Accelerating U.S. Clean Energy Deployment Through Investment-Grade Policies

Plummeting prices for wind, solar and storage have made them the cheapest choice for almost all new power projects. And yet, renewables still aren’t growing fast enough to meet our climate goals because financing risk continues holding them back. New Energy Innovation research highlights the biggest financing risks renewable projects face and how public policy can overcome them. Mitigating financing risk can lower renewable energy costs by up to 50 percent while speeding up deployment. Today, the biggest risks arise from local opposition and siting challenges, lack of transmission access, and challenges selling the power generated by a project.

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