Subnational industrial policy can boost electricity capacity in the US Southeast

Figures refer to installed electricity-generation capacity relative to a baseline policy scenario.

Note: State action refers to a clean electricity tax credit and manufacturing production credit (10% investment credit or $10/MWh production credit) for select clean energy technologies. Enhanced state action refers to a doubling of the electricity tax credit (20% or $20/MWh) along with a domestic content bonus credit (10%), an energy community revitalization credit (10%), a state revolving loan fund, and tax credit transferability. States modeled are Alabama, Georgia, Kentucky, North Carolina, South Carolina, Tennessee, and Virginia. Source data is current to February 2026.
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