POWER GENERATION

Biden’s Build Back Better infrastructure plan calls for building the next generation of electric grid transmission and distribution.²³

He will achieve this goal by:

• Cutting red tape to promote faster and easier permitting by taking advantage of existing rights-of-way along roads and railways
• Doubling down on research investments and tax incentives for technology that captures carbon and then permanently sequesters or utilizes it, which includes lowering the cost of carbon capture retrofits for existing power plants
• Investing in advanced nuclear reactors: smaller, safer, and more efficient at half the construction cost of today’s reactors
• Leveraging the recent breakthroughs in energy storage with historic procurement and investments to bring the future within reach for big utilities and rural cooperatives alike
• Ensuring that the market can access green hydrogen at the same cost as conventional hydrogen within a decade – providing a new, clean fuel source for some existing power plants
• Devoting significant resources to research, development and deployment of the next generation of baseload generation

IBEW Local 73 Political Action page 

23 https://joebiden.com/clean-energy/