The State of Clean Technology Manufacturing – November 2023 Update

Clean technology manufacturing is at the core of efforts to meet the world’s 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.

This Energy Technology Perspectives Special Briefing provides a targeted update on recent progress in clean energy technology manufacturing in key regions. Covering five technologies – solar PV, wind, batteries, electrolysers and heat pumps – that will be critical to the energy transition, the analysis is focused on the areas of supply chains that are showing the greatest dynamism in response to recent policy and industrial strategy developments. The analysis also takes into account the latest updates of the IEA’s Net Zero Emissions by 2050 Scenario, published in September 2023, when examining progress towards climate goals.

This publication is the second edition of a Special Briefing that was prepared in May 2023 to support the deliberations at the 2023 G7 Leaders’ Summit in Hiroshima, Japan. These publications build on analysis conducted as part of the latest edition of the IEA’s flagship technology publication, Energy Technology Perspectives 2023 (ETP-2023), published in January 2023.

The report is part of the IEA’s support of the first global stocktake of the Paris Agreement, which will be finalised in the run up to COP 28, the next UN Climate Change Conference, at the end of 2023. Find other reports in this series on the IEA’s Global Energy Transitions Stocktake page.