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IEA report: global manufacturing capacity is expanding rapidly for solar, wind, batteries, electrolysers, heat pumps
(Energy Post, 6 Jun 2023) The IEA summarises its special briefing, “The State of Clean Technology Manufacturing.” It’s a global update on recent progress in key regions, focussing on five technologies – solar PV, wind, batteries, electrolysers and heat pumps – critical to the energy transition.
It should be read to keep decision makers informed of investment trends and the impact of industrial strategies. Overall, manufacturing capacity for these technologies is expanding rapidly, with solar PV on track to meet its 2030 targets for a net-zero world and batteries not far behind. The short lead times in ramping up production mean wind, electrolysers and heat pumps can close their gaps quickly, provided they are given all the right support. The briefing covers announced projects, actual manufacturing capacity growth, geographical concentration, regional supply and demand, supply chains, and more. This summary ends by pointing at the policy recommendations in the full report.
The State of Clean Technology Manufacturing: An Energy Technology Perspectives Special Briefing
Technology manufacturing plays a pivotal role in the energy transition required to meet climate, energy security and economic development goals. Deploying clean energy technologies at the pace required to put the world on a trajectory consistent with net zero emissions by mid-century will demand rapid expansion in manufacturing capacity, underpinned by secure, resilient and sustainable supply chains for their components and materials.
Energy Post, 6 Jun 2023: IEA report: global manufacturing capacity is expanding rapidly for solar, wind, batteries, electrolysers, heat pumps
