At the Department of Energy, we are working to make the largest investment in clean energy in US history. With President Biden’s Clean Energy Plan, the US 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 gaining access to new savings, new jobs, and new opportunities to be part of our sustainable future.
Here are some of the Biden-Harris administration’s accomplishments and investments in renewable energy to date:
Batteries are a renewable energy source that is critical to the clean energy transition. The Biden-Harris administration seeks to capitalize on their versatility by making them more accessible and accessible to Americans.
To date, $85 billion has been invested in the new battery manufacturing and supply chain in the US, including 111 new and expanded processing and manufacturing facilities—enough energy to power 10 million electric vehicles a year. Through 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, powering heating, cooling and lighting technologies and systems. The increasing availability of solar power means that more and more communities can make simple upgrades using renewable energy sources.
Since President Biden took office, almost $5 billion has been announced in solar power generation, including 47 manufacturing plants. In total, these investments are enough to provide electricity to 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 power systems has plummeted as 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 series of coordinated efforts to develop new floating offshore wind platforms. This will put the United States at the forefront of this technology and create thousands of high-paying jobs.
The administration has set an ambitious goal of deploying 30 gigawatts of offshore wind power by 2030, enough to power 10 million homes, support 77,000 jobs, and spur investment across the supply chain.
The Department of Energy, as part of President Biden’s Clean Energy Plan, supported the initiative with nearly $50 million in funding for research, development, and demonstrations.
Today, nuclear power provides almost 50% of the United States’ carbon-free electricity. However, the recent closure of nuclear reactors in various countries has led to a reduction in the use of this energy source and contributed to an increase in carbon emissions.
President Biden recognizes the importance of nuclear energy and its conservation to our nation. That’s why the administration is giving millions of dollars to support nuclear power facilities.
For example, under the Department of Energy’s Civilian Nuclear Power Loan Program, the Biden-Harris administration provided $6 billion to ensure that the Diablo Canyon power plant continues to operate safely, providing Americans with electricity and jobs.
The Biden-Harris Administration recognizes the contribution of our country’s fleet of nuclear reactors to providing reliable and clean energy to millions of households. The country’s current fleet of nuclear power plants is vital to achieving national goals of a carbon-neutral electricity sector by 2035 and a net-zero economy by 2050.
These are just a few of President Biden’s and America’s advances in renewable energy. With continued effort and passion, the future of clean energy is no longer just a possibility. It becomes reality.
Learn more about the future of clean energy at energy.gov/clean-energy.