The renewable surge partially reflects former President Joe Biden’s efforts to boost wind and solar generation, with a wave of projects that began under Biden coming online after he left office. But it also underscores the sector’s continued resilience in the face of attacks from Trump, who has ended tax credits for renewable projects, sought to restrict their development on public land and boosted fossil fuels like coal.
The low cost and relative ease of building solar, in particular, has somewhat insulated the renewable industry from the policy headwinds in Washington.
“If you’re a utility, and you need to build generation and you want to build generation, you’re going to build what’s fast and cheap. Solar is fast and cheap,” said Nora Brownell, a former Pennsylvania utility regulator who also served on the Federal Energy Regulatory Commission. “I think they are making business decisions.”
https://www.eenews.net/
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