ENERGY LEADERSHIP IN A TIME OF NEED: A BLUEPRINT FOR STATES

This guide by Energy Innovation provides a blueprint for U.S. state policymakers to mitigate the economic impacts of the One Big Beautiful Bill Act (OBBBA). It specifically focuses on accelerating the procurement of wind and solar energy to ensure projects qualify for federal tax credits before they expire.

• Energy Innovation projects that the energy provisions of the One Big Beautiful Bill Act (OBBBA) will have significant negative economic impacts by 2035, including a $1.1 trillion reduction in U.S. GDP, the loss of 790,000 jobs, and $170 billion in increased energy costs for American businesses and households.
• The OBBBA terminates the production tax credit (PTC) and investment tax credit (ITC) for solar and wind projects after December 31, 2027. To qualify for "safe harbor" status and remain eligible for these credits, projects must begin construction by July 4, 2026. Projects starting between July 4, 2026, and December 31, 2027, must be placed in service by the end of 2027.
• Wind, solar, and storage were 93 percent of new U.S. energy installations in 2024. Utilities have planned nearly 140 GW of new wind and solar projects by 2030 to address an estimated peak capacity need growth of 128 GW by 2029.
• To ensure projects are completed before tax credits expire, the document recommends that state policymakers take several no-cost actions: accelerating permitting for shovel-ready projects, expanding contract solicitations for wind and solar, convening agencies to resolve pending approvals, directing state-led procurement for offtake certainty, and encouraging all-source procurement requests.
• While wind and solar credits are expiring, tax credits for battery storage and nuclear energy remain fully in place through 2033, with advanced nuclear projects receiving an additional 10 percent adder.

APA

Energy Innovation (n.d.). ENERGY LEADERSHIP IN A TIME OF NEED: A BLUEPRINT FOR STATES. https://energyinnovation.org/wp-content/uploads/ACCELERATE-NEAR-TERM-SOLAR-AND-WIND-PROCUREMENT.pdf

Chicago

Energy Innovation. ENERGY LEADERSHIP IN A TIME OF NEED: A BLUEPRINT FOR STATES. n.d. https://energyinnovation.org/wp-content/uploads/ACCELERATE-NEAR-TERM-SOLAR-AND-WIND-PROCUREMENT.pdf.

Wikipedia

{{cite report |author=Energy Innovation |title=ENERGY LEADERSHIP IN A TIME OF NEED: A BLUEPRINT FOR STATES |url=https://energyinnovation.org/wp-content/uploads/ACCELERATE-NEAR-TERM-SOLAR-AND-WIND-PROCUREMENT.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{energyinnovationndenergy, author = {{Energy Innovation}}, title = {{ENERGY LEADERSHIP IN A TIME OF NEED: A BLUEPRINT FOR STATES}}, institution = {Energy Innovation}, url = {https://energyinnovation.org/wp-content/uploads/ACCELERATE-NEAR-TERM-SOLAR-AND-WIND-PROCUREMENT.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }