TowardaCleanEnergy-LedEconomicDevelopmentStrategyforSouthCarolinaElectricity24Industry20Transportation33Buildings4Sizeofbarsbasedoncurrentannualgreenhousegasemissions(millionmetrictonsCO₂e)HUMANNa,ncoifmnAFEntiiIMPACTJOBSAVOIDEDDEATHSAttacksInvestmentfromIRAThdtfthNtAitdthEPlSiltdtlitthttlidlAddtlittl/tthialnerodiFlalBot1aLYtRhY,1dl30,000CommercialBuildingsCleanFuels12,000FastChargersMOREE-BikesandWalkableCOMMUNITIESCleanEnergyEconomyOpportunityThischartdepictstheeconomicopportunityoftheenergytransitionbyshowingestimatedcleantechnologyinvestmentanddeploymentthrough2050acrossdifferentpartsoftheeconomyandtheassociatedbenefits.DevelopGreenManufacturing12BILLIONBatteryCells400MILLIONGALLONSGASOLINE-EQUIVALENTCleanHydrogenOOO9,000NewWindTURBINES11BILLIONKWHIndustrialElectrificationSTransitUse200,000ZeroEmissionTrucksH₂6,000MILESNewTransmission3MILLIONNewHeatPumpsINHOMES300MILLIONNewSolarPANELSMILLIONElectricCarsCoordination•Haveaplanforworkingwithfederalentitiestomaximizethebenefitsfromrecentlegislation.•Coordinatebetweenstateagenciesaroundsharedroadmaps,strategies,andsolutions.•Developmechanismsforcoordinatingbetweenpolicymakersandprivateindustryinstrategicindustries.•Proactivelycommunicatewithcommunitygroupstounderstandandovercomelocalinvestmentbarriers.SeizingtheCleanEnergyOpportunityin‘ThreeCs’StrategicPublic-PrivateFederalIndustrialPolicyCoordinationIncentiveUptakeCompetitivenessEducation&SkillsGapsIndustryPrioritizationConstraintsInnovationEcosystemSupplyChainNetworksPolicyEnvironmentCapitalAvailabilityDataGapsSouthCarolinaislikelytobemorecompetitiveinenergytransitionindustrieswhereithasrelatedexistingcapabilities.Moststateslackcoherentorcohesiveindustrialstrategiesforpriorityenergytransitionindustries.Theuseofincentivestoattractstrategicprojectscanbolstercompetitivenessandeconomicdevelopmentinaregioniftargetedappropriatelyandwhenconductedwithbest-practiceprogramdesign.SouthCarolinahasaonce-in-a-generationopportunitytotakeadvantageofprivatemomentumandpublicincentivesThreeCs:CompetitivenessRMI–Energy.Transformed."ValleyofDeath"challengesinconvertingacademicknowledgeandcapacitytoentrepreneurshipandproductsareongoing.SouthCarolinahasacompetitivemanufacturingindustrythatpositionsitwelltoattractnewcleantechinvestments.Corporatedemandfor24/7cleanelectricityandgreensupplychainsiscreatinggrowingsiting,permitting,andtransmissionchallenges.Growingdemandiscreatingworkershortagesandskillsgaps.SouthCarolina’seconomyandpopulationisbooming,creatingcapacitychallengesandinvestmentopportunities.Communityoppositionamidlegaciesofenvironmentalpollutionandeconomicinequalitywillhavetobeproactivelymanaged.ThreeCs:ConstraintsRMI–Energy.Transformed.SouthCarolinashouldincreaseitseffortstocoordinatewiththefederalgovernmenttomaximizebenefitsofnewlegislation.Inter-agencycoordination,ineffortssuchasPowerSC,canbepowerfulmechanismsofeconomicchange.Public-privatecoordinationcanhelpcreategloballycompetitiveclustersinstrategicindustries,suchasalongtheI-85corridor.ThreeCs:CoordinationRMI–Energy.Transformed."BuyClean"CleanStandardsPublicProcurementGovernor'sClosingFundEconomicDevelopmentSet-AsideJobDevelopmenCreditSupplyChainGapAnalysisEntrepreneurship&nnovationpoliciesR&DfaxcreditsSCNexusWorkforcedevelopmentWorkforcegapanalysisCleanenergycurriculumdevelopmentJobTrainingCleanElectricitySCPublic...