01/20/2023
Posted by: Windfair Editors
Wood Mackenzie: IRA set to "reshape US renewables supply chain"
Official Press Release Wood Mackenzie:
US climate bill to boost domestic annual renewables investment to nearly US$114 billion by 2031
Wind Industry Profile of
The IRA set to reshape US renewables supply chain
The Inflation Reduction Act (IRA), flagship legislation focused on accelerating decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. A rise from US$64 billion in 2022 to nearly US$114 billion is expected by 2031, according to Wood Mackenzie, a Verisk business (Nasdaq: VRSK). Wood Mackenzie’s latest report, ‘Boom time: what the Inflation Reduction Act (Act) means for US renewables manufacturers’, provides an initial assessment of how the Act will greatly support the expansion of US renewables... ... More: Official Press Release Wood Mackenzie
- Keywords:
- Wood Mackenzie, analysis, USA, IRA, Inflation Reduction Act, onshore, offshore, solar, renewable energy, supply chain, OEM, AMPC, investment
