Biden has set ambitious solar targets
US solar targets a ‘challenge’ – Wood Mackenzie
Industry faces headwinds including supply chain tariffs and rising commodity prices
The Biden administration's plan to produce up to 45pc of US electricity from solar power by 2050 is a “stiff challenge” for the domestic solar industry, according to Michelle Davis, principal analyst on consultancy Wood Mackenzie’s solar team. Solar currently contributes c.4pc to US grid supply. The 45pc goal was released in the US Department of Energy’s (DoE) Solar Futures Study report in September using modelling by the National Renewable Energy Laboratory (NREL). Biden has set a goal of achieving a net-zero power sector by 2035. “We certainly agree with NREL’s study that capacity additions need to double and then quadruple in the next decade to meet these clean energy targets,” says Davi
Also in this section
12 March 2025
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
11 March 2025
Direct air capture is still in its infancy, but organisations are seeking to leverage global collaborations and AI to discover new materials, with an aim of scaling up the technology and cutting costs
8 March 2025
Honouring the trailblazing women shaping the future of hydrogen
4 March 2025
Rising power demand has boosted the prospects for CCS as some more established transition technologies come under pressure
