1) Congress signals continued commitment to clean energy through expanded fiscal and tax investments.
- The budget for fiscal year 2020 saw increased funding for clean energy programs at Department of Energy, the Environmental Protection Agency, rural energy programs and international cooperation on climate change.
- Congress also enacted a short-term extension of several clean energy tax credits, but more is needed. See BCSE statement on the 2019 end-of-year legislation.
2) States continue to take the lead on clean energy.
- New York and California are proving to be test cases and first adopters for broad deployment. Minnesota, as well as Mid-Atlantic and Northeast states, including Virginia, Maryland, Pennsylvania and others, are implementing policies and plans that will need the technologies and experience of BCSE member companies.
3) Resilience planning matters.
- With rising incidences of natural disasters and rising costs of rebuilding, states and localities are turning towards clean energy solutions to enhance their resilience and reliability. The BCSE co-hosted Readiness for Resilience workshops held in Texas (July) where BCSE clean energy solutions were profiled as smart pre-disaster investments.
4) The U.S. private sector is leading the way on climate action.
- BCSE members joined cities, states and other institutions to step-up and to lead U.S. climate action efforts at the UN Climate Action Summit in New York City, NY(September) and at the COP 25 in Madrid, Spain (December).
5) Technology innovation is strengthening the American portfolio of existing clean energy solutions.
- The market is always changing –guided by clear policy signals and continued investment in research, development & deployment that support clean energy. 2019 saw continued innovation in clean energy solutions – in energy storage, hydrogen and renewable natural gas and the emergence of technology trends that include a more integrated systems approach, digitalization of solutions and more.
Wondering what’s next? See our follow-up post on Clean Energy Questions for 2020.