How clean energy economics can benefit from the biggest climate law in US history

For mature technologies, such as wind and solar, these incentives have the potential to supercharge an already-rapid pace of development. In our analysis, we estimate that the solar and wind LCOEs in 2030 with the IRA will be lower than those without it by 20%-35% and 38%-49%, respectively. However, despite the economic incentives, the IRA may encounter other development challenges facing renewable energy projects.

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