Market value of imbalances between supply from existing and announced projects and demand in the Announced Pledges Scenario for key clean technologies, 2030

Notes

Market imbalances are computed as the projected output from existing and announced projects (as of end-Q1 2023) less APS deployment needs for each country/region in 2030. Negative values indicate the potential value of net imports and positive values indicate the potential value of net exports. Figures are computed based on the value of the final manufactured technology (e.g. solar PV modules), with trade in intermediate components (e.g. cells) and materials (e.g. polysilicon) being outside the scope of the analysis. All domestic production is first used to meet domestic deployment needs, irrespective of existing trade patterns.