Global Renewable Energy Investment Fell in 2013

September 22nd, 2014
in News, econ_news, syndication

from Felix Richter,
by Niall McCarthy

According to REN21, investment in renewable energy declined across the world for the second consecutive year in 2013.

Follow up:

Total investment still reached an impressive $214 billion but this is 12 percent down on 2012 and 23 percent less than in 2011. Much of the decline can be attributed to falling technology costs. Take solar installations for example - they have experienced impressive improvements in efficiency while their cost has also dropped off.

Uncertainty about incentive policies in Europe and the United States is also a major factor for the slump in investment. European renewable energy investment was actually down 44 percent on 2012 with China putting more money into green energy projects than all European countries combined. It isn't all negative news though. Developing countries are making major progress in renewable energy development and they are beginning to close the investment gap with their developed counterparts.

This chart shows new investment in renewable power and fuels worldwide.

Infographic: Global Renewable Energy Investment Fell in 2013 | Statista
You will find more statistics at Statista


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved