Charlotte McClintock
@cmcclintock.bsky.social
tracking clean tech investment and the state of the US energy transition @rhodiumgroup.bsky.social. professional data obsessive, amateur ceramic apprentice. new-ish Seattleite. newly energy-pilled. show me your coolest charts.
Are.na
www.are.na
June 13, 2025 at 3:30 PM
Full report is here: www.cleaninvestmentmonitor.org/reports/q1-2... & data is available for download - reach out to datarequest@cleaninvestmentmonitor.org for access to ClimateDeck. 🔌💡
Clean Investment Monitor: Q1 2025 Update
In Q1 2025, clean investment in the US totaled $67.3 billion, a 6.9% increase from the same period in 2024 but a 3.8% decrease from the previous quarter.
www.cleaninvestmentmonitor.org
May 13, 2025 at 4:50 PM
Full report is here: www.cleaninvestmentmonitor.org/reports/q1-2... & data is available for download - reach out to datarequest@cleaninvestmentmonitor.org for access to ClimateDeck. 🔌💡
New this quarter, we also report operational and construction jobs associated with completed facilities & outstanding investment. Georgia (23k), Texas (15k), Michigan (14k), and South Carolina (14k) have the most operational jobs associated with outstanding investment.
May 13, 2025 at 4:11 PM
New this quarter, we also report operational and construction jobs associated with completed facilities & outstanding investment. Georgia (23k), Texas (15k), Michigan (14k), and South Carolina (14k) have the most operational jobs associated with outstanding investment.
Psyched to see the data in this excellent piece from @bradplumer.bsky.social and @harrystevens.bsky.social framing the potential impact of the tax credit modifications proposed by Ways & Means yesterday www.nytimes.com/2025/05/13/c...
A Clean Energy Boom Was Just Starting. Now, a Republican Bill Aims to End It.
www.nytimes.com
May 13, 2025 at 4:11 PM
Psyched to see the data in this excellent piece from @bradplumer.bsky.social and @harrystevens.bsky.social framing the potential impact of the tax credit modifications proposed by Ways & Means yesterday www.nytimes.com/2025/05/13/c...
super compelling takes! and a strong title
April 29, 2025 at 6:38 PM
super compelling takes! and a strong title
BEVs again saw substantial growth from the “Big Three” US automakers—General Motors, Ford, and Stellantis—up 25% QoQ and 66% from Q4 2023. Tesla saw a small quarterly decline in Q4, and made up less than half of BEV sales, hitting their lowest market share since our tracking began in 2018.
February 28, 2025 at 5:04 PM
BEVs again saw substantial growth from the “Big Three” US automakers—General Motors, Ford, and Stellantis—up 25% QoQ and 66% from Q4 2023. Tesla saw a small quarterly decline in Q4, and made up less than half of BEV sales, hitting their lowest market share since our tracking began in 2018.
In retail, ZEV sales finished the year strong after declines in Q1 2024, up 8% QoQ and 15% relative to Q4 2023.
The growth came from both battery electric vehicles, up 4% QoQ, and plug-in hybrids, up 18% QoQ.
The growth came from both battery electric vehicles, up 4% QoQ, and plug-in hybrids, up 18% QoQ.
February 28, 2025 at 5:04 PM
In retail, ZEV sales finished the year strong after declines in Q1 2024, up 8% QoQ and 15% relative to Q4 2023.
The growth came from both battery electric vehicles, up 4% QoQ, and plug-in hybrids, up 18% QoQ.
The growth came from both battery electric vehicles, up 4% QoQ, and plug-in hybrids, up 18% QoQ.
Industry investment was flat, with the majority of investment still in SAF.
February 28, 2025 at 5:04 PM
Industry investment was flat, with the majority of investment still in SAF.
In terms of capacity additions, 2024 saw the addition of 37 GW of new clean electricity generation, including 31 GW of utility-scale solar (up 63% from 2023), 5 GW of wind (a 26% decline from 2023), and 1 GW of nuclear capacity. Storage capacity additions totaled 11 GW, up 62% from 2023.
February 28, 2025 at 5:04 PM
In terms of capacity additions, 2024 saw the addition of 37 GW of new clean electricity generation, including 31 GW of utility-scale solar (up 63% from 2023), 5 GW of wind (a 26% decline from 2023), and 1 GW of nuclear capacity. Storage capacity additions totaled 11 GW, up 62% from 2023.
Looking at 2024 relative to 2023, investment in solar and storage posted annual gains, up 2% and 14%, respectively. Annual investment in wind was flat year-on-year compared to 2023.
