Analysis: US grid could be 90 percent carbon-free by 2030 with IRA tax credits

Read the full story at The Hill.

Under the provisions of the Inflation Reduction Act, the American electrical grid could achieve up to 90 percent of its electricity without carbon emissions by 2030, according to an analysis published Wednesday by the National Renewable Energy Laboratory (NREL).

The combination of the Inflation Reduction Act and the 2021 bipartisan infrastructure law could increase the share of clean electricity from 41 percent in 2022 to between 71 percent and 90 percent by 2030, the report found. Researchers analyzed a broad range of scenarios, accounting for unknown quantities such as future fuel prices and technology costs.