2025 National Energy Study Finds Strong Public Support Across Renewable and Traditional Energy Sources
A new National Energy Study released August 27 shows that Americans broadly support development of both renewable energy and natural gas, with solar (84%), natural gas (82%), and land-based wind (75%) among the highest-rated sources[1]. Support for emerging technologies like hydrogen and battery storage has grown, indicating a consensus for diversified energy expansion across the political spectrum[1].
Global Renewable Energy Investment Hits Record $386 Billion in First Half of 2025
Global investment in new renewable energy projects reached a record $386 billion in H1 2025, up 10% from the previous year, driven by offshore wind and small-scale solar[2]. However, asset finance for utility-scale solar and onshore wind fell 13% compared to H1 2024, as investors responded to curtailment risks and market price uncertainties in key regions[2].
IRS Issues Stricter Guidance and Deadlines for Wind and Solar Energy Tax Credits
On August 15, updated IRS rules imposed stricter criteria for wind and solar projects to qualify for federal tax credits, following the One Big Beautiful Bill Act’s (OBBBA) phase-out provisions[6]. Facilities must now begin construction before July 5, 2026, and be placed in service by December 31, 2027, or risk losing eligibility for the clean electricity credits, adding urgency for project developers[6].
U.S. Battery Storage Capacity Booms as Solar and Wind Installation Growth Slows
Battery energy storage systems are set to grow by 68% in the U.S. during 2025, helping offset a slowdown in new solar and wind installations driven by changing federal policy and tax credit restrictions[3]. This rapid storage expansion is seen as essential for grid reliability and integrating renewables amid record electricity demand[3].
Battery Energy Storage Systems Viewed as Key to Bridging Renewable Power Supply-Demand Gaps
Industry analysis highlights battery energy storage systems (BESS) as vital for balancing supply and demand, enabling real-time grid flexibility and supporting higher shares