The Sound of Economics
Counting sunshine: Solar energy data and public policy
Oct 29, 2024
Ben McWilliams, a clean technology data analyst at Bruegel, and Marie Tompa, a Senior Analyst at Rhodium focusing on clean tech investments, discuss the solar energy transition. They explore how investment data can significantly influence public policy, particularly in the EU and US. The conversation highlights a surge in US clean technology investments post-Inflation Reduction Act, and the need for a European energy data agency to enhance transparency. Key insights reveal the vital role of solar energy in achieving climate goals and the competitive landscape of the clean energy market.
31:00
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Quick takeaways
- The podcast highlights the importance of improved data on solar energy deployment to create effective public policies supporting clean energy transitions.
- It underscores the contrasting pace of clean technology investments between the U.S. and the EU, emphasizing the need for Europe to enhance its solar manufacturing capabilities.
Deep dives
The Importance of Solar Deployment and Climate Policy
The discussion emphasizes the crucial role of solar deployment in achieving the European Union's ambitious goals for decarbonizing electricity grids and fulfilling international obligations such as the Paris Agreement. The deployment rates of solar energy are a key indicator of the progress made in climate policy and reflect the urgency of transitioning to renewable sources. Additionally, there is growing concern in Europe regarding reliance on Chinese manufacturing, leading to increased focus on local production capacities. This shift in narrative highlights the need for a balanced approach that values both deployment and manufacturing capabilities in the solar sector.
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