Energy Magazine July 2014 | Page 27

feature article shortened headline

“ While some may point to the fact that overall investment in renewables fell in 2013 , the drop masks the many positive signals of a dynamic market that is fast evolving and maturing ”

– Achim Steiner , Executive Director , UN Environment Program ( UNEP )

, 300 MW by 2030 , a National Renewable Energy ated investments totaling $ 27.6 billion by 2030
mean an influx in renewable energy projects worldwide . In addition to decreasing costs and increasing incentive programs , renewable energy is steadily gaining esteem . According to Christine Lins , executive secretary of REN21 and a co-author of the Global Status Report , global perception of renewables has changed significantly : “ In the early 2000s we saw upward trends , but nobody really predicted the extraordinary expansion of renewables that unfolded in the last decade . Projected levels of renewables for 2020 were already surpassed in 2010 , and in general , global perception of renewable has shifted . Today , renewables are arriving in the mainstream . According to many surveys , they are the preferred energy source of the general public in many parts of the world .”
27