February 28, 2025 at 5:04 PM
Looking at 2024 relative to 2023, investment in solar and storage posted annual gains, up 2% and 14%, respectively. Annual investment in wind was flat year-on-year compared to 2023.
Overall energy investment continued a four quarter slide. Utility-scale solar investment fell by 21% in Q4, while grid-scale storage flat. Wind investment recorded a third consecutive quarterly increase, up by 16% quarter-on-quarter to $3.3 billion in Q4.
February 28, 2025 at 5:04 PM
Overall energy investment continued a four quarter slide. Utility-scale solar investment fell by 21% in Q4, while grid-scale storage flat. Wind investment recorded a third consecutive quarterly increase, up by 16% quarter-on-quarter to $3.3 billion in Q4.
Actual investment in manufacturing investment declined slightly QoQ, driven by declining investment in solar manufacturing.
Battery manufacturing was up 2% on the quarter and up a staggering 91% in 2024 overall relative to 2023. 93% of Q4 investment in manufacturing went to the EV supply chain.
Battery manufacturing was up 2% on the quarter and up a staggering 91% in 2024 overall relative to 2023. 93% of Q4 investment in manufacturing went to the EV supply chain.
February 28, 2025 at 5:04 PM
Actual investment in manufacturing investment declined slightly QoQ, driven by declining investment in solar manufacturing.
Battery manufacturing was up 2% on the quarter and up a staggering 91% in 2024 overall relative to 2023. 93% of Q4 investment in manufacturing went to the EV supply chain.
Battery manufacturing was up 2% on the quarter and up a staggering 91% in 2024 overall relative to 2023. 93% of Q4 investment in manufacturing went to the EV supply chain.
As a reminder: we track both announced investment (the total capex for a facility or project) and actual investment (the real dollars spent in the economy in a given quarter, estimated by distributing the announced investment over the construction timeline). Figures below are actuals.
February 28, 2025 at 5:04 PM
As a reminder: we track both announced investment (the total capex for a facility or project) and actual investment (the real dollars spent in the economy in a given quarter, estimated by distributing the announced investment over the construction timeline). Figures below are actuals.
Back to the standard fare, total actual investment declined slightly, by 1% from Q3 to Q4, though investment in Q4 was still up 6% compared to Q4 2023.
Declines in Q4 were driven mainly by lower investment in the energy segment.
Declines in Q4 were driven mainly by lower investment in the energy segment.
February 28, 2025 at 5:04 PM
Back to the standard fare, total actual investment declined slightly, by 1% from Q3 to Q4, though investment in Q4 was still up 6% compared to Q4 2023.
Declines in Q4 were driven mainly by lower investment in the energy segment.
Declines in Q4 were driven mainly by lower investment in the energy segment.
Looking at the pipeline of announced and under-construction projects, $402 billion of outstanding investment could be realized in GOP districts, or 77% of the total outstanding share, compared to $122 billion of outstanding investment in districts represented by Democrats.
February 28, 2025 at 5:04 PM
Looking at the pipeline of announced and under-construction projects, $402 billion of outstanding investment could be realized in GOP districts, or 77% of the total outstanding share, compared to $122 billion of outstanding investment in districts represented by Democrats.
This is includes both:
- actual investment from Q3 2022 through Q4 2024
- outstanding investment (i.e. investment that has been announced but not yet spent)
- actual investment from Q3 2022 through Q4 2024
- outstanding investment (i.e. investment that has been announced but not yet spent)
February 28, 2025 at 5:04 PM
This is includes both:
- actual investment from Q3 2022 through Q4 2024
- outstanding investment (i.e. investment that has been announced but not yet spent)
- actual investment from Q3 2022 through Q4 2024
- outstanding investment (i.e. investment that has been announced but not yet spent)
woah! thanks for the head up!
December 24, 2024 at 6:31 AM
woah! thanks for the head up!
genuinely welcome hole-poking and critical feedback, i would love to understand all the possible reasons for/against!
December 23, 2024 at 10:27 PM
genuinely welcome hole-poking and critical feedback, i would love to understand all the possible reasons for/against!
super cool way to visualize the data!!
November 21, 2024 at 11:30 PM
super cool way to visualize the data!!
Hey! Possible I'm missing something, but are you talking about the storage category (in purple)? "Other" (in grey) is quite small in recent quarters ($85m in Q3). To your question, "other" captures hydro, geothermal, biomass, landfill gas, and municipal solid waste.
November 21, 2024 at 11:22 PM
Hey! Possible I'm missing something, but are you talking about the storage category (in purple)? "Other" (in grey) is quite small in recent quarters ($85m in Q3). To your question, "other" captures hydro, geothermal, biomass, landfill gas, and municipal solid waste.