Renewable energy has historically been considered too expensive and too unreliable to power our grid, but new research has overturned that trope for good. Plummeting wind, solar, and storage prices have fallen so fast that the United States can reach 90% clean electricity by 2035 – without raising customer costs at all from today’s levels, and actually decreasing wholesale power costs 10%.
Building a 90% clean electricity system by 2035 would catalyze massive economic growth that helps pull the U.S. out of the COVID-19 recession by supporting more than a half million new net jobs per year, injecting $1.7 trillion into the economy, and recharging domestic manufacturing. Technology-neutral policies can reach a 90% clean power system, help energy developers and investors prosper, and pave the way for technologies of the future.