How Biden Traded Transformers for Heat Pumps

In America’s race to electrify everything from cars to manufacturing, it has started to run out of transformers.  - Charles Yang 

These critical components, which regulate voltage throughout our power grid, now have multi-year wait times and prices that have nearly doubled since 2020.
We shouldn't be in this situation. 

• Back in 2022, the Biden administration had an opportunity to use Defense Production Act (DPA) funding to boost domestic transformer manufacturing capacity. 
• Instead, it chose to direct its $250 million in DPA authority towards heat pump production. 

This was a disastrous misstep — and now the U.S. is stuck playing catch-up...
A Primer on Transformers

• Transformers are the backbone of the U.S. power grid...
• So — how did we get here?...
• Biden’s Misstep...
• What To Do...