Jeff St. John of Canary Media reports on the clean energy backlog.
- While investors and companies are embracing clean energy, regulatory bottlenecks have prevented these power sources from reaching the grid.
- As of December 2023 there were more than 2,600 gigawatts worth of clean power projects undergoing the lengthy and onerous permitting process to connect to the grid (which takes years to complete).
- To alleviate the bottlenecks, the U.S. must pass meaningful reforms to the permitting process to make it easier to build transmission lines and all other energy projects.
T”o get a better sense of how much clean energy and battery capacity might be ready to meet grid needs in the near future, LBNL’s report examined where projects stood in terms of timing and status. Rand noted that nearly half the projects now in interconnection queues have proposed to come online by the end of 2026, adding up to nearly 1,300 gigawatts of capacity — an amount equivalent to the entire existing U.S. grid.”
Read more here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
