How Technology-Neutral Policy Can Unlock the US Power Grid

This technical report discusses the challenges and opportunities within the United States power sector, emphasizing the need for technology-neutral policies to enhance energy production and reliability. Despite having abundant energy resources and advanced technologies, the current policy framework is criticized for favoring specific technologies through mandates and subsidies, which distorts energy markets and leads to inefficiencies. The report outlines a historical context of US energy policy, identifying key failures and proposing a course correction based on economic fundamentals. It advocates for the implementation of technology-neutral incentives, streamlined permitting processes, and market-driven solutions to unlock stalled energy projects, particularly in advanced nuclear and renewable sectors. The report also highlights the potential for significant increases in energy capacity and reliability, which could lead to lower electricity costs and improved environmental outcomes. By shifting towards a more competitive and neutral regulatory environment, the US can better meet rising energy demands while promoting economic growth.