Increased support for domestic battery manufacturing is also likely—which could be a key part in meeting clean energy targets. “There would be an appetite for domestic onshoring of some of the supply chain that goes into electric vehicles, and I think that this is pretty bipartisan,” says Gillingham. 

Gillingham also notes that we could see Democrats pursue “all of the above” climate policies, which often include oil and gas concessions along with clean energy growth. 

“There's just not going to be an appetite among a whole set of members of the Democratic Caucus for ambitious climate action, even if they may be sympathetic to climate action, they don't have the political backing to do it from where they are sitting,” he notes. “But they do have the political backing to do all of the above energy policies.”

Democrats also achieved trifectas—controlling the House, Senate, and governorship—in Michigan, Wisconsin, Minnesota, Pennsylvania, and Nevada. In Pennsylvania, for example, this opens the floodgates to pass legislation to regulate data centers, allow community solar, and to require utilities to store excess electricity.