Navigating the 2024 U.S. Election: Impacts on Solar and Energy Storage Policies
The 2024 U.S. election brings complex, nuanced and uncertain implications for policies affecting solar and battery storage. There are many potential policy changes on the horizon; some are more likely than others, while some are more consequential than others. To help manage the uncertainty, CEA’s experts have developed scenarios for a range of outcomes.
Key risks identified by CEA include expansion of UFLPA, higher tariffs on Chinese goods, and potential changes to the foundational tax credits for solar and energy storage deployment.
Understanding which branch of government controls specific policies is critical. Factors such as the leadership of the U.S. Senate, differing priorities within the Republican Party, and the margin of partisan control in the U.S. House may be determining factors for some of these policies.
In this Energy Storage webinar, Senior Policy Analyst Christian Roselund and Director of Energy Storage Market Intelligence Dan Finn-Foley discuss key considerations for a range of policy outcomes. They cover policy details, specific market impacts, and provide an overview of mitigation strategies to manage risk.
Energy Storage webinar content:
Which campaign promises can be acted on as president, and which require cooperation from Congress
The clean energy supply chains at greatest risk of tariffs or other trade barriers
The current balance of power in the U.S. Congress regarding support for key incentives
Potential timing of key policy changes