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Time to transition

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The energy world is at the dawn of a new industrial age – the age of clean energy technology manufacturing – that is creating major new markets and millions of jobs, but also raising new risks, prompting countries across the globe to devise industrial strategies to secure their place in the new global energy economy, according to a major new International Energy Agency (IEA) report.
Energy Technology Perspectives 2023, the latest instalment in one of the IEA’s flagship series, serves as the world’s first global guidebook for the clean technology industries of the future.
It provides a comprehensive analysis of global manufacturing of clean energy technologies today – such as electrolysers for hydrogen and heat pumps – and their supply chains around the world, as well as mapping out how they are likely to evolve as the clean energy transition advances in the years ahead.
New technologies

The analysis shows the global market for key mass-manufactured clean energy technologies will be worth around $650 billion (€595 billion) a year by 2030 – more than three times today’s level – if countries worldwide fully implement their...

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