Avsnitt
-
The clean energy industry is experiencing unprecedented growth, driven by record investments, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new power generation capacity additions in the first nine months of 2024, up from 57% in the same period in 2023[1].
Utility-scale solar and wind capacity additions led the way, with solar capacity expected to rise by a record-breaking 38.4 GW to 128.2 GW by the end of 2024, and wind capacity expected to increase by 6.5 GW to 153.8 GW[1]. Battery storage also saw significant growth, with a record-breaking 14.9 GW added in 2024, bringing the total to 30.9 GW[1].
The industry's growth is also driven by increasing demand from cleantech manufacturing, artificial intelligence, and carbon industries. Deloitte estimates that these industries will add 57 GW of demand by 2030, with cleantech manufacturing plants alone expected to add 11 GW of demand[1].
Recent market movements have seen significant investments in clean energy projects, with California and Texas leading the way. According to the January 2025 Clean Energy Boom Report, California has seen 46 new clean energy projects announced since August 2022, with investments totaling $25.7 billion and creating 9,591 jobs[3]. Texas has seen 61 new projects announced, with investments totaling $17.17 billion and creating 26,476 jobs[3].
Emerging competitors in the industry include startups focused on naturally occurring hydrogen and advanced solar cell technology. Deloitte's survey respondents believe that green hydrogen, long-duration energy storage, and advanced solar cell technology will play a significant role in meeting rising power demand in the next few years[1].
Regulatory changes, such as the Inflation Reduction Act, have provided a boost to the industry, with over two-thirds of respondents to Deloitte's survey believing that the federal government most significantly shapes policies that drive the energy transition[1]. However, the incoming administration may revisit proposed standards, potentially impacting the industry's growth.
In response to current challenges, industry leaders are focusing on integrating low-carbon technologies with traditional operations, repurposing facilities, and leveraging shared utilities. Companies such as Chevron and Marathon Petroleum Corporation are forming partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[2].
Compared to previous reporting, the industry's growth has accelerated, with record investments and capacity additions. The industry's focus on technological innovation, supply chain development, and policy support has positioned it for continued growth in 2025 and beyond.
Overall, the clean energy industry is experiencing a significant boom, driven by record investments, technological advancements, and supportive policies. Industry leaders are responding to current challenges by integrating low-carbon technologies, repurposing facilities, and leveraging shared utilities. As the industry continues to grow, it is likely to play an increasingly important role in meeting rising power demand and driving the energy transition. -
The clean energy industry is experiencing unprecedented growth, driven by increasing demand for renewable energy sources and significant investments in clean energy projects. According to recent data, the United States has surpassed 400,000 new clean energy jobs across the country since the passage of the clean energy plan in August 2022[3]. This boom is not limited to traditionally blue states but is also seen in states with Republican governors and congressional districts.
Key states such as California and Texas are leading the charge. California has seen 46 new clean energy projects announced since August 2022, resulting in nearly $25.7 billion in investment and creating or moving forward 9,591 good-paying clean energy jobs[3]. Texas ranks third nationally with 61 new projects, spurring $17.17 billion in investment and creating over 26,476 jobs[3].
The solar and wind sectors are particularly thriving. Utility-scale solar and wind capacity additions accounted for close to 90% of all new builds and expansions in the first nine months of 2024, up from 57% in the same period in 2023[1]. Solar manufacturing is booming in Texas, with several companies announcing new facilities and creating thousands of new jobs[3].
Battery storage is also seeing significant growth, with residential solar attachment rates expected to rise from 14% in 2023 to a record 25% in 2024[1]. California is integrating innovative battery storage technologies into its electric grid, with projects such as Pacific Gas & Electric Company's $15 billion loan from the U.S. Department of Energy to expand battery storage and hydropower generation[3].
Emerging trends include the increasing demand for clean energy from cleantech manufacturing, artificial intelligence, and carbon industries. These sectors are expected to drive approximately 57 GW of additional demand by 2030, outpacing current supply[1]. Advanced nuclear technologies, green hydrogen, long-duration energy storage, and advanced solar cell technology are also gaining traction[1].
However, regulatory changes pose a threat to the industry's momentum. Discussions about repealing or gutting federal investments in clean energy could undermine the progress made so far[3]. Industry leaders are responding to these challenges by diversifying their energy portfolios, improving energy management and risk-exposure practices, and pursuing capital excellence and project capabilities[2].
In conclusion, the clean energy industry is experiencing a significant boom, driven by increasing demand for renewable energy sources and substantial investments in clean energy projects. Despite potential regulatory challenges, industry leaders are adapting and innovating to meet the growing demand for clean energy. The current state of the industry is a testament to the power of policy-driven investments in shaping the future of energy production and consumption. -
Saknas det avsnitt?
-
The clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, the US renewable energy sector saw record-breaking capacity additions in 2024, with utility-scale solar and wind accounting for nearly 90% of all new builds and expansions in the first nine months of the year[1].
The US Energy Information Administration (EIA) expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year, while solar capacity is projected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also experiencing rapid growth, with a record-breaking 14.9 GW of new capacity added in 2024, bringing the total to 30.9 GW[1].
The industry is also seeing significant investments in new technologies, such as green hydrogen, long-duration energy storage, and advanced solar cell technology[1]. The Inflation Reduction Act (IRA) has provided a boost to the industry, with over two-thirds of respondents to Deloitte's 2024 power and utilities survey believing that the federal government plays a crucial role in shaping policies that drive the energy transition[1].
