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While the global recession of 2008-2013 has meant slowed growth across many sectors, the renewable energy market has seen continued investment. Growing interest and political pressures mean that governments worldwide have continued to encourage development and investment in this sector. As such, global capacity has continued to grow, albeit at a slower pace than in 2008.
This NRG Expert report contains an overview of the global market for renewable energy, and covers renewable energy technology, renewable energy companies, public demand and future prospects. This allows for an examination of the effects of the recession on the global renewable energy market. It provides interesting insight into how the renewable energy market will continue to grow in times of recession given sufficient government and public interest.
This report has a global perspective, meaning that industries the world over are examined. It contains summaries of the following renewable energy market sectors:
- Wind Power
- Hydroelectric Power
- Solar Photovoltaics
- Solar Thermal
- Biomass Energy
- Ocean Energy Conversion
- Geothermal Energy
Detailed technical descriptions of current technologies are also included, along with a by-country focus on national renewable infrastructure.
Reasons to Purchase this Renewable Energy Market Research
- Gain insight into the role of government and public interest in the development of the renewable energy market
- Examine the historical trends of the renewable energy market across over 100 nations
- Review intelligence and technical descriptions for the current and most important renewable energy technologies
- Examine detailed descriptions of historical developments in the biggest players in this sector
- Understand the effects of tariffs and other incentives on this sector
Background to this Renewable Energy Market Research
Security and supply issues continued to motivate governments to invest in renewable capacity throughout the recession years
- This trend of government interest in renewable energy development appears likely to continue
- Growth in this sector appears likely to continue, with some nations emerging as technological leaders
Highlights from this Energy Market Research
Considerable Hydroelectric Potential
Although there are hydroelectric projects under construction in about 80 countries, most of the remaining hydro potential in the world may be found in developing countries, particularly in South and Central Asia, Latin America and Africa. Individual countries outside of these regions with remaining hydropower are Canada, Turkey and Russia.
Wind Power has Emerged as a Success Story
Wind power has been a remarkable success story in terms of establishing itself as a mainstream energy resource. Its growth seems certain to continue and that it will be an increasingly valuable source of electricity generation in the future. This should not close our eyes to its deficiencies.
Biogas in the Developing World
Biogas plants are among the most useful decentralised sources of energy supply. Unlike the centralised energy supply technologies, such as power plants based on hydroelectricity, coal, oil or natural gas, that have hitherto been the only choices open to rural communities, biogas plants do not require big capital to set up, and do not pose environmental problems that excite public opposition. Instead, in most cases, they offer solutions to existing environmental problems, and many unexpected benefits besides.