Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • ROOMS:

The Outlook for Renewable Energy

SOURCE: GreenMoney Journal


by Lydia Miller, Senior Vice President at Dana Investment Advisors 

The last decade was quite a remarkable period for renewable energy growth. In 2019, estimates indicate new capacity additions were slightly more than 70 percent renewables and over half of newly commissioned utility-scale renewable power generation provided electricity at a lower cost than the cheapest new fossil fuel powered source.

These are significant milestones, especially so, given that they are driven by the incredible cost declines that occurred during the decade. The chart (in the article) illustrates these cost declines and Solar Photovoltaic (PV) electricity generation stands out with the most dramatic decline, approximately 80 percent. Expectations over the next few years are for further price declines across renewables. 

However, energy growth, in whatever form, is severely challenged by COVID-19 and its economic aftershocks and collateral damage. There is simply no getting around this. Challenged economic growth is an energy-demand shock. This makes deploying and converting to renewables more difficult. It is one thing to add renewable capacity to satisfy growing demand and quite another to replace existing infrastructure while demand is flat, declining, or uncertain, when all eyes are on credit worthiness, and when government stimulus is so heavily relied upon. 

Read Lydia's full article that includes insights on - What drove these cost declines?, Her Investment Strategy and of course, her Outlook for the strongest players in the RE field, all here - 


Tweet me: The Outlook for Renewable #Energy by Lydia Miller, Senior Vice President at Dana Investment Advisors -- || #renewables #wind #solar #esg #impinv

Contact Info:

Cliff Feigenbaum, managing editor
GreenMoney and
+1 (505) 577-1563

KEYWORDS: COVID-19, Renewable, Energy, Solar, wind, renewables, panels, power, Turbines, oil, fossil fuels, Saudia Arabia, China, Middle East, war, military, renewable energy growth, Power generation, electricity, meeting consumer demand, cost declines, solar photovoltaic, electric vehicles, Tesla, onshore wind, offshore wind, International Renewable Energy Agency, IRENA, ACORE, OPEC, Subsidies, low-carbon economy, battery storage, solar pv, ESG, sustainable investing, Technology, energy independence, Innovation, coal


Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Copyright © 2010-2020 & California Media Partners, LLC. All rights reserved.