Investment in renewable energy is changing, with those who were once the backbone of the market pulling out and new entrants increasingly taking up the slack.
"Efforts must be especially made in creating certainty for investors, reducing the administrative burden and increasing clarity in planning," said the European Commission in opening its consultation on a European climate and energy framework for 2030. We asked readers how such a framework should be structured to address their sector's current concerns, and which concerns are most important for promoting the sector's future development.
Fuelled by generous incentives, growth in the Italian renewable energy industry – especially solar PV – has been astonishing. But as the debt crisis ripples through the economy, will investment trends maintain historical levels while shifting to other renewable energies or flow away from Italy to emerging markets?
Prices for carbon credits under the European Union's Emissions Trading Scheme (EU ETS) recently plunged to new depths and to less than a tenth of their peak valuation of €30/tonne, seen in the heady distant days of spring 2006.
Improvements in cost-competitiveness mean that renewable energy will account for between 69 percent and 74 percent of new global power capacity added by 2030, new research by Bloomberg New Energy Finance shows.
Recent analysis of the 2011 global investment market has revealed that once again, renewables broke all previous records, albeit with growth at a rather more subdued pace than those with an interest in this industry are used to. With 2012 already scoring some big investment deals, $257 billion of total spending was reported by the Global Trends in Renewable Energy Investment Report (GTR) for 2012. Among the highlights was the performance of solar, which for the first time reported an appreciable gap in investment when compared with wind power.
While recent technological and policy developments in the U.S. and collaborations with arid nations will offer many benefits, each project will have different goals and present different challenges in addressing water availability issues in respect of renewable energy project development.
Europe is on a clean energy mission. The EU, national governments and individual regions and cities across the continent are all turning up the pressure to generate and consume energy from cleaner, more sustainable sources, and renewables are at the heart of that drive.
Cart your purchases out to the parking lot at the new Leavenworth, Kansas, Walmart after dark and you will be rolling into a high-efficiency lighting research lab. Since the store opened last summer, this patch of asphalt has been a test site that could help advance renewable energy one step closer to the mainstream
You would be hard pressed to name an industry or technology that's gone virtually unchanged since the 19th Century and yet which is still thriving today. But that is the story of the electricity transmission grid.