Biden Presidency Promises Change for Power Industry
The post Biden Presidency Promises Change for Power Industry appeared first on POWER Magazine.
As we get closer to the presidential inauguration, and with President-elect Biden’s announcement of his Cabinet picks for the Department of Energy (DOE), Environmental Protection Agency (EPA), and the Department of the Interior (Interior), we begin the inevitable hypothesizing about which “Day 1 actions” will be taken, which actions will be among the administration’s “100 Day actions,” and what priorities will bleed into 2022 or beyond.
COMMENTARY
President-elect Biden has put forth a sweeping platform during the campaign, a platform that if accomplished would completely transform the U.S. energy system within the next several decades by putting the country on a path to achieve net-zero emissions, economy-wide, by 2050, and to generate electricity from renewable sources in order to achieve a carbon pollution-free power sector by 2035. To achieve these goals, substantial technological advancement is required, including significant changes to the power generation, transmission, and distribution systems.…
