Global renewable energy trends has been saved
Global renewable energy trends
Solar and wind move from mainstream to preferred
Technological innovation, cost efficiencies, and increasing consumer demand are driving renewables—particularly wind and solar—to be preferred energy sources. We examine seven trends that are driving this transformation.
Renewable energy passed a new threshold in 2017, showing signs of becoming not only a mainstream energy source, but a preferred one. Solar and wind power now come closest to meeting three energy consumer priorities: reliability, affordability, and environmentally responsible.
The survey "Global renewable energy trends" explores three enabling trends that are helping solar and wind power compete on par with conventional sources:
- Price and performance parity on and off the grid
- Cost-effective and reliable grid integration
- Technology for automated, intelligent, blockchained and transformed renewables
A broad range of energy consumers—including cities, communities, emerging markets, and corporations—are increasing demand for renewables as they are best able to meet these consumers' cost, decarbonization, and reliability goals.