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“Great, beautiful law” called “Great, Beautiful Law”, if it passes, the United States will forchange changes to a clean energy market. At the beginning of this week, the worst provisions that affect the industry during the trial are still bad in this week. In fact, the current language of the bill can also be an average indicator in the local solar production industry.
Like the floor, the bill shuts up a lot of Joe Biden’s signature 2022 inflation reduction. Local and utility scale include killing stimuli for solar energy . Even worse, the bill This encouraged the use of US-made gear.
There were a number of provisions that did not live on the Senate, renewable energy. Like It was noted that Levy would apply an additional payment to projects using foreign materials Like The announcement will reduce energy projects renewable in favor of extending the lives of coal and gas turbine plants.
Rob Gardner is a vice president for solar power producers for the President of Congress and Regulatory Affairs for Sema. The United States explained the impact of changes to the solar industry and toured me with the bill. “Positive, clean energy components protect production tax credits for manufacturers,” he said.
One pinch of the previous version of the bill was the speed of existing tax loans. Like the floor, already approved projects, according to any project starting in June 2026, will be in line with this regime. “Basically, a year later a year later [companies have] To start construction on the utility scale solar projects to get the full amount of the loan, “he said.
The bigger issue is that the bill is “uncertainty for long-term demand for US products” according to Gardner. Simply put solar panels in America’s production more than Chinese counterparts due to higher production costs. By deleting incentives, including the internal content bonus, opening the door to the US Chinese alternatives. Gardner added “You will see the flood of Chinese product after tax credits completed in domestic production and consumption [in the market.]”
USA U.S. total domestic energy consumption will increase by about two percent next year. The slowdown of new energy supplements is the last thing the United States needs, especially restored All new electricity power in 2024. However, it is likely that this will remain the largest technology used to make new electricity power for all changes in the bill.
Abigail Ross Hopper, the General Manager of the Solar Energy Industries Association is not a slap . According to him, “” He violates the foundation of the return of America’s production, “he said. Hopper added that families will face higher electrical bills, the factories will close, and Americans will lose their work and our electricity network will weaken. “
Jason Grumet, CEO of the American Clean Electric Union The bill is as “step-up” as “deliberate effort” to violate the American energy policy and “one of the fastest sources of intentional growing electricity.”
Environmental groups also believe that the draft law celebrates a dark day in the fight against climate change in the world. Greenpeace USA Climate Program Assistant John Noël, said a This is a vote in the “This” in the fossil fuel industry presentations. “This is a voice in infamia.”
Deputy President of the Environmental Defense Foundation, Deputy President Joanna Slaney agreed. He said that the bill “Cheap energy supply is effectively cut when the United States needs the most need.” In contrast, the bill “10 years of paying a fee for extravaging methane pollution carbon dioxide to the environment.
Studies by a clean energy company The bill can pose a threat to a newly renewable energy capacity of 600gW. This includes the bill, the bill should begin construction in early June 2026, which includes solar farms and battery storage projects that need to be in a hurry to work.
