Publications

Off the grid: Finding the opportunities in power and grid storage depends on risk tolerances and  where the trends are headed
- July 1, 2020: Vol. 13, Number 7

To read this full article you need to be subscribed to Institutional Investing in Infrastructure

Off the grid: Finding the opportunities in power and grid storage depends on risk tolerances and where the trends are headed

by Joel Kranc

It is almost impossible to talk about energy without the word “renewable” preceding it. In 2018 a total of 181 gigawatts of renewable power was added to the world’s power supply, according to the Ren21 Renewables 2019 Global Status Report. In the United States, renewable energy is the fastest growing energy source, increasing 100 percent from 2000 to 2018, according to the Center for Climate and Energy Solutions. Breaking that out further, renewables made up more than 17 percent of net U.S. electricity generation. Solar generation is projected to climb from 11 percent of total U.S. renewable generation in 2017 to 48 percent by 2050.

Globally, renewables made up 24 percent of electricity and generation in 2016. Eighteen percent of the energy consumed globally for heating, power and transportation was from renewable sources in 2017. Nearly 60 percent of that energy came from modern renewables (i.e., biomass, geothermal, solar, hydro, wind and biofuels) and the re

For reprint and licensing requests for this article, Click Here.

Forgot your username or password?