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The Long Island Solar Farm , a 32-megawatt solar photovoltaic power plant built through a collaboration including BP Solar, the Long Island Power Authority, and the Department of Energy.
The first economist is Neil Mehrotra of the Federal Reserve Bank of Minneapolis. In a thread on X, the site formerly known as Twitter, Mehrotra reflected on how, while working on the climate provisions of the Inflation Reduction Act, he came across the previous BEA data, and it showed a steadily increasing price index for “investment in electric power structures” from 2010 through 2023.for almost that whole time. The big buildout of renewables means costs ought to be going down, not up.
The end result should please government data aficionados: After contacting the EIA for better data on wind and solar investment, the economists arrived at a lower cost estimate for power structures — and a picture of more physical investment for the same invested dollars. Which brings us to the second economist. Joseph Politano is a former analyst at the US Bureau of Labor Statistics who now publishes his own economics newsletter.
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