2010 to 1h 2019, top 20 countries/markets ($bn)€¦ · 5 global trends in renewable energy...

2 Global Trends in Renewable Energy Investment, 2019

RENEWABLE ENERGY CAPACITY INVESTMENT OVER THE DECADE, 2010-2019 ($BN)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Includes an estimate for 2019, based partly on provisional first-half data

Solar 1,349Wind 1,023

Biomass & waste115.5

Small hydro 42.7 Biofuels 27.3 Geothermal 19.8

Total $2.6 trillion


RENEWABLE ENERGY CAPACITY INVESTMENT FROM 2010 TO 1H 2019, TOP 20 COUNTRIES/MARKETS ($BN)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Includes first-half data for 2019, but not an estimate for the second half.

758356

202179

12290

8255

4745

3533

2523222020191414

698

ChinaUnited States

JapanGermany

United KingdomIndiaItaly

BrazilAustralia

FranceSpain

CanadaNetherlands

MexicoBelgiumSweden

South AfricaTurkey

ChileDenmark

Europe


LEVELIZED COST OF ELECTRICITY, BY MAIN RENEWABLE TECHNOLOGY, 2009 TO 2019 ($/MWH)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: PV is crystalline silicon with no tracking.

0

50

100

150

200

250

300

350

Onshore wind Offshore wind PV

$/MWh


CAPACITY ADDED IN RENEWABLE POWER TECHNOLOGIES OVER THE DECADE, 2010-2019 (GW)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Figures are estimated based on actual data to 2018, and forecasts for 2019.

633

458

62

29

44

7

5

0.4

Solar PV

Onshore wind

Biomass & waste

Offshore wind

Small hydro

Geothermal

Solar thermal

Marine


RENEWABLE ENERGY CAPACITY ADDED OVER THE DECADE, 2019 VS 2009, BY REGION (GW)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEF

Note: Figures are estimated based on actual data to 2018, and forecasts for 2019. The sum of the additions by region falls short of the total of additions by sector in Figure 4. This is because a small proportion of renewable power additions have yet to be confirmed in terms of location.

451

267

151

119

78

42

42

33

China

Europe

United States

Other APAC

India

Other AMER

Middle East & Africa

Brazil


NET CAPACITY ADDED IN MAIN GENERATION TECHNOLOGIES IN THE DECADE, 2019 VS 2009 (GW)


529

438

-2 -7

283

487

638

-100

0

100

200

300

400

500

600

700

Coal Gas Oil Nuclear Hydro Wind Solar

Note: Figures are estimated based on actual data to 2018, and forecasts for 2019. Oil and nuclear saw capacity closed more than offset new capacity commissioned.


TOTAL RENEWABLE ENERGY INVESTMENT OVER THE DECADE 2019-2019, BY CATEGORY ($BN)


Note: Asset finance adjusts for re-invested equity, VC/PE = venture capital and private equity. Figures for 2019 are estimated based on provisional first-half totals.

Asset finance*2,065

Small distributed capacity 476

Public markets 86

Corporate R&D 51Government R&D

50VC/PE 32


GLOBAL RENEWABLE ENERGY CAPACITY INVESTMENT, 2004 TO 2018 ($BN)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Total values include estimates for undisclosed deals.

40.661.1

89.0

120.5

155.3 147.0

213.2

264.8

238.6

213.0

264.8

301.5280.6

308.9

272.9

51% 46% 35% 29% -5% 45% 24% -10% -11% 24% 14% -7% 10% -12%

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Asset finance Small distributed capacity


GLOBAL INVESTMENT IN RENEWABLES CAPACITY BY SECTOR IN 2018, AND GROWTH ON 2017 ($BN)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Total values include estimates for undisclosed deals.

Close to zero in 2017

-89%

-64%

61%

-1%

-22%

3%

0.0

0.4

0.5

2.0

6.8

133.5

129.7

Marine

Small hydro

Biofuels

Geothermal

Biomass & waste

Solar

Wind

Growth:


INVESTMENT IN RENEWABLE ENERGY CAPACITY BY REGION, 2018 ($BN)


China 88.5

Europe 59.9

United States 42.8

ASOC (excl. China & India) 41.9

Middle East & Africa 16.1

India 11.0

AMER (excl. US & Brazil) 9.3 Brazil 3.4

Note: Total values include estimates for undisclosed deals.


INVESTMENT IN RENEWABLES CAPACITY BY TOP 30 COUNTRY/MARKET IN 2018, GROWTH ON 2017 ($BN)



INVESTMENT IN RENEWABLES CAPACITY, DEVELOPED VS DEVELOPING COUNTRIES, 2004-2018

($BN)


3244

65

85

10395

145

187

142

119

141134 135

115126

817

2435

52 52

6878

96 94

124

167

146

194

147

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Developed Developing (China and India) Developing (other) Developing

Note: Total values include estimates for undisclosed deals. Developed volumes are based on OECD countries excluding Mexico, Chile, and Turkey.


GLOBAL CAPACITY IN RENEWABLE POWER, 2004-2018 (GW)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: "Other renewables" does not include large hydro-electric projects of more than 50MW

227 245281 311

354414

481564

658

749

854

982

1,122

1,282

1,449

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Solar Wind Biomass & waste Other renewables


RENEWABLE ENERGY CAPAICTY INVESTMENT IN $BN VS GW CAPACITY ADDED, 2005-2018


0

20

40

60

80

100

120

140

160

180

0

50

100

150

200

250

300

350

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

GW$bn

Capacity investment GW added


RENEWABLE GENERATION AND CAPACITY AS A SHARE OF GLOBAL POWER, 2007-2018 (%)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: Renewables figure excludes large hydro. Capacity and generation based on BloombergNEF totals.

19.5%

27.3%

41.7%

31.6%

39.8%

48.6%

38.0%41.0%

51.3% 50.8%

63.8%

67.7%

7.5% 8.2% 9.2% 10.2% 11.4% 12.4% 13.5% 14.7% 16.2% 17.6%19.4%

21.0%

5.2% 5.3% 5.9% 6.1% 6.9% 7.9% 8.3% 9.0% 9.7% 10.6% 11.6% 12.9%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Renewable capacitychange as a % of globalcapacity change (net)

Renewable power as a %of global power capacity

Renewable power as a %of global power generation


NET POWER GENERATING CAPACITY ADDED IN 2018 BY MAIN TECHNOLOGY (GW)

Source: UN Environment, Frankfurt School-UNEP Centre, BloombergNEFNote: The chart does not show the negative figure from net closure of oil-fired capacity in 2018

Coal, 20GW

Gas, 42GW

Nuclear, 5GW

Large hydro, 19GW

Other renewables, 9GWSolar, 108GW

Wind, 50GW


GLOBAL POWER SECTOR EMISSIONS, BILLIONS OF TONNES OF CO2 EQUIVALENT, 2012 TO 2018


6.0

7.0

8.0

9.0

10.0

11.0

12.0

13.0

14.0

15.0

16.0

2012 2013 2014 2015 2016 2017 2018

Coal Gas Oil

Frankfurt School – UNEP Collaborating CentreFrankfurt School of Finance & Management

Sonnemannstrasse 9–1160314 Frankfurt am Main

http://fs-unep-centre.orgwww.frankfurt-school.de

E-Mail: [email protected]: +49 (0)69 154008-647Fax: +49 (0)69 154008-4647

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2010 to 1h 2019, top 20 countries/markets ($bn)€¦ · 5 global trends in renewable energy...

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