Renewable Energy Predictions For 2018

The Bloomberg New Energy Finance (BNEF) analysts have outlined the 5 trends that will lead to sustainable energy transition

In January The Sydney Morning Herald released their 5 renewable energy predictions for 2018.

Let’s take a look.

1. Billions Will Be Invested in Renewable Energy

  • Bloomberg New Energy Finance predicts clean energy investments will reach $414 billion in 2018.
  • In Australia, renewable projects are up by 150%.
  • Oil and gas companies are expanding into clean energy with Shell acquiring utility-scale solar company Silicon Ranch for US$200 million.

2. Solar Continues to Grow

  • China will be the biggest investor in renewable energy projects.
  • Microgrids will become a popular energy solution in Australia.
  • South Australia has approved construction of a solar thermal powerplant and will continue to lead the country in renewable energy generation.

 

Click here to read 3 more predictions for 2018 at The Sydney Morning Herald

 

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Written by Jon Capistrano

Jon specialises in research and content creation for our outreach campaigns. He’s worked as a technical support representative for Dell, America Online, Xbox and Dodo Australia. He’s an avid scooterist and musician.

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