Innovation in clean energy is accelerating. Batteries are getting denser and cheaper; wind turbines are getting bigger and better, and new solar projects often generate the cheapest electricity in the world.
Meanwhile, cutting-edge technologies like hydrogen electrolysis and direct-air carbon capture keep improving.
Most of the world’s major economies – the US, EU, India, Japan, and China – are racing to capture the economic benefits of this tech innovation through deployment incentives and support of domestic manufacturing.
But bottlenecks for critical minerals, supply chain constraints from Covid, and fierce competition among countries are all potential hurdles for this new industrial age.
Where is clean energy innovation advancing the fastest? And how will competition over manufacturing shake out in the decade ahead?
This week host Bill Loveless talks with Timur Gül.
Timur is head of the Energy Technology Policy Division at the International Energy Agency and leads the Energy Technology Perspectives report. The flagship series serves as the world’s first global guidebook for the clean technology industries of the future. The 2023 version was just released earlier this month.
Timur gives us an insider’s look into the report. He and Bill discuss how the key findings fit into the current geopolitical atmosphere of energy markets. They also talk about the major opportunities both globally and domestically for technology innovation.