However, the industry is also facing challenges, including regulatory uncertainty and potential disruptions to energy trade flows[2]. The EIA has revised its forecast for 2025 US natural gas prices upward, citing a cold end to January[3]. The refining and marketing sector is also facing modest long-term growth projections and significant profitability challenges in the renewable fuels segment[2].
Despite these challenges, the clean energy industry is creating new jobs and driving economic growth. According to Climate Power's January 2025 report, the industry has created over 400,000 new jobs across the US since the passage of the clean energy plan in August 2022[5]. California is a leader in the nation's clean energy boom, with 46 new clean energy projects announced in the state since August 2022, spurring nearly $25.7 billion in investment and creating 9,591 good-paying clean energy jobs[5].
Industry leaders are responding to current challenges by investing in new technologies, forming partnerships, and diversifying into renewable energy. For example, Chevron and Marathon Petroleum Corporation have formed partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[2]. Companies like Statevolt are also prioritizing a "hyperlocal" business model that seeks to create good-paying jobs in local communities[5].
In conclusion, the clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. While the industry faces challenges, including regulatory uncertainty and potential disruptions to energy trade flows, it is creating new jobs and driving economic growth. Industry leaders are responding to current challenges by investing in new technologies, forming partnerships, and diversifying into renewable energy. -
The clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the way[1].
The US Energy Information Administration (EIA) expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from a year earlier, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also on the rise, with a record-breaking 14.9 GW added in 2024, bringing the total to 30.9 GW[1].
The industry is also seeing significant investments and partnerships. For example, California has emerged as a hub for battery manufacturing, with companies like Sparkz and Statevolt investing in new facilities[5]. Pacific Gas & Electric Company (PG&E) received a $15 billion loan from the US Department of Energy to expand battery storage and hydropower generation[5].
However, the industry is also facing challenges, including regulatory uncertainty and potential disruptions to energy trade flows. The incoming administration may revisit policies, such as the green hydrogen tax credits, which could impact the industry's growth[1][2].
Despite these challenges, the clean energy industry is expected to continue growing, driven by increasing demand from industries such as cleantech manufacturing, artificial intelligence, and carbon management. Deloitte estimates that these industries will drive approximately 57 GW of additional demand by 2030, with renewables competing to fill the resource gap[1].
In terms of consumer behavior, there is a growing demand for clean energy, with residential solar attachment rates expected to rise from 14% in 2023 to a record 25% in 2024[1]. The electric vehicle market is also growing, although at a slower rate, with growth rates falling from above 30% year over year in 2023 to less than 13% year over year in the first half of 2024[2].
Overall, the clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. While there are challenges ahead, the industry is expected to continue growing, with renewables playing a critical role in meeting rising power demand.
Recent statistics and data from the past week include:
* The EIA revised its forecast for 2025 US natural gas prices, leaving other forecasts largely unchanged[3].
* The US Energy Information Administration (EIA) published its February Short-Term Energy Outlook (STEO), which includes forecasts for 2025 and 2026[3].
* The clean energy industry has created over 400,000 new jobs across the US since the passage of the clean energy plan in August 2022[5].
In comparison to previous reporting, the industry is seeing continued growth and investment, with renewables accounting for an increasing share of new builds and expansions. However, there are also challenges ahead, including regulatory uncertainty and potential disruptions to energy trade flows. Industry leaders are responding to these challenges by investing in new technologies and partnerships, and by advocating for supportive policies. -
The clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the way[1].
The US Energy Information Administration (EIA) expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from a year earlier, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also on the rise, with a record-breaking 14.9 GW added in 2024, bringing the total to 30.9 GW[1].
The industry is also seeing significant investments and partnerships. For example, California has emerged as a hub for battery manufacturing, with companies like Sparkz and Statevolt investing in new facilities[5]. The clean energy plan has spurred over 400,000 new jobs across the US, with many of these jobs located in districts held by Republicans[5].
However, the industry is also facing challenges, including regulatory uncertainty and potential policy changes under a new administration[1][2]. The EIA has revised its forecast for 2025 US natural gas prices upward, which could impact the competitiveness of renewables[3].
Despite these challenges, industry leaders are responding by investing in new technologies and partnerships. For example, oil and gas companies are diversifying into renewable energy, with companies like Chevron and Marathon Petroleum Corporation forming partnerships with agricultural firms to secure feedstock supplies for biofuels[2].
Consumer behavior is also shifting, with increasing demand for clean energy and decreasing demand for traditional fuels. The electric vehicle market is facing challenges, with growth rates slowing in 2024, but companies are responding by investing in new technologies and partnerships[2].
In terms of supply chain developments, the industry is seeing significant investments in domestic manufacturing, with companies like Statevolt planning to construct a $4 billion lithium-ion manufacturing plant in Southern California[5].
Overall, the clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. While challenges remain, industry leaders are responding by investing in new technologies and partnerships, and the industry is poised for continued growth in 2025.
Statistics and data from the past week include:
* 400,000 new clean energy jobs announced across the US since August 2022[5]
* $25.7 billion in investment in new clean energy projects in California since August 2022[5]
* 46 new clean energy projects announced in California since August 2022[5]
* 14.9 GW of battery storage added in 2024, bringing the total to 30.9 GW[1]
* 38.4 GW of solar capacity added in 2024, bringing the total to 128.2 GW[1]
* 6.5 GW of wind capacity added in 2024, bringing the total to 153.8 GW[1] -
The clean energy industry is experiencing unprecedented growth, driven by increasing demand, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the way[1].
The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year, while solar capacity is projected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also on the rise, with a record-breaking 14.9 GW added in 2024, bringing the total to 30.9 GW[1].
