Are the Administration's Steps Toward Solar Generation the Correct Ones?

July 5, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Last month, the Biden administration invoked a segment of the Tariff Act of 1930 to declare an emergency regarding the availability of electricity generation to meet customer demand. In this case, the declaration addressed the lack of panels available for the solar photovoltaic (PV) sector. The implementation of this act allows a 24-month break on tariffs for panels being imported from Malaysia, Thailand, Vietnam and Cambodia. The Biden administration also has been taking steps to increase domestic production of critical items in the renewable energy sector. One step is the use of the Defense Production Act (DPA), which also pushes for federal purchasing agencies to target domestic products when looking for contracts involving several energy sectors. But for sure, renewable energy is a major target. For related information, see June 9, 2022, article - U.S. Invokes Korean War-Era Law to Boost Clean Energy.