The newly elect US President Joe Biden has set a target of reaching net-zero carbon emissions by 2050 to mitigate climate change, protect human health, and revitalise the economy.
Verdict has conducted a poll to assess if Biden will be able to meet the decarbonisation targets for the US power sector.
While 36% of the respondents opined that Biden will not be able to meet the decarbonisation targets for the US power sector, 35% believe Biden will be able to meet them.
The remaining 29% of the respondents were not aware if Biden will be able to meet the decarbonisation targets.
The analysis is based on 239 responses received from the readers of Power Technology, a Verdict network site, between 18 November 2020 and 17 March 2021.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataBiden administration’s decarbonisation targets for the US
Joe Biden’s administration aims to invest $1.7tn in clean energy and jobs in its effort to reach the decarbonisation targets set for 2050. The president is targeting emission-free electricity generation by 2035, which will catapult decarbonisation plans for multiple utilities and a 100% clean energy economy.
Decarbonising the power sector, however, will require several measures to be implemented, including continued replacement of high-emission sources such as coal plants with low-emission sources, and enhancing grid flexibility and storage solutions, according to Biden’s administration. Further, carbon capture, utilisation and storage (CCUS) solutions on remaining fossil fuel-based energy generation sources will need to be implemented.
The government’s initiative will focus on economical and game-changing technologies to support its 100% clean energy target. Grid-scale storage, modular nuclear reactors, zero net energy buildings, and carbon capture solutions are some of the ways in which the clean energy target is planned to be achieved.