This article offers an outlook about renewable energy for 2023 and its potential for increased market share.
What Brought Us to This Hope-Filled Space for Renewable Energy for 2023?US renewable generation and capacity rose, accounting for over 23% of electricity generated from January through August, 2022, up from about 21% in the same period of 2021.
The Inflation Reduction Act extended and expanded tax credits for renewables, electric vehicles, stand-alone storage, green hydrogen, clean energy manufactured components, and more. Regional transmission organizations submitted initial plans for distributed energy resources to participate in wholesale markets under Federal Energy Regulatory Commission Order 2222.
Does the company you work for have plans to build renewable energy projects in low-income communities or to help low-income clients procure renewable energy? Graphic from DeloitteOne sign that the renewable energy industry is maturing is that it’s increasingly the target of cyberattacks, according to Deloitte. Cyber threats are expected to rise in 2023 and beyond as the clean energy transition progresses, focusing on both utility scale and distributed renewable energy resources.
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