Solar PV developers are making the greatest strides toward meeting 2030 NZE scenario targets. Considering all projects announced as of 2023, solar PV capacity could exceed the NZE target by 30 percentage points. Meanwhile, wind farm developers have been hampered by higher interest rates, with a significant gap identified between project size and necessary deployment. However, the share of already operational projects was roughly equal for solar and wind, at slightly less than one third.
Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023
Characteristic
Operating (2022)
Proposed: increased utilization of operating units
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IEA. (September 19, 2023). Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/
IEA. "Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023." Chart. September 19, 2023. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/
IEA. (2023). Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/
IEA. "Distribution of The Manufacturing Capacity of Selected Renewable Energy Technologies Needed in 2030 to Achieve Net-zero by 2050, by Project Status as of 2023." Statista, Statista Inc., 19 Sep 2023, https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/
IEA, Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023 Statista, https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/ (last visited January 08, 2025)
Distribution of the manufacturing capacity of selected renewable energy technologies needed in 2030 to achieve net-zero by 2050, by project status as of 2023 [Graph], IEA, September 19, 2023. [Online]. Available: https://www.statista.com/statistics/1464537/global-renewable-tech-deployment-gap-nze-scenario/
