Industrial strategies for the competitive development of renewable energy ecosystems

OnlineNov 18, 2024 | 12:30 PM - 2:00 PM

Description

The global transition to net-zero emissions requires the rapid and large-scale deployment of renewable energy. However, this shift faces complex challenges, including supply chain vulnerabilities, a critical shortage of specialised skills, and the urgent need to develop new technologies for cost reduction, improved recycling, and the use of alternative materials. These multifaceted issues call for an "ecosystem" approach to developing effective industrial strategies. As countries strive to build competitive renewable energy capacities while maintaining strategic autonomy, key questions arise. How can we design industrial policies that foster innovation without distorting markets? What strategies can effectively address the skills gap in the renewable energy sector? How can we leverage international collaboration to accelerate technological advancements and cost reductions while ensuring fair competition? Moreover, how can existing frameworks be strengthened to support the urgent need for climate change mitigation? Building on new OECD analysis of the Renewable Energy Ecosystem, this session will explore these critical issues and examine the role of international co-operation in improving policymaking in the renewable energy ecosystem. By bringing together policymakers, industry leaders, and experts, we aim to identify effective strategies that can accelerate the renewable energy transition while balancing economic competitiveness, energy security, and global climate goals.

Moderated by

Joseph Cordonnier

OECD

Policy Analyst, Environment Directorate

Opening remarks

Jens Lundsgaard

OECD

Speakers

JMB

José Miguel Benavente

CORFO (Chilean Economic Development Agency)

Executive Vice President and CEO

https://www.linkedin.com/in/jos%C3%A9-miguel-benavente-3640a331/?originalSubdomain=cl

Antoine Dechezlepretre

OECD

Senior Economist, Science Technology and Innovation Directorate

https://www.linkedin.com/in/antoine-dechezlepr%C3%AAtre-a1635111/?originalSubdomain=fr

AHS

Anne Højer Simonsen

Dansk Industri

Deputy Director

https://www.linkedin.com/in/annehojersimonsen/?originalSubdomain=dk

Jacek Truszczynski

European Commission DG GROW

Deputy Head of Unit ‘Net Zero Industries’

https://www.linkedin.com/in/jacek-truszczynski-02a419262/?originalSubdomain=be

Find out more Related resources

This paper analyses bottlenecks in the renewable energy ecosystem and explores policy solutions by examining trade, innovation, M&A, jobs, and skills data. The analysis reveals three key findings: first, the renewable energy ecosystem spans multiple sectors beyond electricity production, with machinery, computer and electronics, and scientific and technical activities playing central roles in innovation activity and job creation; second, supply chain concentration is increasing for both capital goods and critical raw materials, creating dependencies on key supplier countries; and third, while innovation offers a pathway to address these dependencies through developing leading-edge manufacturing capabilities and material substitutes, patenting activity in renewable technologies is declining.

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