Fact Sheet: Speed to Market

As U.S. energy demand continues to grow, we need more energy, and we need it fast. Luckily, clean power projects are ready to meet this growing need, on the timescales that new technologies need. ACP Research team’s newest Speed to Market analysis shows how clean power projects are faster to both build and connect to the grid, enabling future load growth without relying on costlier thermal units or putting upward pressure on system-wide prices.

The difference is clear:

• Faster to build: Clean power projects spent an average of less than a year in development last year, while gas turbines spent two to three years in advanced development and construction.
• Faster to connect: Due to its robust project pipeline, clean power projects take six months to two years to connect to the grid, whereas unplanned gas generators can take an average of five to seven years.

Clean energy is keeping our country’s grid stronger and less reliant on slower, costlier sources of energy. To quickly and affordably meet future energy needs, we need to leverage the speed and low cost of clean energy projects.