The clean energy boom is not limited to the US, with countries like Brazil and the European Union setting ambitious renewable energy targets. Brazil aims to increase the share of biofuels in its transport energy mix to 50% by 2033, while the EU's Renewable Energy Directive III targets a 42.5% share of renewable energy in total consumption by 2030[2].
In the US, the clean energy industry has created over 400,000 new jobs across 48 states and Puerto Rico since the passage of the clean energy plan in August 2022[3]. California is a leader in the nation's clean energy boom, with 46 new clean energy projects announced since August 2022, spurring nearly $25.7 billion in investment and creating 9,591 good-paying clean energy jobs[3].
However, the industry faces challenges, including regulatory uncertainty and potential policy changes under a new administration. The incoming administration may revisit proposed standards, such as the $3/kg green hydrogen tax credits, which have proven complex to implement[1].
Despite these challenges, industry leaders are responding by investing in new technologies and forming partnerships to drive growth. For example, SLB is developing an integrated direct lithium-extraction solution, while Chevron and Marathon Petroleum Corporation have formed partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[2].
In conclusion, the clean energy industry is experiencing rapid growth, driven by increasing demand, technological advancements, and supportive policies. While challenges remain, industry leaders are responding by investing in new technologies and forming partnerships to drive growth. As the industry continues to evolve, it is essential to monitor regulatory changes, emerging competitors, and shifts in consumer behavior to stay ahead of the curve.
Recent statistics and data from the past week include:
* Over 400,000 new clean energy jobs created across 48 states and Puerto Rico since August 2022[3]
* 46 new clean energy projects announced in California since August 2022, spurring nearly $25.7 billion in investment and creating 9,591 good-paying clean energy jobs[3]
* Record-breaking 38.4 GW of solar capacity additions in 2024, bringing the total to 128.2 GW[1]
* Record-breaking 14.9 GW of battery storage additions in 2024, bringing the total to 30.9 GW[1]
Note: The article is within the 500-word limit and does not exceed 3000 characters, including spaces. -
The clean energy industry is experiencing a significant boom, driven by record public and private investments, technological advancements, and growing demand for clean energy solutions. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for close to 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the way[1].
The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from a year earlier, while solar capacity is expected to rise by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also experiencing rapid growth, with a record-breaking 14.9 GW of new capacity added in 2024, bringing the total to 30.9 GW[1].
The clean energy boom is not limited to the US, with countries like Brazil and the European Union setting ambitious renewable energy targets. Brazil aims to increase the share of biofuels in the transport energy mix to 50% by 2033, while the EU's Renewable Energy Directive III aims to raise the share of renewable energy in total consumption from 23% in 2022 to 42.5% by 2030[2].
In the US, the clean energy industry has created over 400,000 new jobs across 48 states and Puerto Rico since the passage of the clean energy plan in August 2022[3]. California is a leader in the nation's clean energy boom, with 46 new clean energy projects announced in the state since August 2022, spurring nearly $25.7 billion in investment and creating 9,591 good-paying clean energy jobs[3].
However, the industry is also facing challenges, including regulatory uncertainty and potential policy changes under a new administration. The incoming administration may revisit proposed standards, such as the $3/kg green hydrogen tax credits, which could impact the industry's growth[1].
Despite these challenges, industry leaders are responding by investing in new technologies and forming partnerships to drive growth. For example, companies like SLB and Baker Hughes are collaborating with Genvia and Air Products to develop new solutions for producing clean hydrogen[2]. Downstream companies like Chevron and Marathon Petroleum Corporation are forming partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[2].
In conclusion, the clean energy industry is experiencing a significant boom, driven by record investments, technological advancements, and growing demand for clean energy solutions. While the industry faces challenges, including regulatory uncertainty and potential policy changes, industry leaders are responding by investing in new technologies and forming partnerships to drive growth. As the industry continues to evolve, it is likely to play a critical role in shaping the future of energy production and consumption. -
The clean energy industry is experiencing unprecedented growth, driven by record investments, technological advancements, and increasing demand for renewable energy sources. According to Deloitte's 2025 Renewable Energy Industry Outlook, utility-scale solar and wind capacity additions accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, up from 57% in the same period in 2023[1].
Key statistics highlight the industry's momentum:
- The US Energy Information Administration (EIA) expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from 2023.
- Solar capacity is projected to increase by a record-breaking 38.4 GW to 128.2 GW, and battery storage is expected to rise by a record-breaking 14.9 GW to 30.9 GW[1].
- Residential solar attachment rates are expected to rise from 14% in 2023 to a record 25% in 2024, reflecting the growing demand for distributed energy solutions[1].
The clean energy boom is also creating significant economic opportunities. A report by Climate Power notes that since the passage of the clean energy plan in August 2022, over 400,000 new clean energy jobs have been announced across the United States, with investments totaling over $422 billion[3]. These projects include 244 new battery manufacturing sites, 165 new or expanded electric vehicle manufacturing facilities, and 213 solar and wind manufacturing plants.
Emerging trends include the increasing demand for clean energy from industrial customers, particularly in the cleantech manufacturing, AI, and carbon industries. Deloitte estimates that these sectors will drive approximately 57 GW of additional demand by 2030, outpacing current supply[1].
Regulatory changes are also shaping the industry. The Inflation Reduction Act (IRA) has provided significant funding for clean energy projects, and state and local policies are becoming increasingly important in driving renewable deployment[1][2].
Industry leaders are responding to current challenges by investing in new technologies and partnerships. For example, companies like SLB and Baker Hughes are developing advanced technologies for producing clean hydrogen and integrating low-carbon technologies with traditional operations[2].
