DPA Invocation Will Boost American Production of the Critical
Technologies Necessary to Lower Energy Costs, Support the Clean Energy
Economy, and Strengthen National Security.
President
Biden has issued presidential determinations providing the U.S.
Department of Energy (DOE) with the authority to utilize the Defense
Production Act (DPA) to accelerate domestic production of five key
energy technologies: (1) solar; (2) transformers and electric grid
components; (3) heat pumps; (4) insulation; and (5) electrolyzers, fuel
cells, and platinum group metals. The DPA determinations are part of the
Biden-Harris Administration’s plan to lower energy costs for families,
strengthen national security, and achieve lasting American energy
independence that reduces demand for fossil fuels and bolsters our clean
energy economy.
Read the full Department of Energy article here.