Invest in Clean Energy to Strengthen America’s National Security
The Russian invasion of Ukraine is affecting many industries, especially all types of energy sources. In an article published by SEIA titled, Invest in Clean Energy to Strengthen America’s National Security - they talk about the importance of diversifying our energy sources and reinforcing American energy independence. Here are some important points from the article:
Congress is considering federal budget legislation that invests in clean energy and makes a major dent in President Biden’s decarbonization goals.
Utility-scale solar prices increased by 18% in 2021 due to continued supply chain disruptions, unfair trade actions, and federal policy uncertainty. As a result, 13% of utility-scale solar projects that were slated for completion in 2022 are now delayed by at least a year or cancelled outright.
Passing clean energy manufacturing incentives can dramatically reduce shipping and import costs, helping the solar industry meet demand with U.S.-made products. In addition, having more American-made products will help protect the industry from global disruptions and ensure every piece of technology that goes into a solar energy system, including cyber-secure power electronics, has American interests at heart. Read full article here: Invest in Clean Energy to Strengthen America’s National Security