Europe will need to invest approximately 150 billion U.S. dollars in manufacturing plants to meet 100 percent of its domestic clean energy demand by 2030. Meanwhile, the U.S. will need to invest roughly 113 billion U.S. dollars. The largest share of investments in both regions would go toward lithium-ion batteries.
Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030
(in billion U.S. dollars)
Figures account for existing manufacturing capacities in the U.S. and Europe. Europe includes non-EU countries. Data assumes all demand is met with domestic factories.
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BloombergNEF. (September 7, 2023). Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/
BloombergNEF. "Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030 (in billion U.S. dollars)." Chart. September 7, 2023. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/
BloombergNEF. (2023). Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/
BloombergNEF. "Estimated Upfront Investment in New Factories Required to Meet Domestic Clean Energy Manufacturing Demand in Europe and The United States in 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Sep 2023, https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/
BloombergNEF, Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/ (last visited November 16, 2024)
Estimated upfront investment in new factories required to meet domestic clean energy manufacturing demand in Europe and the United States in 2030 (in billion U.S. dollars) [Graph], BloombergNEF, September 7, 2023. [Online]. Available: https://www.statista.com/statistics/1416643/investment-for-local-clean-energy-manufacturing-demand-europe-and-us/