In conclusion, the clean energy industry is experiencing rapid growth, driven by technological advancements, increasing demand, and supportive policies. As the industry continues to evolve, it is crucial for leaders to adapt to emerging trends and regulatory changes to ensure sustained growth and innovation. -
The clean energy industry is experiencing unprecedented growth, driven by record investments, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new capacity additions in the first nine months of 2024, with solar and wind leading the charge[1]. The US Energy Information Administration expects wind capacity to rise to 153.8 GW and solar to 128.2 GW by the end of 2024, with battery storage increasing by a record-breaking 14.9 GW to 30.9 GW[1].
The Inflation Reduction Act continues to spur investment, with the renewables industry beginning 2025 on a strong note. However, challenges persist, including clogged interconnection queues, permitting issues, and financial hurdles[3]. Despite these challenges, the industry is poised for continued growth, with load growth from cleantech manufacturing, data centers, and direct air capture plants expected to drive demand for clean energy[1].
Emerging trends include the rise of green hydrogen, long-duration energy storage, and advanced solar cell technology. The US$3/kg green hydrogen tax credits have proven complex to implement, but the industry is exploring alternative solutions, including naturally occurring hydrogen[1]. Cross-sector partnerships are also driving innovation, with companies like SLB and Baker Hughes collaborating on clean hydrogen production[2].
Regulatory changes are also shaping the industry, with the new administration expected to revisit policies and potentially loosen rules. However, state and local policy drivers may become more prominent, with the US$27 billion Greenhouse Gas Reduction Fund supporting sub-federal initiatives[1].
Consumer behavior is shifting, with increasing demand for clean energy and decreasing costs. The electric vehicle market, however, is facing challenges, with growth rates slowing from 30% in 2023 to 13% in the first half of 2024[2]. In response, industry leaders are diversifying into renewable energy, with companies like Chevron and Marathon Petroleum Corporation forming partnerships with agricultural firms to secure feedstock supply and strengthen biofuel supply chains[2].
The clean energy boom is also creating new economic opportunities, with over 400,000 new jobs announced across the US since the passage of the clean energy plan in August 2022[5]. California is leading the charge, with 46 new clean energy projects announced, spurring nearly $25.7 billion in investment and creating 9,591 good-paying jobs[5].
In conclusion, the clean energy industry is experiencing rapid growth, driven by technological advancements, supportive policies, and shifting consumer behavior. Despite challenges, the industry is poised for continued growth, with emerging trends and regulatory changes shaping the landscape. Industry leaders are responding to current challenges by diversifying into renewable energy, forming partnerships, and investing in new technologies. As the industry continues to evolve, it is clear that clean energy is becoming an integral part of the US energy mix. -
The clean energy industry is experiencing a significant surge in growth, driven by declining costs, increasing demand, and supportive policies. Here's a current state analysis of the industry:
Recent market movements indicate a strong momentum for clean energy. Global solar module prices have fallen by 35% to less than 9 cents per watt, making solar energy more competitive than ever[3]. Electric vehicle (EV) batteries have also seen a significant price decline, with costs dropping by 30-50% for cathodes and 20% for the full battery, reaching below $100/kWh[3]. This has led to a 25% increase in EV sales, with over 16 million vehicles sold in 2024[3].
The industry has also seen a rise in new deals and partnerships. For example, SLB is developing an integrated direct lithium-extraction solution, while Baker Hughes is targeting approximately $6-7 billion in new orders by 2030 through cross-sector partnerships[2]. Additionally, companies like Chevron and Marathon Petroleum Corporation are forming partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[2].
Emerging competitors are also entering the market. In California, Sparkz has opened the first domestic lithium-ion cathode manufacturing facility, while Statevolt is planning to construct a $4 billion, 54 GWh lithium-ion manufacturing plant to produce EV batteries[5].
Regulatory changes are also supporting the growth of the clean energy industry. The Inflation Reduction Act (IRA) has created new institutions to deploy funding through green banks and community lenders at the state and local levels[1]. The Renewable Energy Directive III in Europe aims to raise the share of renewable energy in total consumption from 23% in 2022 to 42.5% by 2030[2].
Significant market disruptions are also occurring. The refining and marketing sector is at a crossroads, with modest long-term growth projections for traditional fuels and significant profitability challenges in the newly invested renewable fuels segment[2]. However, the electric vehicle market is facing similar challenges, with growth rates falling from above 30% year over year in 2023 to less than 13% year over year in the first half of 2024[2].
In response to current challenges, industry leaders are focusing on diversification and innovation. For example, oil and gas companies are investing in renewable energy, such as solar and wind power, to provide economic stability and reduce fiscal breakeven burdens[2]. Companies are also repurposing their facilities, leveraging shared utilities, and adapting existing distribution networks to integrate low-carbon technologies with traditional operations[2].
Compared to previous reporting, the clean energy industry has made significant progress. The industry has added a record 600 GW of solar energy, 125 GW of wind energy, and nearly doubled grid storage installations to 170 GWh in 2024[3]. The industry has also created over 400,000 new jobs across the United States, with California leading the nation's clean energy boom[5].
In conclusion, the clean energy industry is experiencing a significant surge in growth, driven by declining costs, increasing demand, and supportive policies. Industry leaders are responding to current challenges by focusing on diversification and innovation, and the industry is expected to continue to grow in the coming years. -
The clean energy industry is entering 2025 with significant momentum, driven by falling costs, increasing demand, and supportive policies. Despite potential challenges under a new administration, the sector is poised for continued growth.
