President Biden has invoked the Defense Production Act to accelerate the domestic production of clean energy technologies.President Biden this week invoked the Defense Production Act to kick the domestic manufacturing of products and components needed to move the clean energy transition forward more rapidly. Here’s the overview from the— Solar photovoltaic energy is the largest source of new U.S.
While U.S. insulation production is currently sufficient to cover new construction and some retrofits, we must also rapidly insulate older buildings to further reduce energy demand. President Biden’s actions will help expand insulation manufacturing to meet this need.— Electrolyzers, fuel cells, and platinum group metal catalysts are vital for increasing domestic production and utilization of clean hydrogen, a versatile energy carrier.
“Biden’s order isn’t precisely what we’d called for, since the heat pumps are destined for U.S. homes instead of European ones — but that may well be more politically palatable, and in any event, as we’ve pointed out over and over, oil is a global market. If we can suppress demand here by giving people efficient technology, it will help drive down the windfall that rising oil prices have provided Putin.
PV, grid components, heat pumps, insulation, electrolyzers. No wind power included?
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