16 Nov '11, 4pm

Renewable Energy Investment To Double Globally By 2020 - But Is Just One-Third Of What's Needed

Renewable Energy Investment To Double Globally By 2020 - But Is Just One-Third Of What's Needed

Just after releasing a report showing that wind power will be soon easily cost competitive with natural gas, Bloomberg New Energy Finance has released a new analysis of how renewable energy investment will change in coming decades. The good news, as you can tell from the headline, is that by 2020 it will be double what it is today, and nearly triple current levels by 2030. The bad news is that by 2030 the analysis shows that, with this level of clean energy investment, just 15.7% of total energy production will come from renewable sources, including large-scale hydropower—an increase of just 3.1% from today. By 2020 Bloomberg NEF says, annual global spending on renewable energy will rise to $395 billion, up from $195 billion in 2010. By 2030 that will rise to $460 billion. The Global Renewable Energy Market Outlook says that Europe will remain one of the biggest markets fo...

Full article: http://www.treehugger.com/energy-policy/renewable-energy-...

Tweets

Global renewable energy investment to double ov...

businessgreen.com 16 Nov '11, 2pm

Global investment in renewable energy infrastructure will double over the next 10 years, soaring to $395bn a year by 2020,...

The push is on to discredit clean energy investment

The push is on to discredit clean energy invest...

grist.org 16 Nov '11, 2pm

When it rains it pours. There's always been a tension in U.S. culture between two competing narratives. On one hand, Ameri...

Major investment needed to avert global food cr...

e360.yale.edu 16 Nov '11, 3pm

16 Nov 2011: Major Investment Needed To Avert Food Crisis, Study Says An international commission says billions of dollars...

Isle of Wight aims for net energy exports by 20...

renewableenergyfocus.com 16 Nov '11, 10pm

The EcoIsland Partnership Community Interest Company (CIC) has just been launched as a Global Innovation Centre for Smart ...

In the Bag: Pre-Black Friday Sales One more week and one of the biggest sales of the year will be upon us – Blac...

In the Bag: Pre-Black Friday Sales One more wee...

pursepage.com 18 Nov '11, 8pm

One more week and one of the biggest sales of the year will be upon us – Black Friday. This is the day that retailers pull...

New world record set for share of wind power in energy mix

New world record set for share of wind power in...

renewableenergymagazine.com 16 Nov '11, 12pm

According to Xcel Energy, 9 percent of all the power it provides comes from wind power, and by 2020, it projects that this...

Renewable Energy in Spain: Details on the Gover...

renewableenergyworld.com 19 Nov '11, 10pm

In September 2008, Royal Decree 1578/2008 introduced a new pre-registration system for PV projects. Once the 400-MW cap es...

@carlosbarbas a ver quiero hacerme las puntas c...

fashiontoast.com 21 Nov '11, 11am

Outside the Shibuya station on a cold morning, capitalizing on the opportunity to wear this beautiful shearling vest that ...

China passes US in clean energy investment

renewableenergyfocus.com 28 Nov '11, 5pm

"Our country is sitting on the sidelines as the equivalent of 16% of our GDP is up for grabs," says Joshua Freed, Third Wa...

The Makings of a U.S. Energy Policy in San Antonio by @CPSEnergy's EVP & Chief Sustainability Officer, Cris Eugster

The Makings of a U.S. Energy Policy in San Anto...

renewableenergyworld.com 16 Nov '11, 5pm

The basic tenet of our strategy is one of diversification and risk management. Why put all of your eggs into one basket? I...

just blogged on my current shotglass solutions.

I know very few solutions come at the bottoms of shot glasses. Till I traded excessive alcohol for expresso's. And I am ha...

KMPG renewable energy report remains shrouded i...

businessgreen.com 18 Nov '11, 1am

KMPG is still working on a controversial report that is expected to call on the government to completely overhaul its curr...

New studies of the 'gap' between commitments an...

unep.org 25 Nov '11, 10am

The Bridging the Gap: An Assessment is a follow-on to the UNEP 2010 report Emissions Gap: A Preliminary Assessment. It exp...

The Last Word: Plugging the Investment Gap

The Last Word: Plugging the Investment Gap

renewableenergyworld.com 10 Nov '11, 2pm

In the past few weeks figures have emerged from Prequin (the investment data firm) that proved something we have come to s...