德勤：2023年可再生能源行业展望_13页_1mb

2023 Renewable Energy Industry Outlook Summary

• Introduction: Renewable energy growth in the US is expected to accelerate in 2023, driven by strong demand, supportive policies like the Inflation Reduction Act (IRA), and competitive costs, despite headwinds from supply chain issues and interconnection delays from 2022.

• Key Growth Drivers:

  • Cost Competitiveness: Wind and solar remain the cheapest energy sources in most areas, supported by rising fuel costs.
  • Federal Policies: IRA extends tax credits for wind and solar projects up to 2032, aiming for 525-550 GW of new clean power by 2030.
  • State and Corporate Actions: 22 states target 100% renewable electricity by 2040-2050; corporate procurement added over 11 GW in 2021, set to exceed in 2022.
  • Residential Demand: Solar demand grew 35% year-over-year in H1 2022 due to high electricity prices and outages.

• Major Trends and Challenges:

  • Domestic Manufacturing: IRA incentives spur investment and production, but supply chain constraints may ease in 3-5 years; key tax credits support clean energy components.
  • Decarbonized Fuel (Clean Hydrogen): IRA tax credits make green hydrogen competitive with gray hydrogen in many areas; opportunities include electrolyzer placement and grid balance.
  • Energy Equity: Environmental Justice provisions under Justice40 Initiative aim to benefit low-income communities, with programs like community solar growing in these areas.
  • Cybersecurity: Rising threats target renewable resources; industry is staffi
    ng up cybersecurity departments to address evolving risks.
  • Offshore Wind: Development pipeline exceeds 40 GW; challenges include financing, grid upgrades, and port infrastructure to unlock rapid growth.

• Conclusion: Growth is strong despite obstacles, with renewable energy focusing on managing risks like cybersecurity, but supply chain snarls and transmission limitations may persist until 2024. Overall, policy support and demand create a positive outlook, with potential for faster growth in 2024.