Manufacturing Revitalization Depends on Conquering Energy Challenges
11 May 2021
Laid out in President Biden’s $2 trillion American Jobs Plan is a focus on revitalizing U.S. manufacturing, fortifying the electric grid and accelerating the development and adoption of clean energy technologies. These initiatives are interconnected; increasing the global competitiveness of the U.S. manufacturing sector hinges on overcoming the energy-related challenges that the industry faces.
While the administration’s plan is a huge step in the right direction, the manufacturing industry needs to take its own action. Forward looking organizations are thinking about energy as a key factor in their market competitiveness and seeking solutions to overcome the capital and risk barriers that come with energy infrastructure upgrades.