Dear Friends and Colleagues,
Each year, CRES Forum proudly sponsors the Sustainable Energy in America Factbook, produced by the Business Council for Sustainable Energy (BCSE) and BloombergNEF. The 2025 edition, released last week, reinforces what we’ve long advocated: An all-of-the-above energy strategy is the most effective way to meet rising electricity demand, strengthen the economy and reduce global emissions.
BCSE President Lisa Jacobson and I recently co-authored an op-ed highlighting key findings from this year’s Factbook. With artificial intelligence and data center demand surging, companies like Microsoft, Google and Amazon signed a record-breaking 183 clean energy deals in 2024—nearly doubling the previous year’s power purchase agreements. These commitments totaled 28 gigawatts (GW), a 26 percent increase from 2022.
The U.S. clean energy sector is ready to meet this demand. Solar and energy storage hit new highs in 2024, pushing renewable energy to 24 percent of total U.S. power generation. Meanwhile, natural gas remained the nation’s largest electricity source, supplying nearly 43 percent of total generation in 2024. Together, natural gas and renewables generated 67 percent of America’s electricity—demonstrating the strength of a diversified energy mix.
To sharpen our competitive edge in this era of energy expansion, continued federal support is critical. Businesses and investors need policy certainty to drive long-term investments. Existing tax credits for technologies like carbon capture and storage, hydrogen, nuclear, solar, wind and more must be maintained to unlock private capital.
At the same time, energy projects must come online faster to keep pace with growing demand. Lengthy permitting processes delay grid connections and hinder our progress. Federal permitting reforms are essential to accelerating deployment and ensuring the U.S. leads in energy innovation.
CRES remains committed to advancing these priorities in Congress and welcomes partners who share our vision for a stronger, all-of-the-above energy future.
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