Report from UNEP-Frankfurt School analyses the 17% rebound in investment last year
London and New York, 31 March – Global Trends in Renewable Energy Investment 2015 is the eighth edition of the United Nations Environment Programme (UNEP) report. Based on data from Bloomberg New Energy Finance, it has become the world’s foremost reference document on renewable energy investment, and for the examination of trends by region, country, sector and investment type.
The report, commissioned by the Frankfurt School-UNEP Collaborating Centre, can be downloaded from http://fs-unep-centre.org/publications/global-trends-renewable-energy-investment-2015
The 86-page document is packed full of information on the deals, issues and policy moves that lay behind the 17% rebound in world renewable energy investment to $270.2bn in 2014 – the first increase for three years. Including no fewer than 59 charts, it finds that renewable power excluding large hydro increased its share of total world electricity generation from 8.5% in 2013, to 9.1%. The report discusses the potential impact on renewables of the oil price fall, and the encouraging trends on the cost of generation from wind and solar.
There is also a special chapter entitled “Structural challenges in the electricity system”, which examines new barriers facing renewables such as grid access charges for owners of small-scale solar, and old barriers such as the entrenched position of national power monopolies in some developing countries. It also looks at new challenges created by the rising shares of wind and solar in the generation mix in many developed economies.
The Global Trends report cites statistics on renewable energy investment. These differ from Bloomberg New Energy Finance’s clean energy investment total published earlier this year, because clean energy includes not only renewables but also energy smart technologies such as smart grid, efficiency, advanced transportation and power storage.
Bloomberg New Energy Finance plans to publish statistics for clean energy investment in the first quarter of 2015 in the coming days.
Bloomberg New Energy Finance
+44 203 216 4795
ABOUT BLOOMBERG NEW ENERGY FINANCE
Bloomberg New Energy Finance (BNEF) provides unique analysis, tools and data for decision makers driving change in the energy system. With unrivalled depth and breadth, we help clients stay on top of developments across the energy spectrum from our comprehensive web-based platform. BNEF has 200 staff based in London, New York, Beijing, Cape Town, Hong Kong, Munich, New Delhi, San Francisco, São Paulo, Singapore, Sydney, Tokyo, Washington D.C., and Zurich.
BNEF products fit your daily workflow, streamline your research, sharpen your strategy and keep you informed. BNEF’s sectoral products provide financial, economic and policy analysis, as well as news and the world’s most comprehensive database of assets, investments, companies and equipment in the clean energy space. BNEF’s regional products provide a comprehensive view on the transformation of the energy system by region.
New Energy Finance Limited was acquired by Bloomberg L.P. in December 2009, and its services and products are now owned and distributed by Bloomberg Finance L.P., except that Bloomberg L.P. and its subsidiaries (BLP) distribute these products in Argentina, Bermuda, China, India, Japan, and Korea. For more information on Bloomberg New Energy Finance: http://about.bnef.com, or contact us at firstname.lastname@example.org for more information on our services.
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Professional service, which provides real time financial information to more than 319,000 subscribers globally. Bloomberg’s enterprise solutions build on the company’s core strength, leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. Through Bloomberg Government, Bloomberg New Energy Finance and Bloomberg BNA, the company provides data, news and analytics to decision makers in industries beyond finance. And Bloomberg News, delivered through the Bloomberg Professional service, television, radio, mobile, the Internet and three magazines, Bloomberg Businessweek, Bloomberg Markets and Bloomberg Pursuits, covers the world with more than 2,400 news and multimedia professionals at more than 150 bureaus in 73 countries. Headquartered in New York, Bloomberg employs more than 15,500 people in 192 locations around the world. For more information visit www.Bloomberg.com/now/