Solar and wind move from mainstream to preferred energy source
2018 global renewable energy trends
Renewable energy is quickly becoming the preferred energy source after only recently having become “mainstream”. Driven by changing consumer needs and technological innovation, solar and wind energy can not only compete with conventional energy sources, but even win.
3 key enablers
The power sector is subject to rapid developments, which have led to the rise of solar and wind energy. Previous obstacles to widespread deployment of renewables have lifted thanks to 3 key enablers:
- Parity: due to recent developments, solar and wind energy generation can beat conventional sources on pricing, while matching their performance.
- Integration: the integration of solar and wind energy sources can help solve grid problems that conventional sources can’t.
- Technology: solar and wind energy generator developers are seizing leading technologies to get ahead of conventional sources.
These developments help solar and wind energy come closest to meeting three key energy consumer priorities: cost effectiveness, decarbonization, and reliability, which can shift the balance in the power sector.
This report outlines the key global renewable energy trends that will transform the renewable energy landscape and help companies seize opportunities, adapt to new circumstances, anticipate future changes, and identify new business opportunities.
Global Renewable Energy Trends Report 2018
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For more information about trends of renewable energy sources, contact Jeroen van der Wal or Jasper de Bruin via the details below.