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IS RENEWABLE ENERGY A GROWING ASSET CLASS

  • By 2030, 70% of new power generation is expected to come from renewable sources.1
  • Investment in renewable energy generation capacity (renewable power plants) is expected to total $7 trillion over the next 20 years. 2
  • 235 gigawatts of new generating capacity (including end-use combined heat and power) are projected to be added between 2011 and 2035.3
  • What’s driving growth?
    • growing energy demand,
    • the aging and retirement of existing power plants
    • the continuing falling cost to build renewable energy power plants

There is no guarantee that these trends will continue or that we will be able to take advantage of them.

  1. Bloomberg New Energy Finance, November 2011.
  2. Bloomberg New Energy Finance, April 2013
  3. Energy Information Administration, Annual Energy Outlook – Early Release December 2012

 

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