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Global Renewable Energy Outlook, 2018
Renewable Power Generation Capacity to Grow by 13.3% in 2018, Led by Solar PV and Wind Power
17-Aug-2018
Global
Market Outlook
K2AC-01-00-00-00
EG01902-GL-MO_22194
Frost & Sullivan’s renewable energy outlook finds that the global market will close out 2018 with 154.6 GW of new renewable power generation capacity and $228.3 billion in investments. The investments in power generation is forecast to decline slightly by (-0.7%) over 2017 due to reductions in solar capacity additions in China, but this restraint will be offset by the growth in most technologies and regions.
Wind and solar PV will continue to grow strongly, while biomass, geothermal, and small hydro will expand steadily but at a slower pace, and the ocean power sector will strive to get the right support to take off.
Renewable technologies are being adopted rapidly across all regions, with very few countries being left out of the market. Latin America, and Africa and the Middle East will experience the greatest growth in installed capacity during 2018, at 20.1% and 52.3%, respectively, due to their small installed base. Asia will be responsible for 58% of the total capacity growth in 2018.
Globally, feed-in-tariffs (FiTs) have been the preferred method to obtain investments in renewables. However, an increasing number of countries are progressively cutting subsidies, compelling the renewables industry to rely on competitive auctions and private sector power purchase agreement (PPAs).
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• Frost & Sullivan has a robust and proven research methodology that delivers high-quality findings. It has established relationships with leading participants in the renewable energy market value chain, which has helped it conduct primary research for the purpose of its research services.
• Frost & Sullivan is a subject matter expert with 35 years of energy and environment experience researching and tracking energy markets, and generating reliable information.
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Key Issues Addressed
- What is the expected annual investment for each renewable technology type in 2018 in key regions?
- What is the forecast added capacity by renewable technology type in 2018 and what is the projected capacity for 2025?
- What are the key trends that are likely to impact the renewable energy industry moving forward?
- Which are the key companies participating in the industry by renewable technology type?
- What are the key regional trends that industry participants must consider?
Predictions for 2018
Global Renewable Power Generation Market Investment Trends
Installed Capacity Forecast
Key Regional Market Highlights in 2018
Installed Capacity Vision to 2025
Research Scope
Research Definitions and Information Sources
Geographic Segmentation
Key 2018 Renewables Power Market Trends
Trend 1—Solar Rules
Trend 2—The China Effect
Trend 3—Power Storage on the Rise
Trend 4—Foreigners Accepted
Trend 5—Offshore Wind Expansion
Solar Power Market Outlook 2018
Key Regional Market Highlights in 2018
Solar Power Market Capacity Trends
Global Solar Power Market Investment Trends
Key Solar Power Market Participants
Solar Power Market Vision to 2025
Wind Power Market Outlook 2018
Global Wind Power Market Capacity Trends
Global Wind Power Market Investment Trends
Key Regional Market Highlights in 2018
Key Wind Power Market Participants
Wind Power Market Vision to 2025
Biomass Power Market Outlook 2018
Global Biomass Power Market Capacity Trends
Global Biomass Power Market Investment Trends
Key Regional Market Highlights in 2018
Key Biomass Power Market Participants
Global Biomass Power Market Vision to 2025
Ocean Power Market Outlook 2018
Global Ocean Power Market Capacity Trends
Global Ocean Power Market Investment Trends
Key Regional Market Highlights in 2018
Key Ocean Power Market Participants
Global Ocean Power Market Vision to 2025
Small Hydropower Market Outlook 2018
Global Small Hydropower Market Capacity Trends
Global Small Hydropower Market Investment Trends
Key Regional Market Highlights in 2018
Key Small Hydro Power Market Participants
Small Hydropower Market Vision to 2025
Geothermal Power Market Outlook 2018
Geothermal Power Market Capacity Trends
Geothermal Power Market Investment Trends
Key Regional Market Highlights in 2018
Key Geothermal Power Market Participants
Geothermal Power Market Vision to 2025
Growth Opportunity 1—Hybrid Systems
Growth Opportunity 2—Aftermarket Services
Growth Opportunity 3—Latin America
Growth Opportunity 4—IoT, Cloud, and Data Analytics
Strategic Imperatives for Energy Companies
Key Conclusions
Legal Disclaimer
Table of Acronyms Used
List of Exhibits
List of Figures
- 1. Renewable Power Generation Market: Installed Capacity Forecast by Region and Source, Global, 2018
- 2. Solar Power Market: Market Outlook, Global, 2018
- 3. Wind Power Market: Market Outlook, Global, 2018
- 4. Biomass Power Market: Market Outlook, Global, 2018
- 5. Ocean Power Market: Market Outlook, Global, 2018
- 6. Small Hydropower Market: Market Outlook, Global, 2018
- 7. Geothermal Power Market: Market Outlook, Global, 2018
List of Charts
- 1. Renewable Power Generation Market: Investment Forecast by Region, Global, 2017 and 2018
- 2. Renewable Power Generation Market: Installed Capacity Forecast by Source, Global, 2017 and 2018
- 3. Renewable Power Generation Market: Installed Capacity by Technology Type, Global, 2017
- 4. Renewable Power Generation Market: Installed Capacity by Technology Type, Global, 2025
- 5. Renewable Power Industry Outlook: Solar PV Additions Forecast by Region, Global, 2017 and 2018
- 6. Renewable Power Industry Outlook: Grid-scale BESS Operational Installed Capacity Forecast, Global, 2017 and 2018
- 7. Renewable Power Industry Outlook: Hot Spots Markets for Offshore Wind, Global, 2017–2018
- 8. Solar Power Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 9. Solar Power Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 10. Solar Power Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
- 11. Wind Power Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 12. Wind Power Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 13. Wind Power Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
- 14. Biomass Power Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 15. Biomass Power Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 16. Biomass Power Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
- 17. Ocean Power Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 18. Ocean Power Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 19. Ocean Power Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
- 20. Small Hydropower Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 21. Small Hydropower Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 22. Small Hydropower Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
- 23. Geothermal Power Market: Installed Capacity Forecast by Region, Global, 2017 and 2018
- 24. Geothermal Power Market: Capacity Investment Forecast by Region, Global, 2017 and 2018
- 25. Geothermal Power Market: Vision to 2025 Installed Capacity Forecast by Region, Global, 2017 and 2025
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