Renewable Energy

There has been a significant shift in the renewable energy market over the last ten years. Previously, the incremental development and high costs of renewable energy discouraged growth in the industry, but in recent times, advancements in the commercial and technological arena have transformed the landscape. Now, renewables are competing on a similar scale to fossil fuels for global investment. Between 2006 and 2015, investment in renewable energy totalled $2.2 trillion.

Historically, the incremental development and high costs of renewable energy discouraged the rapid expansion of that industry. But recent shifts in the commercial and technological landscape signal a transformative moment for renewable energy, which now presents a credible challenge to fossil fuels in the competition for global investment.