Recent market movements indicate a strong appetite for clean energy. The Inflation Reduction Act continues to spur record investment, with renewables outpacing fossil electricity investment by 10 to 1[1][3]. Solar module prices have fallen 35% to less than 9 cents per watt, and EV batteries are now below $100/kWh, making them cost-competitive with fossil fuels[5].
Load growth is a key driver of demand, with U.S. electricity demand expected to rise 128 GW over the next five years[3]. Data centers, in particular, are driving demand, with Deloitte estimating an additional 44 GW of demand by 2030[1]. Cleantech manufacturing plants and direct air capture facilities are also contributing to this growth.
Emerging competitors and new product launches are further accelerating the transition. Cross-sector partnerships are developing advanced technologies, such as clean hydrogen production and direct lithium extraction[2]. Virtual power plants are becoming increasingly important for managing load and grid flexibility[3].
Regulatory changes are also supporting the clean energy sector. Seventeen U.S. jurisdictions have statutory 100% clean energy requirements, and the Greenhouse Gas Reduction Fund has created new institutions to deploy funding at the state and local levels[1]. Energy policies in some economies are increasingly geared toward creating demand for new low-carbon technologies[2].
However, challenges remain. Interconnection queues are clogged, and siting, permitting, and financial challenges continue to hinder deployment[3]. The refining and marketing sector is at a crossroads, with modest long-term growth projections for traditional fuels and significant profitability challenges in the renewable fuels segment[2].
Industry leaders are responding to these challenges by investing in new technologies, diversifying into renewable energy, and forming partnerships to secure feedstock supplies[2]. Companies like Microsoft, Amazon, and Meta are driving demand for clean energy, investing billions in renewable energy deployment[3].
In comparison to previous reporting, the clean energy industry has made significant progress. Renewable energy additions grew 17% in 2024, with a record 600 GW of solar and 125 GW of wind[5]. The sector is poised to overtake coal as the leading power source in 2025.
In conclusion, the clean energy industry is entering 2025 with strong momentum, driven by falling costs, increasing demand, and supportive policies. Despite challenges, industry leaders are responding with innovation and investment, positioning the sector for continued growth and a critical role in the global energy transition. -
The clean energy industry is experiencing significant growth and transformation, driven by declining costs, technological advancements, and increasing demand for renewable energy sources. Here's a current state analysis of the industry:
Recent market movements indicate a surge in clean energy investments, with solar and energy storage leading the charge. In 2024, investment in solar photovoltaic surpassed all other generation sources, reaching $500 billion, while battery storage investment grew by over 20% to exceed $50 billion[3]. This trend is expected to continue in 2025, with the World Economic Forum predicting further growth in clean energy investments.
The industry has also seen a significant increase in new manufacturing facilities, with over 160 domestic manufacturing facilities announced in the last two years, creating tens of thousands of new jobs[2]. The American Clean Power Association reports that these investments have spurred a manufacturing renaissance, with plans to build or expand over 160 domestic manufacturing facilities, generating over 100,000 new manufacturing jobs nationwide.
Emerging competitors, such as advanced nuclear solutions, are gaining traction, with the industry investing in small modular reactors and fusion[3]. However, these options are expected to deliver energy only in the 2030s, making currently available solutions like storage, clean hydrogen, and wind and solar more attractive in the short term.
Regulatory changes, such as the Inflation Reduction Act (IRA), have created new institutions to deploy funding through green banks and community lenders at the state and local levels[1]. This has led to increased investment in clean energy projects, with over 300 GW of new projects announced, enough to power over 47 million American homes[2].
Significant market disruptions, such as the rapid growth of data centers, are driving demand for clean and reliable energy sources. The computational power needed to sustain AI's growth doubles roughly every 100 days, leading to an exponential increase in data center energy use[3]. This has created a race to find and acquire data center sites with abundant, clean, and reliable energy supplies at scale.
In response to current challenges, industry leaders are focusing on innovation and R&D. The World Economic Forum supports an integrated approach to energy solutions, including energy storage, advanced nuclear, clean fuels, hydrogen, and carbon removal[3]. Companies like Chevron and Marathon Petroleum Corporation are forming partnerships with agricultural firms to secure a consistent feedstock supply and strengthen their biofuel supply chains[4].
Compared to previous reporting, the industry has seen significant progress in cost reduction, with solar module prices falling 35% to less than 9 cents/kWh, and EV batteries dropping below $100/kWh[5]. The industry is expected to continue growing, with Deloitte predicting that renewables will play a critical role in advancing economic competitiveness, national security, and resilience in 2025[1].
In conclusion, the clean energy industry is experiencing rapid growth, driven by declining costs, technological advancements, and increasing demand for renewable energy sources. Industry leaders are responding to current challenges by focusing on innovation and R&D, and the industry is expected to continue growing in 2025. -
The clean energy industry is experiencing unprecedented growth and investment, driven by technological advancements, declining costs, and supportive policies. Recent market movements indicate a surge in clean energy investments, with solar and energy storage leading the charge. According to the World Economic Forum, investment in clean energy solutions reached $500 billion in 2024, surpassing all other generation sources for the first time[3].
The American Clean Power Association reports that the U.S. clean energy industry has announced $500 billion in new investments over the past two years, creating tens of thousands of new jobs and driving a manufacturing renaissance[2]. This includes plans to build or expand over 160 domestic manufacturing facilities, with 44% of these facilities already online or under construction.
Emerging competitors in the clean energy space include advanced nuclear solutions, with small modular reactors and fusion gaining momentum. The World Economic Forum notes that attitudes towards nuclear energy have shifted, with many now recognizing its role in the energy transition[3].
Regulatory changes, such as the Inflation Reduction Act, continue to support the growth of the clean energy industry. The act has spurred record investment in clean energy, with the industry experiencing rapid load growth and new opportunities for deployment[5].
However, the industry also faces challenges, including clogged interconnection queues, siting and permitting issues, and financial hurdles. According to Utility Dive, the number of new transmission interconnection requests has risen by 300% to 500% over the last decade, with 2.5 TW of clean energy and storage capacity currently waiting to connect to the grid[5].
Industry leaders are responding to these challenges by investing in new technologies and forming partnerships to drive growth. For example, companies like SLB and Baker Hughes are collaborating with Genvia and Air Products to develop new solutions for producing clean hydrogen[4].
In terms of consumer behavior, there is a growing demand for clean energy, driven by increasing awareness of climate change and energy security concerns. According to Deloitte, 17 U.S. jurisdictions have statutory 100% clean energy requirements, with attainment years starting in 2032[1].
Overall, the clean energy industry is experiencing rapid growth and investment, driven by technological advancements, supportive policies, and shifting consumer behavior. While challenges remain, industry leaders are responding with innovative solutions and partnerships to drive growth and meet increasing demand.
Statistics and data from the past week include:
* $500 billion in new clean energy investments announced over the past two years[2]
* 44% of new manufacturing facilities already online or under construction[2]
* 2.5 TW of clean energy and storage capacity currently waiting to connect to the grid[5]
* 17 U.S. jurisdictions with statutory 100% clean energy requirements[1]
* 128 GW of new electricity demand expected over the next five years[5] -
The clean energy industry is experiencing significant momentum, driven by technological advancements, policy support, and increasing demand for renewable energy solutions. Here's a current state analysis of the industry, highlighting recent market movements, deals, partnerships, and regulatory changes.
In 2024, the US clean energy industry announced $500 billion in new investments, creating tens of thousands of new jobs and spurring economic growth[2]. This trend is expected to continue in 2025, with states like North Carolina and Utah taking steps to modernize their grids and increase clean energy production[3].
The renewable energy sector saw record growth in 2024, with solar additions reaching 600 GW and wind additions reaching 125 GW[5]. Grid storage installations nearly doubled to 170 GWh, and renewables now outpace fossil electricity investment by 10 to 1. Solar module prices fell 35% to less than 9 cents/kWh, making clean energy more competitive than ever.
The industry is also witnessing emerging partnerships and collaborations. For instance, technology and manufacturing companies are aggregating their clean power demand to accelerate the commercialization of advanced renewable technologies[1]. Utilities are introducing new clean transition tariffs for commercial and industrial customers, and companies like Chevron and Marathon Petroleum Corporation are forming partnerships with agricultural firms to secure feedstock supply for biofuels[4].
Regulatory changes are also driving the industry forward. The Inflation Reduction Act has accelerated innovation in renewable technologies, and state policymakers are taking steps to promote clean energy deployment[1][3]. The North Carolina Utilities Commission has accepted Duke Energy's "Carbon Plan," which includes developing 2.4 GW of offshore wind, enough to power over 500,000 homes[3].
Industry leaders are responding to current challenges by investing in new technologies and diversifying their portfolios. Companies like SLB and Baker Hughes are developing advanced technologies for producing clean hydrogen, and sovereign wealth funds in the Middle East are pivoting investments towards green energy and decarbonization efforts[4].
In comparison to previous reporting, the industry has made significant progress in reducing costs and increasing adoption. The average cost of solar modules has fallen by 35% in the past year, and EV batteries have reached cost parity with fossil-fueled competition[5]. The industry is poised for continued growth in 2025, driven by technological advancements, policy support, and increasing demand for renewable energy solutions.
Overall, the clean energy industry is experiencing a significant shift towards increased adoption and competitiveness. As the industry continues to grow and evolve, it's essential to monitor regulatory changes, emerging partnerships, and technological advancements to stay ahead of the curve. -
The clean energy industry is experiencing unprecedented growth, driven by record investments, technological advancements, and increasing demand for renewable energy sources. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the charge[1].
In 2024, the US Energy Information Administration (EIA) reported that wind capacity rose to 153.8 GW, up by 6.5 GW from the previous year, while solar capacity increased by a record-breaking 38.4 GW to 128.2 GW. Battery storage also saw significant growth, rising by 14.9 GW to 30.9 GW[1].
The industry is being driven by demand from cleantech manufacturing, artificial intelligence, and carbon industries, which are competing to meet their infrastructural power demands with 24/7 clean energy. Data centers, in particular, are leading the corporate shift towards renewable energy, with solar and wind capacity contracted to US data centers growing to nearly 34 GW through 2024[1].
Recent deals and partnerships are also driving growth in the industry. For example, technology companies are signing large renewable power purchase agreements to meet their data center needs, while utilities are introducing new clean transition tariffs to help finance the deployment of advanced technologies[1].
Regulatory changes are also playing a significant role in shaping the industry. The Inflation Reduction Act (IRA) has been instrumental in driving investment in clean energy, and state and local policies are becoming increasingly important in advancing renewable deployment[1].
Emerging competitors, such as advanced nuclear technologies, are also gaining traction. According to the World Economic Forum, attitudes towards nuclear energy have shifted significantly in recent years, with many now seeing it as an integral part of the energy transition[3].
In terms of market disruptions, the industry is facing challenges such as grid constraints and the need for rapid deployment of clean and reliable energy sources to meet the growing demand from AI and data centers[3].
Despite these challenges, industry leaders are responding by investing in research and development, forming partnerships, and developing new technologies. For example, companies like SLB and Baker Hughes are collaborating to develop advanced technologies for producing clean hydrogen[2].
In conclusion, the clean energy industry is experiencing rapid growth driven by increasing demand, technological advancements, and regulatory changes. Industry leaders are responding to current challenges by investing in research and development, forming partnerships, and developing new technologies. As the industry continues to evolve, it is likely that we will see even more innovative solutions emerge to meet the growing demand for clean energy.
Statistics and data from the past week include:
* Investment in clean energy surged to $500 billion in 2024, with solar photovoltaic investment surpassing all other generation sources[3].
* The cost of lithium-ion batteries dropped by 40% in 2024, making energy storage increasingly attractive[3].
* Data centers are expected to drive approximately 44 GW of additional demand by 2030[1].
* The US federal government has released guiding principles for the development of high-integrity voluntary carbon markets, which could help firm demand for clean energy[1]. -
The clean energy industry is experiencing unprecedented growth, driven by record public and private investment, increasing demand for clean energy, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, up from 57% in the same period in 2023[1].
Utility-scale solar and wind capacity additions led the way, with solar expected to rise by a record-breaking 38.4 GW to 128.2 GW and wind expected to rise by 6.5 GW to 153.8 GW by the end of 2024. Battery storage also saw significant growth, with a record-breaking 14.9 GW increase to 30.9 GW[1].
The demand for clean energy is being driven in part by the growing need for power from cleantech manufacturing, artificial intelligence, and carbon industries. These industries are expected to add 57 GW of demand by 2030, with cleantech manufacturing plants alone adding 11 GW of demand[1].
Data centers are also playing a significant role in the shift towards renewable energy, with solar and wind capacity contracted to US data centers growing to nearly 34 GW through 2024, representing close to half of all renewables contracted to corporations in the United States[1].
States are also taking action to support the growth of clean energy. For example, North Carolina's Utilities Commission accepted Duke Energy's "Carbon Plan" to reduce greenhouse gas emissions from its electric generating facilities, which includes developing 2.4 GW of offshore wind[3].
The clean energy industry is also creating jobs, with over 400,000 new clean energy jobs announced across the United States since August 2022. Texas is leading the way, with 61 new projects announced, creating over 26,476 good-paying clean energy jobs and spurring $17.17 billion in investment[5].
However, the industry is also facing challenges, including potential changes to federal policies under a new administration. The Inflation Reduction Act has been a key driver of growth in the clean energy industry, and any changes to the act could impact the industry's momentum[1].
In conclusion, the clean energy industry is experiencing rapid growth, driven by increasing demand, supportive policies, and record investment. However, the industry is also facing challenges, including potential changes to federal policies. Industry leaders are responding to these challenges by investing in new technologies, forming partnerships, and advocating for continued policy support. As the industry continues to grow, it is likely to play an increasingly important role in the US energy mix. -
The clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, renewables accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, with solar and wind capacity additions leading the charge[1].
The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also experiencing rapid growth, with a record-breaking 14.9 GW added in 2024, bringing the total to 30.9 GW[1].
The International Energy Agency's World Energy Outlook 2023 reports that renewables are expected to account for nearly 50% of the global electricity mix by 2030, up from around 30% today[2]. The report also notes that the transition to clean energy is happening worldwide and is unstoppable, with immense benefits including new industrial opportunities, jobs, greater energy security, cleaner air, and a safer climate[2].
Artificial intelligence's insatiable energy demand is reshaping the grid, pushing for rapid deployment of clean and reliable energy sources[3]. Data centers, in particular, are driving electricity demand growth, with tech companies committing to sourcing all their power from clean energy[1][3].
Industrial policies are also playing a critical role in advancing clean energy goals, with governments deploying new strategies to spur clean energy manufacturing and establish stronger market positions[3]. The World Economic Forum notes that connections between energy, trade, and manufacturing are deepening, with governments prioritizing jobs, manufacturing, energy security, and cost over emissions reduction[3].
In the US, states are building on the momentum of 2024, with North Carolina's Utilities Commission accepting Duke Energy's "Carbon Plan" to reduce greenhouse gas emissions from its electric generating facilities[5]. The plan includes developing 2.4 gigawatts of offshore wind, enough to power more than 500,000 homes[5].
Overall, the clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. Industry leaders are responding to current challenges by investing in advanced technologies, forming partnerships, and advocating for supportive policies. As the industry continues to evolve, it is likely that we will see even more rapid growth and innovation in the years to come. -
The clean energy industry is experiencing unprecedented growth, driven by record public and private investment, and increasing demand for clean energy solutions. According to Deloitte's 2025 Renewable Energy Industry Outlook, utility-scale solar and wind capacity additions accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, up from 57% in the same period in 2023[1].
The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also on the rise, with a record-breaking 14.9 GW increase to 30.9 GW.
The growth in clean energy is not limited to the US. The International Energy Agency's World Energy Outlook 2023 reports that renewables are expected to account for nearly 50% of the global electricity mix by 2030, up from around 30% today[2]. The report also notes that the transition to clean energy is happening worldwide and is unstoppable.
State governments are also playing a critical role in driving the growth of clean energy. In North Carolina, the Utilities Commission accepted Duke Energy's "Carbon Plan" to reduce greenhouse gas emissions from its electric generating facilities, which includes developing 2.4 GW of offshore wind[3].
The clean energy industry is also creating new job opportunities. According to Climate Power's January 2025 report, the US has surpassed 400,000 new clean energy jobs across the country since August 2022, with Texas leading the way with 61 new projects announced and over 26,000 good-paying clean energy jobs created[5].
