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Top 10 Renewable Energy Trends to Watch in 2017
Original article taken from Renewable Energy World. To view the entire article click here.
A review of all the headlines published by Renewable Energy World this year revealed many interesting trends in the global renewable energy marketplace. Ten trends, however, stand out as being major stories to watch in 2017.
No. 10: Renewable Jet Fuel In 2017, expect an increase in announcements by airlines on the amount of renewable jet fuel in their operations and improvements in infrastructure to produce that fuel.
No. 9: Drones Drones saw a lot of attention from the general public this year, and that attention will increase in the renewables space in 2017 as industry looks for ways to make this technology work in the field to improve project development and reduce costs of operations and maintenance.
No. 8: Pumped Storage + Renewables Pumped storage hydro represents the most installed capacity of the energy storage technologies, and its use as a large-scale option for smoothing out renewable energy on the grid will grow in 2017. Expect, however, to see in the New Year more pumped storage hydro sites proposed that are collocated with other renewable energy technologies, such as wind and solar.
No. 7: Pay-Go Solar in Africa In 2017, expect to see pay-go solar spread quickly to new regions in Africa and more major investment announcements from providers come down the line.
No. 6: Storage in Energy Markets In 2017, expect advancements on this front from the U.S. and the U.K., as both countries look more closely at their energy market structures and begin to find ways to adjust policies to meet the needs of energy storage.
No. 5: US Offshore Wind In 2017, expect this offshore segment to take shape not only in new state-level policies that favor development but also new partnerships between offshore wind and offshore oil and gas developers looking to take advantage of the skills each brings to the table.
No. 4: Corporate Renewables In 2017, expect to see large companies identify more creative strategies for sourcing renewable energy that go beyond power purchase agreements and direct builds.
No. 3: Trump In 2017, expect the U.S. renewables industry, and the global environmental community, to wait with bated breath as Trump takes office and begins demonstrating how quickly he can move to undo the work President Obama has done in advancing U.S. clean energy policy and helping bring the global community together to reduce carbon emissions.
No. 2: Tesla What to expect in 2017 from this incredible company and its leader is anybody’s guess, but one thing is clear, Tesla will need to keep its stock on a growth track, ensuring that volatility it saw in 2016 stays in 2016.
No. 1: India As the foundation for large-scale solar in India continues its momentum in 2017, expect the path for adoption of distributed energy, off-grid systems and local storage options to become clearer. As well, India next year will demonstrate leadership in green finance as it starts up its first green bank and begins to support local banking options through unique public-private mechanisms.
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