Full Title: Advanced Clean Energy Infrastructure: Effects of the Draft Energy Infrastructure Act
Author(s): Daniel Shawhan, Kathryne Cleary
Publisher(s): Resources for the Future
Publication Date: July 14, 2021
Full Text: Download Resource
Description (excerpt):
Advanced energy technologies have received growing attention in recent years as nations look to decarbonize power sectors and drive dramatic emissions reductions goals. These low-, no-, and negative-carbon options may undergird power sector decarbonization, but they are more likely to be able to function at scale and in a cost competitive manner if they receive funding to support additional research, development, and demonstration (RD&D). The Energy Infrastructure Act, proposed by West Virginia Senator Joe Manchin, would appropriate funding for advanced nuclear, geothermal, diurnal storage, and carbon capture technology RD&D. The legislation would also appropriate funding for electricity transmission investment and for continued operation of existing nuclear power plants.