Demand for clean energy technologies such as solar panels, heat pumps, and electrolyzers for hydrogen has increased significantly as the costs of these technologies have declined dramatically over the last ten years. That’s why the President invoked the DPA for them specifically. According to the Department of Energy (DOE), as the world transitions to a clean energy economy, global demand for these essential products and components is set to skyrocket by 400-600 percent over the next several decades.
Unless the U.S. expands new manufacturing, processing, and installation capacity, America will continue to rely on clean energy imports — exposing the nation to supply chain vulnerabilities, while simultaneously missing out on the enormous job opportunities associated with the clean energy transition.
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