IEA: By 2030, the market value of clean energy technology may reach 650 billion US dollars

On January 12, the International Energy Agency (IEA) said that because many countries and regions' governments are introducing industrial policies with renewable energy as the core, the value of clean energy technology market may reach 650 billion dollars per year by 2030.

IEA predicts that if the governments of various countries and regions fulfill their commitment to promote this technology, the value of the green technology market, such as solar panels, electric vehicle batteries and electrolytic equipment for hydrogen production, will increase more than three times by 2030. IEA also said that at that time, the number of jobs in relevant manufacturing industries may surge from the current 6 million to nearly 14 million.

In recent years, many western governments have formulated plans to accelerate the promotion of renewable energy. A bill of the Biden government of the United States has reserved about 370 billion dollars for relevant energy projects; The EU has also formulated a detailed plan to spend a huge budget in the next five years to reshape Europe's energy supply, one of which is to seek to end its dependence on Russian natural gas. In addition, China, India and Japan have also formulated plans to take green energy as part of their industrial strategies.

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