Investments in renewable energy resources across the U.S. continue to grow, supported by increased federal funding, legislation that improves project economics, and growing demand for cleaner energy.
Deloitte, which provides insights and solutions for several industries including the energy sector, on Dec. 5 released its industry outlook for 2024 for renewable energy in the U.S., highlighting opportunities for growth in the clean energy sector while also noting continued challenges for renewable deployment. The group said measures such as the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA) have supported renewable energy while also bringing new issues.