The OurEnergyLibrary aggregates and indexes publicly available fact sheets, journal articles, reports, studies, and other publications on U.S. energy topics. It is updated every week to include the most recent energy resources from academia, government, industry, non-profits, think tanks, and trade associations. Suggest a resource by emailing us at info@ourenergypolicy.org.
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Federal clean energy tax credits in the Inflation Reduction Act (IRA) are transforming the United States economy, already generating nearly $250 billion in project announcements that could create more than 140,000 new jobs. Prior modeling by Energy Innovation showed IRA tax credits could increase U.S. GDP up to $200 billion and create up to 1.3 million jobs nationally by 2030.
Energy Innovation used the Energy Policy Simulator to study potential state-level benefits from the IRA on economic growth, jobs, and public health in the 48 contiguous states. This analysis focuses on clean electricity and clean vehicle tax credits, given their …
View Full ResourceFederal clean energy tax credits in the Inflation Reduction Act (IRA) are transforming the United States economy, already generating nearly $250 billion in project announcements that could create more than 140,000 new jobs. Prior modeling by Energy Innovation showed IRA tax credits could increase U.S. GDP up to $200 billion and create up to 1.3 million jobs nationally by 2030.
Energy Innovation used the Energy Policy Simulator to study potential state-level benefits from the IRA on economic growth, jobs, and public health in the 48 contiguous states. This analysis focuses on clean electricity and clean vehicle tax credits, given their …
View Full ResourceEIA’s Annual Energy Outlook 2023 (AEO2023) explores long-term energy trends in the United States. Since last year’s AEO, much has changed, most notably the passage of the Inflation Reduction Act (IRA), Public Law 117-169, which altered the policy landscape we use to develop our projections. We project that U.S. energy-related CO2 emissions drop 25% to 38% below the 2005 level by 2030. For reference, the United States’ nationally determined contribution (NDC), submitted as part of the Paris Agreement, calls for a target of 50% to 52% of net greenhouse gas emissions below the 2005 level by 2030. We only consider …
View Full ResourceThis event summary highlights key comments made by industry experts at an OEP webinar in March 2023. Featuring panelists from the Energy Choice Coalition, Edison Electric Institute, and C3 Solutions in a discussion on competition in energy markets and issues of cost, reliability and resiliency.…
View Full ResourceThe Factbook aims to augment existing sources of information on US energy. It focuses on renewables, efficiency, natural gas,
distributed power and storage, as well as sustainable transportation. It fills important data gaps in certain areas (e.g., clean energy investment flows, contribution of distributed energy). It contains data through the end of 2022 wherever possible. It employs BloombergNEF data in most cases, augmented by the Energy Information Administration, the Environmental Protection Agency, the Federal Energy Regulatory Commission, The American Council for an Energy-Efficient Economy, Lawrence Berkeley National Laboratory, and other sources where necessary. It contains the very latest information on …
Almost 400,000 Maryland households pay more than six percent of their income on home energy bills. These high energy cost burdens often force individuals and families to make impossible choices between paying utility bills and other essentials such as rent or medicine. Over the next twenty-five years, energy costs will likely increase as utilities invest billions to replace natural gas infrastructure under the 2013 Strategic Infrastructure Development and Enhancement (STRIDE) law. Yet whether these investments will serve their useful life remains unclear, as state climate policy requires a dramatic shift away from fossil fuels, creating a serious risk of stranded …
View Full ResourceThis report examined state energy equity actions from January 2020 to July 2022. Lawrence Berkeley National Laboratory and Pacific Northwest National Laboratory partnered with E9 Insight to screen executive, legislative, and regulatory actions focusing on energy equity. A total of 95 actions were identified across 22 states and Washington, DC. Energy equity was most associated with resource planning, decarbonization, and energy efficiency regulatory focus areas. States tended to focus on distributive and procedural justice tenets over recognition and restorative justice tenets. The review also suggested that energy equity metrics are in nascent stages; most outcomes identified in equity actions did …
View Full ResourceGlobal investment in energy transition technologies, including energy efficiency, reached a record high of USD 1.3 trillion in 2022. However, annual investments need to at least quadruple to remain on track to achieve the 1.5°C Scenario in IRENA’s World Energy Transitions Outlook 2022. Investment in renewable energy was also unprecedented – at USD 0.5 trillion – but represented less than 40% of the average investment needed each year. Investments are also not flowing at the pace or scale needed to accelerate progress towards universal energy access; investments in off-grid renewable energy solutions in 2021 – at USD 0.5 billion – …
View Full ResourceNew homes provide a ready option for states hoping to reduce energy use, as evidenced by the steady increase in energy efficiency requirements in new home building codes. A less common approach is to specifically encourage or require new homes to produce their own carbon-free energy, through the installation of a solar energy system. Adopting these practices nationwide might significantly reduce new home energy use, but the drivers of the new solar home market have not been well studied. Partly filling this gap, this report looks at historical deployment trends of solar on over 500,000 new homes built through 2020 …
View Full ResourceThis annual Energy Transition Outlook (ETO), now in its 6th edition, presents the results from our independent model of the world’s energy system. It covers the period through to 2050 and forecasts the energy transition globally and in 10 world regions.
In the next 30 years, global energy demand will level off even as the global economy grows. This historic decoupling is due to the dramatic effect of efficiency gains, largely enabled by accelerated electrification, that will outpace economic growth in the coming years.…
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