Biden Administration's Energy Efficiency Regulations
The Biden administration finalized energy efficiency regulations targeting distribution transformers to accelerate the development of green energy and save utilities and businesses $824 million a year in electricity costs.
Key Points
- Regulations target distribution transformers for energy efficiency
- Final rules focus on using grain-oriented electrical steel and amorphous alloy
- Manufacturers have five years to comply with the regulations
Pros
- The regulations will make America's power grid more resilient
- They will save utilities and businesses $824 million a year in electricity costs
- They will support good-paying, high-quality manufacturing jobs
Cons
- The original proposal faced criticism for being unrealistic
- There are concerns about rapidly ramping up reliance on amorphous steel