IRA effect: US-made components cheaper than imports, LCOE to fall and wages to rise
IRA effect: US-made components cheaper than imports, LCOE to fall and wages to rise | Windpower Monthly
IRA effect: US-made components cheaper than imports, LCOE to fall and wages to rise
For the first time in US history, using domestically made wind components will be cheaper than using imported ones, according to a new report.
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Related Knowledge Center: ENERGY BASICS: energy efficiency
The energy price spikes of the 1970s drove consumers, businesses and government to calculate opportunities for energy efficiency — investments, practices, and regulations to avoid some of the energy costs associated with particular products or services. Those calculations ran counter to a lot of engrained practices, and the friction between business and government is a feature of energy and environment policy discussions. Now, energy efficiency decisions — whether involving building practices, appliance efficiency, or vehicle mileage and emissions standards — are a complex mix of government regulation and market behavior.