The U.S. government is promoting six major projects to expand renewable energy under the Inflation Reduction Act. The overall investment amount is 20 million dollars (about 27 billion won).
The U.S. Department of Energy (DoE) announced on the tenth (local time) that it is going to invest $11.6 million (about 15.5 billion won) to enhance the planning, site selection, and permitting processes for large-scale renewable energy facilities.
As well as, an agricultural solar energy competition with a prize pool of $8.2 million (about 11 billion won) is being held. The intention is to develop a pilot program that mixes solar energy plants with cattle ranches and to present a brand new model for coexistence of agricultural and livestock industries and renewable energy. Particularly, the US is thought to have many pastures suitable for solar energy generation.
Six states—Colorado, Georgia, Idaho, Oklahoma, Pennsylvania, and Washington—will receive between $1.8 million and $1.96 million each to implement renewable energy and energy storage projects. Each state will work with communities to enhance planning and permitting processes and receive technical assistance, tailored to local needs.
We may even be running the ‘R-Step’ program in cooperation with 13 states to supply technical assistance for planning and approving renewable energy.
“This is predicted to contribute significantly to the rapid expansion of renewable energy and the achievement of fresh energy goals across the US,” the DoE said.
Reporter Jaeseung Lee energy@aiitmes.com
