Rhodium Group partner Trevor Houser breaks down annual growth figures for established clean energy markets.
Prediction Not checkable as stated
Houser: IRA incentives are insufficient for wind deployment without permitting reform
“Necessary, but not sufficient. It helps get the generation economics right, but unless permitting reform and interest rate declines materialize, it's unlikely that it'll be sufficient to drive the amount of wind deployment growth that we need.”
Prediction Held up
Houser: $39B is the floor for clean tech manufacturing investment over next 12 months
“Thirty-nine billion dollars last year is definitely the floor on what we're gonna see over the next 12 months.”
Assertion Not checkable as stated
Houser: A third EV manufacturing hub is emerging in Nevada and Arizona
“What is surprising is we're starting to see this third EV manufacturing hub emerge in the U.S. Southwest, which has never really made cars before. Arizona, Nevada, tied to California, and a lot of the innovation economy in California, and it's, it appears to b…”
Insight
Houser: National ambitions drive partisan climate rhetoric despite state-level bipartisan support
“There, elected officials from those states that have national ambitions will, if there's rewards to them politically at a national level, for taking a more partisan view on climate or clean energy then they'll probably do it, but at this, at the state level, t…”
Assertion Supported
Houser: Only $4.6B of $80B in emerging climate tech announcements has materialized
“So of that eighty billion in announcements, only four billion of that, 4.6 billion, has actually turned into steel on the ground so far over the past two years, right? So it's a big, that's the place where the gap between announcement, as you say, announced In…”
Assertion Supported
Houser: U.S. wind investment and capacity announcements declined over past two years
“So the pretty troubling one is wind, where investment and announcements in new wind capacity have been declining for the past two years.”