NREL projects renewable generation could approach 70% by 2035

A National Renewable Energy Laboratory (NREL) study projects that solar and wind generation combined would approach 70% by 2035, in a lowest-cost grid.

Inflation Reduction Act (IRA) incentives will drive an increased pace of renewable deployment, NREL projects, as shown by the black line at the top of the nearby image. Other lines in the image show NREL’s projections from prior years, when there were no IRA incentives.

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