Note
The Stakes for Energy Costs in Budget Reconciliation
We estimate how much energy costs could rise for households and industry if Congress chooses to roll back and repeal key pollution regulations and energy tax credits.
Energy & Climate
Rhodium Group’s Energy & Climate practice analyzes the effects of policy and market developments on greenhouse gas emissions and energy systems, and provides actionable information about the impacts of climate change. We help public and private decision-makers understand what kind of climate and energy future we are on track for, and what matters most for reducing greenhouse gas emissions—at the state, national, and international levels.
Learn more about our team and our work
About usOur Research
By combining policy expertise with a suite of detailed energy-economic models, our research provides unique, data-driven insights into the impacts of energy and climate change policy and real-world developments on greenhouse gas emissions, energy markets, economic output, and clean technology pathways.
Latest research
Note
The Potential for Geothermal Energy to Meet Growing Data Center Electricity Demand
Next-generation geothermal energy has a number of advantages in meeting growing electricity demand from data centers. We estimate how much of this demand could potentially be served by geothermal over the next decade.
Note
Transatlantic Clean Investment Monitor: A Perspective on Batteries
This note is the third in a series of quarterly briefings comparing clean technology deployment and manufacturing trends in Europe and the United States as part of a collaboration between Bruegel and Rhodium Group.
Report
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 the previous quarter but a 6% increase from the same period in 2023.
Note
Assessing the Greenhouse Gas Emissions of the US Petrochemical Industry
One key driver of sustained industrial emissions is the growth of emissions associated with petrochemical manufacturing in the US, which we estimate could rise by 6-32% by 2030 over today's levels.
Note
Unpacking the Technology and Policy Landscape for Transportation Decarbonization
Decarbonization in the transportation sector faces three key barriers: cost, namely a “green premium,” a slow pace of stock turnover, and limits on the availability of feedstocks and fuels.
Report
The Benefits of Innovation: An Assessment of the Economic Opportunities of Highly Durable Carbon Dioxide Removal
The emerging industry of CDR encompasses an array of innovative solutions that are ready for takeoff. On top of climate change mitigation, industrial scaling will have widely distributed economic, social, and environmental benefits.
Courtesy of Charm Industrial
Courtesy of Charm Industrial
Note
Preliminary US Greenhouse Gas Emissions Estimates for 2024
Since peaking in 2004, US emissions have trended downward in a bumpy fashion. But after a significant decline in 2023, we estimate that 2024 emissions were down by just 0.2% year-on-year while the economy grew by 2.7%.
Data and Tools
Trustworthy, integrative data is at the core of Rhodium’s research and services. Our team uses a suite of custom-built datasets and energy-economic models to analyze the effects of policy and market developments on energy systems and greenhouse gas emissions at the international, US, and state levels.
Data platforms and collaborations
The ClimateDeck
The ClimateDeck—a partnership of Rhodium Group and Breakthrough Energy—provides global and US 50-state greenhouse gas (GHG) emissions inventory data and projections, energy market outlooks, and analysis of energy and climate policy developments.
The Clean Investment Monitor
The Clean Investment Monitor, a joint project with MIT’s Center for Energy and Environmental Policy Research, tracks public and private investments in the full landscape of climate technologies in the United States.
The Climate Impact Lab
The Climate Impact Lab combines climate science, econometrics, and big data analytics to advance understanding of the real-world social impacts and economic costs of climate change.
Our work in the news
Footnotes
1.
Using Stanford temperature-at-depth data yields directionally similar results. In the 20% green premium baseline, we find 56-62% the national deployment we report for the Project InnerSpace temperature-at-depth maps. At a 50% green premium, this increases to 76-89% of capacity reported above. Regionally, 13 of 15 top markets for deployment are the same between the two cases.
2.
Europe in this note is defined as the EU-27, Norway, Switzerland, and the UK.
3.
The description of the manufacturing process is accurate for the most common type of batteries, including lithium-ion. Advances in sodium-ion chemistries or solid state cells are exciting but, for simplicity, are not covered.
4.
Assuming a battery pack size of 60 kWh.
5.
Assuming GWP20, US petrochemical lifecycle emissions total 340 to 445 MMT of CO2e per year in 2023.
6.
Under a GWP20, primary petrochemical emissions total 140 to 214 MMT of CO2e per year.
7.
Assuming GWP20, derivative emissions total 110 to 140 MMT of CO2e per year.
8.
Assuming GWP20, the range of 2030 emissions is 351 to 603 MMT of CO2e.
9.
Induced jobs are those resulting from increased spending by workers (e.g., an increase in restaurant workers due to project workers dining out).
10.
Induced jobs are those resulting from increased spending by workers (e.g. an increase in restaurant workers due to project workers dining out).