2030 Market Outlook – By Bloomberg.
The rapid growth of Renewables across the world is set to to keep increasing. According to the very latest forecast issued by Bloomberg New Energy Finance’s (BNEF) 2030 Market Outlook, Renewable energy could represent up to 65% of the $7.7 trillion in new power plant investments and 60% of all new capacity additions expected over the next 15 years. The rapid fall in solar photovoltaic (PV) costs will power renewables’ rise. Wind energy will also contribute to the boom – combined with solar, the two technologies will grow their share of global generation from 3% in 2013 to 16% in 2030.