How will Global Investments in Clean Energy Evolve to 2030?

Thumbnail Image

How will Global Investments in Clean Energy Evolve to 2030?

From 2015 to 2022, the worldwide deployment of clean energy resources grew from 120 GW per year to 325 GW per year. By 2030, our reference outlook sees this figure reach 540 GW annually. This evolution is transforming power market operations worldwide, stimulating the sector's supply chains, and advancing the global effort to decarbonize.

In this brief video, S&P Global Commodity Insights shows quantitatively how we expect investments in clean energies to grow rapidly from now to 2030. On average, we expect global capital expenditure in zero-carbon technologies to surpass $700 billion annually during the next 7 years—about 35% more than was spent in 2022.

The video and its underlying analysis are part of the Global Power and Renewables service, part of S&P Global Commodity Insights.

Tags

  • Energy Transition

Related content

Video

Global Power Markets with Daryna Kotenko

Listen now as Daryna Kotenko , Lead , US Power Pricing Team , S&P Global Commodity Insights sheds light on power markets from the Global Power Markets conference 2024. Watch now to learn all about power markets in a decarbonized world. Want more? Watch the rest in the series: Global Power Markets with Sam Huntington Global Power Markets with Mason Lester

Video

How to develop a hydrogen industry

Ahead of the upcoming Global Power Markets Conference in Las Vegas, listen to Vice President of Clean Hydrogen Market Development at Constellation Energy Dwayne Pickett and Energy Transition Reporter Daniel Weeks in a discussion of how the nascent hydrogen industry could be affected by tax credits and increased power demand. For more coverage of Global Power Markets Conference, go to https://cilive.com/conferences

Video

Tankers: Driven by Geopolitics, Energy Transition, Supply-Side Dynamics

Join Pradeep Rajan , Senior Editor , Asia Freight and Sameer C. Mohindru , Senior Editor , Asia Shipping Markets of S & P Global Commodity Insights as they discuss tanker markets and the key factors including energy transition, geopolitics and supply-side dynamics driving them.

Video

CERAWeek Daily: March 22

Listen to as Binish Azhar , Mid ream Oil News Editor , and Joe Fischer, Manager , America's Gas News at S & P Global Commodity Insights bringing you a summary of all that unfolded at CERAWeek 2024 at Houston , Texas , USA . CERAWeek took place from March 18-22 and LIVE is your all-access pass to the conference. Check back for more insights and cutting-edge coverage.