Implementing the Inflation Reduction Act: What We Expect and How We Might Get There
This presentation summarizes findings from three related studies: Evaluating Impacts of the Inflation Reduction Act and Bipartisan Infrastructure Law on the U.S. Power System; The Roles and Impacts of PV-Battery Hybrids in a Decarbonized U.S. Electricity Supply; and Optimal Design and Deployment of Wind-Solar Hybrids in Low-Carbon U.S. Power System. The compilation of results from these three studies indicate that the Inflation Reduction Act could drive significant deployment of variable renewable energy technologies, but the level of deployment depends on our ability to build new transmission projects (among other factors). Hybrid systems can help, to an extent, to facilitate greater shares of wind/solar with lesser amounts of transmission expansion.