New Energy Keys For 2023

Four Big Things to Expect in Clean Energy in 2023; From Vineyard Wind to the Chevrolet Silverado EV and much more, here’s what we’ll be watching for in the new year. Plus, the secret that explains the price of the cheapest Tesla.

Dan Gearino, January 5., 2023 (Inside Climate News)

“…[Things to watch in 2023 start with] the first of a new generation of gigantic offshore wind farms…Vineyard Wind 1 off of Massachusetts, with 800 megawatts, and South Fork Wind off of New York, with 132 megawatts, are both under construction…Another 5,400 or so megawatts…are on track to finalize financing or begin construction in 2023…Prospects for the sector are high, but rising costs have hit some projects and there may be further growing pains as the U.S. scales up its domestic supply chain…

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…[There is] rapid growth in EV sales…In 2022, automakers sold 576,408 EVs in the first three quarters, despite severe constraints…[and 2023 could see] 1 million units sold…[Big sellers could be the Ford F-150 Lightning pickup,] the Chevrolet Silverado EV, the Tesla Cybertruck, the Hyundai Ioniq 6 and the Nissan Ariya…In the 2022 elections, Democrats gained control of the governor’s office and both chambers of the legislature in four states: Maryland, Massachusetts, Michigan and Minnesota…[Michigan and Minnesota may pass] climate and clean energy legislation that is more substantial than anything passed in those states before, but still not as far-reaching as what we could see in Maryland and Massachusetts…

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…[The Inflation Reduction Act has about $370 billion of tax credits and incentives for renewable energy and EVs…[but] federal agencies need to finalize rules and Congress needs to take additional actions to allow the spending. The latter is likely to be a challenge as Republicans now have a narrow, and chaotic, majority in the House…” click here for more

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