Average annual investments in production assets by technology category, 2020 and 2025, and in the Stated Policies Scenario and Net Zero Emissions by 2050 Scenario, 2031-2035

Notes

2025 values are estimated. STEPS = Stated Policies Scenario; NZE = Net Zero Emissions by 2050 Scenario; Investments in production assets refers to manufacturing or production equipment. Clean energy technologies include battery cells, anodes and cathodes; electric cars; solar PV modules, cells, polysilicon and wafers; wind towers, blades and nacelles; heat pumps; and electrolysers. Alternative fuels include advanced biofuels, low-emissions hydrogen and hydrogen-based fuels.