Power Generation

Hydropower will remain the leading source of electricity in Latin America throughout the forecast period (2024 to 2035), but renewable energy (RE) will experience substantial increases. Utility solar photovoltaic (PV) power and onshore wind dominate total investment. Latin America s offshore wind sector is far less developed than those of Europe or...

The Russo-Ukrainian war has dealt a massive energy shock to Europe, galvanizing policymakers into action. 2023 saw a raft of legislation being finalized, leading to the creation of a legal framework to drive investment in clean technologies. The implementation of these policies will be critical to their effectiveness. Many of the easy decisions hav...

Concerns about climate change and carbon emissions have put enormous pressure on nations to reduce emissions and move toward carbon neutrality. Decarbonization of industry, transport, heating, and energy has become imperative, and stakeholders must act now to reach climate targets and prevent further damage to the environment. The global electro...

17 Aug 2018  |  Global  |  Market Outlook

Global Renewable Energy Outlook, 2018

Renewable Power Generation Capacity to Grow by 13.3% in 2018, Led by Solar PV and Wind Power

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Key Issues Addressed

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...

With the recent plunge in crude oil prices, it is a good time to think about the relationship between crude oil and the energy and environment markets. Many believe that the downward trend is temporary, with superficial impact on the markets. Although prices continue to plummet, industry challenges and operation cost still remain acute such as cost...

Will oil prices continue to fall and what will be the impact? Could the lower price threaten investment in renewable energy? Could battery innovation lead to the widespread adoption of energy storage? Will LED lighting go mainstream? Will desalination make a comeback? How could X-as-a-Service business models revolutionise the building sector? There...

Renewable energy has made strong advances in the power generation fuel mix in many developed and developing nations in the past decade. Energy-hungry nations are increasingly turning to renewables in order to meet their rapidly increasing demand. While some better established sources of renewable power, such as small hydro, biomass, wind, and incre...

This annual global power and energy outlook provides an updated insight of the key developments in the power and energy sector, with particular focus on the significant events in the last 12 to18 months and likely implications for the future. It offers insights on a number of key markets and highlights the growth opportunities and challenges for th...