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Charlotte McClintock @cmcclintock.bsky.social · Jun 13

www.are.na

Charlotte McClintock @cmcclintock.bsky.social · May 13

Full report is here: www.cleaninvestmentmonitor.org/reports/q1-2... & data is available for download - reach out to [email protected] 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

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Charlotte McClintock @cmcclintock.bsky.social · May 13

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.

Table showing top 20 states by operational jobs from outstanding facilities, led by Georgia, Texas, Michigan, South Carolina

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Charlotte McClintock @cmcclintock.bsky.social · May 13

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

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Charlotte McClintock @cmcclintock.bsky.social · May 13

New out today from my team @rhodiumgroup.bsky.social - $321B has been invested since the passage of the IRA in Q3 2022 and $522B is currently outstanding, including projects that are announced or under construction. 75% of outstanding investment is in R districts. (fig below from NYT)

Figure showing spending/pending investment for Republican and Democratic districts showing $388 billion pending in R districts and 121 pending in D districts

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Charlotte McClintock @cmcclintock.bsky.social · Apr 29

super compelling takes! and a strong title

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

graph of retail investment, showing growth in ZEVs, mostly flat for heat pumps, distributed generation

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

Industry investment was flat, with the majority of investment still in SAF.

graph of industry investment, showing flat investment over the previous six quarters

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

chart of actual energy investment, showing declines in the past four quarters

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

manufacturing investment timeseries, showing increases in 2023 and leveling off in 2024

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

chart of investment by quarter, showing strong increases

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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.

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

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)

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Charlotte McClintock @cmcclintock.bsky.social · Feb 28

Q4 investment numbers are out for the Clean Investment Monitor.

*New this quarter* - we present a breakdown of the past 2.5 years of clean investments mapped to the congressional district boundaries in effect for the 119th Congress.

www.cleaninvestmentmonitor.org/reports/clea...

Clean Investment Monitor: Q4 2024 Update

In the final quarter of 2024, clean energy and transportation investment in the United States totaled $70 billion, reflecting a slight 1% decline from Q3.

www.cleaninvestmentmonitor.org

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Charlotte McClintock @cmcclintock.bsky.social · Dec 24

woah! thanks for the head up!

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Charlotte McClintock @cmcclintock.bsky.social · Dec 23

genuinely welcome hole-poking and critical feedback, i would love to understand all the possible reasons for/against!

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Charlotte McClintock @cmcclintock.bsky.social · Dec 23

afternoon hack project: trying to find out when it makes sense to buy vs. rent in an expensive city shouldibuyahouse.streamlit.app

screenshot of an interactive web app that compares buying a house to renting

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Reposted by Charlotte McClintock

Rhodium Group @rhg.com · Nov 26

Hello Bluesky! We're Rhodium Group, an independent research provider with two main areas of expertise: China’s economy and policy dynamics, and global climate change and energy systems.

If you're interested in data-driven research in either of those fields, you'll find it here!

About – Rhodium Group

Rhodium Group is an independent research provider with deep expertise in policy and economic analysis. We help decision-makers in both the public and private sectors navigate global challenges through...

rhg.com

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Charlotte McClintock @cmcclintock.bsky.social · Nov 25

iconic

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Charlotte McClintock @cmcclintock.bsky.social · Nov 21

super cool way to visualize the data!!

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Charlotte McClintock @cmcclintock.bsky.social · Nov 21

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.

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