At the Department of Energy, we’re working to implement the largest clean energy investments in U.S. history. Thanks to President Biden’s clean energy plan, the U.S. is poised to invest more than half a trillion dollars in clean energy and climate action over the next decade.
Through these efforts, Americans are accessing new savings, new jobs, and new opportunities to be a part of our sustainable future.
Here are some of the Biden-Harris Administration’s renewable energy advancements and investments to date:
Batteries are a renewable energy source that are critical to the clean energy transition. The Biden-Harris Administration seeks to draw on their versatility by making them more accessible and affordable for Americans.
To date, there have been $85 billion dollars of new U.S. battery manufacturing and supply chain investments under, including 111 new and expanded processing and manufacturing plants — enough energy to power 10 million electric vehicles each year. Thanks to these efforts, Americans will now have access to thousands of new jobs in this sector of the clean energy economy.
Solar energy powers millions of homes and workplaces across the United States by driving heating, cooling, and lighting technologies and systems. Increasing the affordability of solar energy means that more and more communities can make simple, renewable energy upgrades.
Since President Biden took office, nearly $5 billion in solar manufacturing investments have been announced, including 47 manufacturing plants. Altogether, these investments are enough to power an additional 7 million homes per year.
Solar energy is the fastest growing and most affordable source of new electricity in America. The cost of solar energy systems has fallen dramatically, more Americans and businesses have taken advantage of clean energy.
President Biden is also committed to advancing wind energy research and development. The Administration has initiated a number of coordinated actions to develop new floating offshore wind platforms. This will place the United States at the forefront of this technology and generate thousands of good-paying jobs.
The Administration has set an ambitious goal of deploying 30 gigawatts of offshore wind by 2030, enough to power 10 million homes, support 77,000 jobs, and spur investment across the supply chain.
The Department of Energy, through President Biden’s clean energy plan, has supported this initiative with nearly $50 million in research, development and demonstration funding.
Today, nuclear energy provides nearly 50% of the United States’ carbon free electricity. However, recent closures of nuclear reactors across the nations have diminished use of this energy source and contributed to increased carbon emissions.
President Biden recognizes the importance of nuclear energy and its preservation for our nation. That’s why the Administration is providing millions of dollars to support nuclear energy facilities.
For example, through the Department of Energy’s Civil Nuclear Credit Program, the Biden-Harris Administration allocated $6 billion to ensure that Diablo Canyon Power Plant continues operating safely to provide Americans power and jobs.
The Biden-Harris Administration recognizes the contributions of our nation’s existing nuclear reactor fleet in providing reliable, clean power to millions of households. The nation’s current fleet of nuclear power plants is vital to achieving the nation’s goals of a carbon pollution-free electricity sector by 2035 and net-zero emissions economy-wide by 2050.
These are just some of President Biden’s and America’s renewable energy advancements. With continued efforts and enthusiasm, the clean energy future is no longer just a possibility. It’s becoming reality.
Learn more about the future of clean energy at energy.gov/clean-energy.