Energy Needs to 2035

World Needs $48 Trillion in Investment to Meet its Energy Needs to 2035

Renewables, together with biofuels and nuclear power, now account for around 15% of annual investment flows, with a similar share also going to the power transmission and distribution network. But a large majority of today’s investment spending, well over $1 trillion, is related to fossil fuels, whether extracting them, transporting them to consumers, refining crude oil into oil products, or building coal and gas-fired power plants.

Read More
The Evolution and Economics of Solar PV Cells

New Report on the Evolution and Economics of Solar PV Cells

On one prediction, the size of the solar market, globally, will reach 100GW by 2018. Over the longer term, estimates for the amount of electricity that might be supplied globally by solar cells varies between 0.6% and 4% by 2035. In Europe it already supplied 3% of total electricity demand. Important regional markets include China, Japan, the USA, Australia, and Mexico

Read More