S. could nearly quadruple solar capacity in the next 10 years, according to a SEIA report, while a ACP report shows that delays on clean energy projects have put more than 60 GW of clean power capacity on hold.
Wood Mackenzie
US Storage Market Sees Strong Growth, Strong Headwinds
Grid- or utility-scale storage continues to be a primary driver of U.S. market growth, jumping 71% from the third quarter of 2022 to the same quarter this year.
ACP
ACP: Solar, Storage Soar in Record-breaking Q3; Wind Sputters

The U.S. grid added a record 5,551 MW of utility-scale solar, wind and storage in the third quarter of 2023, according to a new report released Wednesday from the American Clean Power Association.

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Long-term Optimism Meets Short-term Concern at Offshore WINDPOWER 2023
The American Clean Power Association’s Offshore WINDPOWER conference discussed uncertainty and the need for federal support amidst supply chain snarls and high interest rates.
Lawrence Berkeley National Laboratory
Berkeley Lab: Utility-scale Solar Heading for Record 2023
After a down year, the Berkeley Lab sees new utility-scale solar capacity increasing more than fourfold by the mid-2030s to over 50 GW per year.
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Treasury Previews ‘Phase 2’ of IRA Tax Credit Rollout

Starting in 2024, consumers buying an electric vehicle that qualifies for a $7,500 tax credit under the Inflation Reduction Act.


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