In 2020, even while economies bent under the weight of Covid-19 lockdowns, renewable sources of energy such as wind and solar PV continued to grow rapidly, and electric vehicles set new sales records. The new energy economy will be more electrified, efficient, interconnected and clean. Its emergence is the product of a virtuous circle of […]
Market > Reports
The decade 2010 to 2020 saw renewable power generation becoming the default economic choice for new capacity. In that period, the competitiveness of solar (concentrating solar power, utility‑scale solar photovoltaic) and offshore wind all joined onshore wind in the same range of costs as for new capacity fired by fossil fuels, calculated without financial support. […]
On 9 September, GWEC released its third annual Global Offshore Wind Report 2021, which looks at the growth of the global offshore wind industry in 2020, highlights offshore wind’s role in the decades ahead as one of the central planks of the world’s future energy system on the road to net zero, the latest technology […]
About this report Energy service companies (ESCOs) deliver energy efficiency projects that are financed through the resulting energy cost savings. ESCOs can thus unlock energy efficiency action by addressing barriers related to funding and technical expertise.
As the world begins to show the first signs of recovery from the global pandemic, the scope and direction of that recovery has been brought into the spotlight. The decisions we make now will have profound affects on the future of economies, societies, and the global energy landscape.