| Characteristic | Domestic supply from announced projects (as of late 2022)* | Domestic supply from announced projects (as of end Q1 2023)** | Domestic demand: Announced Pledges Scenario |
|---|---|---|---|
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
| - | - | - | - |
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May 2023
Worldwide
2023
Figures are expressed in undiscounted 2021 U.S. dollars.聽
The Announced Pledges Scenario (APS) assumes that governments will meet, in full and on time, all the climate-related commitments they have announced, including longer-term net-zero emissions targets and Nationally Determined Contributions (NDCs), as well as commitments in related areas such as energy access. It does so irrespective of whether these commitments are underpinned by specific policies to secure their implementation. Pledges made in international for a and initiatives on the part of businesses and other non-governmental organizations are also taken into account wherever they add to the ambition of governments.
*As of late 2022 corresponds to the project pipeline assessed for ETP-2023, including project announcements through to the end of November 2022. 鈥淒omestic supply from announced projects". **As of end-Q1 2023鈥 corresponds to projects announced through to the end of March 2023.
Key technologies include solar PV, wind, batteries, electrolyzers and heat pumps.
Market size is calculated based on the unit cost for each technology in the APS, excluding installation and construction costs. All market sizes and revenues are expressed in undiscounted 2021 U.S. dollars.聽
