U.S. Carbon-Free Power Plan Is Ambitious

Wind Industry Profile of

Following President Biden’s moves to implement new climate policies upon taking office yesterday, Will Scargill, Managing Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the targets set out for decarbonizing the power sector:

“Biden’s target of a carbon-free power sector by 2035 is extremely ambitious and would require a massive acceleration in investment in renewable power generation and energy storage solutions. “GlobalData’s current outlook for the US power sector sees renewables continuing to achieve rapid growth, increasing their share of total generation from around 20% currently to over 35% by 2035, driven by solar and wind. Fossil fuels, which represent around 60% of generation today, are... ... More: Official Press Release GlobalData

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GlobalData, Joe Biden, USA, President, climate politics, office, Paris Agreement, energy, power, renewable energy, carbon free