President Biden's announcement of the United States' nationally determined contribution under the Paris Agreement signals a new trajectory for the energy transition. America will need to generate near-zero-emission electricity and deeply electrify transportation and industry to reduce yearly carbon emissions 50% below 2005 levels. The WATT Coalition applauds President Biden's leadership and diplomacy to increase worldwide climate ambition with this commitment. In order to achieve low-cost, rapid decarbonization, Grid-Enhancing Technologies must be integrated into the electric grid.
The electric grid is a dynamic resource, with capacity far greater than is currently accessible. A recent report by the Brattle Group shows that incorporating the variability of grid capacity into operations would jump-start the massive deployment of renewable energy necessary achieve a zero-emission economy, while saving $5 billion per year nationwide. The WATT Coalition members are at work across the country and around the world to make this critical step for the grid.