Back to OurEnergyLibrary search

Two Paths to US Competitiveness in Clean Technologies

Two Paths to US Competitiveness in Clean Technologies

Full Title: Two Paths to US Competitiveness in Clean Technologies
Author(s): Karan Mistry, Nico deLuna, Tina Zuzek-Arden, Thomas Baker
Publisher(s): Boston Consulting Group, Third Way, and Breakthrough Energy
Publication Date: March 21, 2023
Full Text: Download Resource
Description (excerpt):

The transition to a clean energy economy is not just critical for addressing climate change, but it is also an opportunity to spur American economic growth, create millions of jobs, and cement America’s position as a global leader in the clean energy marketplace.

In the second installment of a report commissioned by Third Way and Breakthrough Energy, Boston Consulting Group (BCG) examines four additional emerging clean technologies, for a total of ten, that are set to play a major role in the energy transition: geothermal, carbon capture utilization and storage (CCUS), offshore wind, and solar. Analysts studied the value chain of each technology, from the acquisition of raw materials through after-market services, assessing the exact segments that US industries can build a lasting competitive advantage, and offering policy guidance for the first six technologies.

BCG estimates the priority value chain segments within these four technologies will have a cumulative global market size of $70 trillion between now and 2050, and US industries are well-positioned to grab a large share. Investment across all ten clean energy technologies will create innumerable good-paying jobs, many of which will not require a four-year college degree, and ensure that American energy is affordable, reliable, secure, and clean.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

Sign up for our Press Release Distribution List

    Your Name (required)

    Your Email (required)

    Please sign me up to receive press releases from