Potential Impacts of the Inflation Reduction Act on Domestic Manufacturing and Deployment for Land-Based Wind Turbines

Research output: NRELTechnical Report

Abstract

The land-based wind energy industry in the United States has matured over the past several decades, representing 10% of the country's total electricity generation in 2022. It has experienced periods of rapid growth and decline in recent years, in large part because of supply chain disruptions at a global and domestic level. With the recent passing of the 2022 Inflation Reduction Act, the industry faces unprecedented opportunities to strengthen domestic manufacturing and enable greater deployment over the next decade. To better understand the opportunities and challenges, the authors explore the value of relevant IRA provisions and provide a set of scenarios evaluating impacts on domestic component demand and manufacturing.
Original languageAmerican English
Number of pages62
DOIs
StatePublished - 2024

NREL Publication Number

  • NREL/TP-5000-87300

Keywords

  • 45X
  • advanced manufacturing tax credit
  • domestic content bonus
  • domestic manufacturing
  • Inflation Reduction Act
  • manufactured product
  • onshore wind
  • production tax credit
  • requirement
  • steel/ion construction
  • Treasury guidance

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