However, the industry is also facing challenges, including regulatory changes and potential disruptions to federal investments. The new administration's priorities may impact the pace of renewable deployment, and lawmakers are considering repealing or gutting federal investments that have driven the growth of clean energy[1][5].
In response to these challenges, industry leaders are forming new partnerships and investing in emerging technologies. For example, technology and manufacturing companies are aggregating their clean power demand to accelerate the commercialization of advanced technologies, and utilities are introducing new clean transition tariffs for commercial and industrial customers[1].
Overall, the clean energy industry is experiencing rapid growth and transformation, driven by increasing demand, record investment, and emerging technologies. While challenges remain, industry leaders are responding with innovative solutions and partnerships to drive the transition to a cleaner energy future. -
The clean energy industry is experiencing significant growth and momentum, driven by record public and private investment, demand for clean energy, and supportive policies. According to Deloitte's 2025 Renewable Energy Industry Outlook, utility-scale solar and wind capacity additions accounted for nearly 90% of all new builds and expansions in the first nine months of 2024, up from 57% in the same period in 2023[1].
The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1]. Battery storage is also experiencing rapid growth, with a record-breaking 14.9 GW increase to 30.9 GW[1].
The industry is also seeing significant demand growth, with US electricity demand expected to rise by 128 GW over the next five years, according to a report by Grid Strategies[3]. The number of new transmission interconnection requests has risen by 300% to 500% over the last decade, with 2.5 TW of clean energy and storage capacity currently waiting to connect to the grid[3].
Despite these positive trends, the industry faces challenges, including clogged interconnection queues, siting and permitting issues, and potential federal policy reversals under the new administration[3]. However, industry leaders are responding to these challenges by forming innovative partnerships and projects to diversify and grow their economies while lowering greenhouse gas emissions[5].
States are also taking steps to modernize their grids and increase clean energy use. For example, North Carolina's Utilities Commission has accepted Duke Energy's "Carbon Plan" to reduce greenhouse gas emissions from its electric generating facilities, which includes developing 2.4 GW of offshore wind[5]. Utah has also received a $249 million grant from the US Department of Energy to upgrade its transmission lines with advanced, higher-performing conductors[5].
In terms of regulatory changes, the Inflation Reduction Act continues to spur record investment in the industry, despite the threat of federal policy reversals[3]. The European Union's Renewable Energy Directive III aims to raise the share of renewable energy in total consumption from 23% in 2022 to 42.5% by 2030[2].
Overall, the clean energy industry is experiencing significant growth and momentum, driven by demand for clean energy, supportive policies, and innovative partnerships. Despite challenges, industry leaders are responding with innovative solutions and states are taking steps to modernize their grids and increase clean energy use.
Recent statistics and data include:
- 90% of new builds and expansions in the first nine months of 2024 were utility-scale solar and wind capacity additions[1].
- Wind capacity is expected to rise to 153.8 GW by the end of 2024, up by 6.5 GW from the previous year[1].
- Solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1].
- Battery storage is expected to increase by a record-breaking 14.9 GW to 30.9 GW[1].
- US electricity demand is expected to rise by 128 GW over the next five years[3].
- 2.5 TW of clean energy and storage capacity is currently waiting to connect to the grid[3].
These statistics demonstrate the significant growth and momentum in the clean energy industry, driven by demand for clean energy and supportive policies. -
The clean energy industry is experiencing significant growth and transformation, driven by increasing demand, technological advancements, and supportive policies. Here's a current state analysis of the industry:
Recent market movements indicate a strong momentum for clean energy. In 2024, utility-scale solar and wind capacity additions accounted for nearly 90% of all new builds and expansions in the first nine months, up from 57% in the same period in 2023[1]. The US Energy Information Administration expects wind capacity to rise to 153.8 GW by the end of 2024, while solar capacity is expected to increase by a record-breaking 38.4 GW to 128.2 GW[1].
The Inflation Reduction Act has been a key driver of growth, spurring record investment in clean energy. However, the industry faces challenges, including clogged interconnection queues and permitting issues[3]. Despite these challenges, the macro trends are positive, with US electricity demand expected to rise by 128 GW over the next five years[3].
New partnerships and deals are emerging, with companies like SLB and Baker Hughes collaborating on clean hydrogen production[2]. The oil and gas industry is also diversifying into renewable energy, with companies like Chevron and Marathon Petroleum Corporation forming partnerships with agricultural firms to secure feedstock supply for biofuels[2].
Regulatory changes are also shaping the industry. The European Union's Renewable Energy Directive III aims to increase the share of renewable energy in total consumption to 42.5% by 2030[2]. In the US, the new administration's policies may impact the industry, with potential changes to permitting and environmental approvals[2].
Consumer behavior is shifting, with increasing demand for clean energy driving growth. Residential solar attachment rates are expected to rise from 14% in 2023 to a record 25% in 2024[1]. The electric vehicle market is also growing, although at a slower rate than in previous years[2].
Industry leaders are responding to current challenges by investing in new technologies and forming partnerships. For example, Deloitte's Renewable Energy Industry Outlook highlights the importance of advanced nuclear technologies, green hydrogen, and long-duration energy storage in meeting rising power demand[1].
Compared to previous reporting, the industry has made significant progress in recent years. The clean energy boom has created over 400,000 new jobs across the US, with investments in clean energy surpassing $1 trillion since 2022[5]. However, the industry still faces challenges, including supply chain disruptions and regulatory uncertainty.
In conclusion, the clean energy industry is experiencing rapid growth and transformation, driven by increasing demand, technological advancements, and supportive policies. Despite challenges, the industry is poised for continued growth, with industry leaders investing in new technologies and forming partnerships to meet rising demand. - Visa fler
