By Diana DiGangi of UtilityDive
Aspects of the Trump administration’s energy policy - such as the rollback of Inflation Reduction Act tax credits, the introduction of new tariffs and offshore wind lease buybacks - could cause the U.S to lose between 390 GW and 540 GW of new wind, solar and energy storage capacity over the next decade, according to projections from the Natural Resources Defense Council.
“Crucially, these lost projects are not actually replaced with other sources of new power,” the NRDC said in a Wednesday report. “At most, only 9 GW of additional gas capacity is added with Trump’s policies in place.”
The report cited near-term supply chain bottlenecks for gas turbines, volatile fuel prices, “and the general cost-competitiveness of new renewables relative to gas” as reasons for the NRDC’s low estimate for new additional gas investment.
An August report from Global Energy Monitor counts 189 GW of
