Biden Admin Identifies Key Areas in Clean Energy Acceleration Roadmap

The Department of Energy (DOE) has pinpointed three targeted areas in its clean energy technologies roadmap.

President Biden’s ambitious climate goals require cutting emissions by half by 2030 and attaining net-zero emissions by 2050. In a set of “Pathways to Commercial Liftoff” reports issued on March 21, the Biden administration listed clean hydrogen, long-duration energy storage, and advanced nuclear as the critical technologies to achieve these emission reduction targets.

In order to meet Biden’s net-zero emission goal, each area requires consistent investments. The main obstacle to clean hydrogen is infrastructure expansion and demand uncertainty, while that for long-duration energy storage is cost reduction. The key factor in developing more advanced nuclear power is to create long-term, high-paying employment opportunities for traditional energy-producing communities, such as those that produce coal.

Biden’s administration will need hundreds of millions of investments in the listed areas to reach net-zero emissions by 2050.

“To stay on track to realize long-term decarbonization targets, cumulative investments must rise to approximately $300 billion across the hydrogen, nuclear, and long duration energy storage sectors, with continued acceleration until 2050,” the DOE said in a press release.

The DOE is committed to driving up Government-Industry partnership to ensure that the United States becomes the global leader in clean energy technologies, according to Energy Secretary Jennifer Granholm.

“What we want to do is ensure that we’re looking at all technologies that can be effective in realizing the President’s ambitious climate goals, and explain how we can drive commercialization for these critical technologies,” said Vanessa Chan, the DOE chief commercialization officer, in a webinar presenting the new liftoff reports.

The Experts Claim that Biden’s Energy Plan is a Dangerous Delusion

During his State of the Union speech in February, President Joe Biden stated that he would “finish the job” of the “incredible transition” to wind and solar energy from fossil fuels.

Biden referred to $370 billion in new government spending dedicated to renewable energy investment, termed as the “Inflation Reduction Act,” which would result in “lowering utility bills, creating American jobs, and leading the world to a clean energy future.”