In the nine months since the Inflation Reduction Act was signed into law, $28 billion in new manufacturing investments have been unveiled. Credit Suisse expects the IRA to support $1.7 trillion in new US manufacturing in a decade.
Shalini Ramanathan of Quinbrook Infrastructure Partners is watching the space, excited about that industrial growth. She’s also eager to see a whole new category of customers – because this green industrial strategy needs new green electrons and molecules to run it.
The wave of planned build-outs in US manufacturing is setting the stage for a new class of renewables designed to run those plants. And it could shift how and where projects get built.
“This could really reshape our landscape,” explains Shalini. “We're all asking the question: now that we have low-cost, green power, what other sectors can we decarbonize?
This week, a secondary impact of America's green manufacturing strategy: a coming boom in projects to meet that new industrial demand. We'll ask how renewables, batteries, and hydrogen could meet the moment.
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