Related Articles
Outlook 2017
Forward article link
Share PDF with colleagues

Forward march

Renewable energy has proved its credentials. The coming year will only add more momentum to the global rollout

In 2016, renewables continued their relentless march across global energy markets, and 2017 will bring yet more momentum. The Paris Agreement of December 2015 offered another shot in the arm. But development sped along for other reasons too. The levelised cost for electricity - a measurement that compares different sources of generation - for solar-photovoltaic (PV) projects fell even faster in 2016 than in 2015: the title for "lowest-ever PV tariff" changed hands several times, with Dubai, America, Mexico, Abu Dhabi and Chile all vying hard. Newcomers like Saudi Arabia are now coming through the ranks. Offshore wind made a step change, with record-low tariffs in Denmark and The Netherlands

Also in this section
Good winds ahead
13 July 2017
World Energy Focus talks to Michael Hannibal, chief executive of Offshore operations Siemens Gamesa, the company's renewables division, about what has driven its development and how the industry plans to continue to drive down the cost of renewable energy
Green light for Egypt’s renewables
3 July 2017
After several quiet years, the sector is expanding to help meet power needs
Oil firms need to come clean on climate threat
26 June 2017
The sector must step up its investments in clean energy and efforts to mitigate climate change or risk being left with expensive, stranded assets, says a new report