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The Energy Gang

What’s next for energy after the US elections?

Nov 11, 2024
Amy Myers Jaffe, a leading energy policy expert, Robbie Orvis, who specializes in energy markets, and Ray Long, CEO of ACORE, discuss the seismic shift in U.S. energy policy after recent elections. They explore how the incoming Republican administration will prioritize affordability over sustainability, potentially reshaping wind, solar, and nuclear energy sectors. The trio analyzes the future of critical initiatives like hydrogen hubs, energy tax credits, and the implications of tariffs on the EV market, all while navigating the intersection of policy, innovation, and market dynamics.
01:19:04

Podcast summary created with Snipd AI

Quick takeaways

  • The new Republican administration plans to prioritize affordability in energy policy, aiming for a 50% price reduction within a year.
  • A significant focus on domestic manufacturing in clean energy technologies is anticipated, bolstered by bipartisan support and the Inflation Reduction Act.

Deep dives

Impact of the Recent Election on Energy Policy

The recent election has resulted in a Republican trifecta, which could significantly alter energy policy in the United States. The new administration is expected to prioritize affordability, aiming to cut energy prices by 50% within a year, although the feasibility of such a promise is debatable. Experts highlight that while some favor a more affordable energy policy, achieving drastic reductions in prices is complex and influenced by numerous external factors, such as global market dynamics and commodity prices. This shift marks a departure from the previous administration's climate-focused policies, bringing forth discussions about energy reliability and national security.

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