Wednesday, July 24, 2013

Short Term Renewable Energy Use Down

Global investment in the renewable energy sector is set to continue to decline in the short term from the 11 percent fall seen in 2012. This is according to the Deloitte Touche Tohmatsu Limited (DTTL) Alternative thinking 2013: Renewable energy under the microscope report. 
The report identifies the important trends and opportunities in renewable energy for developers, investors, and policy-makers. The report also points out where significant barriers to progress lie, and suggests strategies for dealing with them. Despite the recent decline in investment, the study finds that renewables are becoming less alternative and increasingly mainstream, with 118 countries now having renewable energy targets in place and the wave of public demand for clean energy increasing.