How are tariffs and trade policies impacting green energy growth in the US?
Interchange Recharged
Wood Mackenzie
4.8 • 535 Ratings
🗓️ 22 October 2024
⏱️ 31 minutes
🧾️ Download transcript
Summary
Global investment in renewables is projected to surpass US$2 trillion by 2030, with wind, solar and storage projects leading the way. Syliva Martinez, Principal Analyst at Wood Mackenzie is joined by Ray Long, President and CEO at ACORE (American Council On Renewable Energy), to look at how the energy transition is creating jobs, lowering costs and making the U.S. more competitive in the global market. American families are expected to save between US$27 and US$38 billion over the next eight years thanks to clean energy initiatives. However, there are still bottlenecks holding back progress, like transmission gridlock and permitting delays. With bipartisan efforts underway, such as the Manchin-Barrasso permitting bill, Ray explores the impact they’re having, and how the industry is moving toward overcoming the challenges.
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Transcript
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| 0:00.0 | Wood McKenzie's Solar Energy and Storage Summit is back in Denver on the 29th and 30th of April, |
| 0:06.2 | 2026. It's co-located with the brand new North American Power and Renewables Forum, |
| 0:11.9 | which features senior speakers from across the U.S. power sector. Come and join over 450 senior |
| 0:18.2 | leaders from U.S. power developers, utilities, and independent power producers |
| 0:23.3 | to tackle the industry's biggest challenges. From navigating life after tax credits to capturing |
| 0:29.7 | the load growth boom, discover how the energy mix is evolving and how the U.S. is going to meet |
| 0:34.9 | that power demand. Seats are limited, so register now at woodmack.com. |
| 0:39.9 | The Interchange Recharge podcast is brought to you by Anza, |
| 0:43.5 | a revolutionary platform empowering solar and energy storage equipment buyers |
| 0:47.8 | and developers with advanced data and technology. |
| 0:50.7 | With Anza's new solar software subscriptions, |
| 0:53.6 | you can assess your product options |
| 0:55.0 | 90% faster. Access the most current pricing, technical, trade risk, domestic content, and |
| 1:01.9 | counterparty data for over 110 solar module options and redirect your time to higher value work. |
| 1:08.6 | Gain the tools to increase confidence in your procurement and development |
| 1:11.5 | decisions and improve your project profit with ANSA. Learn more at go.ansurrenewables.com |
| 1:17.4 | slash woodmac. Manufacturing of solar components is a very complex process. In the early 2010s, |
| 1:25.8 | the U.S. was a leader in the space, but then China took over and became the super leader across the globe. |
| 1:32.3 | However, manufacturing tax credits in the IRA have spurred a wave of factory announcements. |
| 1:38.3 | But are we really observing the renaissance of solar manufacturing in the US? |
| 1:43.3 | Welcome to the Interchange. |
| 1:48.8 | Hello everyone, welcome to the Interchange. |
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