2019 renewable energy industry outlook

whitePaper | October 7, 2022

Automakers and their suppliers have always faced a host of challenges, and this decade is no exception. There is an urgent need for answers to several trends: the increased consumer demand for EVs, legislation for reduced emissions, and the rise in urbanization. In fact, consumers and policymakers alike are calling for more sustainable and more advanced vehicles that do not compromise on performance or safety. Just this year, an EY survey of 13 developed nations indicated that 41% of those intending to buy a new vehicle in the year ahead would choose a BEV (battery electric vehicle), HEV (hybrid electric vehicle), or PHEV (plug-in hybrid electric vehicle).

whitePaper | September 22, 2022

Ongoing energy transitions and decarbonisation efforts are poised to bring profound shifts in the sector’s employment, including massive new opportunities for job creation in clean energy.

whitePaper | April 27, 2023

The median reported price by EnergySage for residential PV systems increased 6.3% y/y to $2.85/Wdc – the third straight period of increase, after never having done so before. After plunging to a 1.5-year low of $20/kg in mid-January, global polysilicon spot prices rebounded to $30/kg in mid-February and then dropped to $24/kg by mid-April.

whitePaper | April 1, 2022

Covestro has applied its industrial expertise in high-tech polymer materials to develop innovative polyurethane (PU) solutions for wind turbine applications that offer performance benefits and lower blade costs. To evaluate the impact of our PU solutions for rotor blade applications, Covestro commissioned bewind GmbH, a specialist wind engineering consultancy company, to simulate the costs and benefits of these solutions in terms of production, operational performance, and turbine lifetime.

whitePaper | November 29, 2022

Renewables are expected to account for 80–90% of power generation globally by 2050. Due to their dependence on weather conditions, wind and solar power cannot provide constant baseload power during all hours of the day, and measures have to be taken to compensate for this intermittency. The good news is that such imbalances or fluctuations can be mitigated effectively using battery energy storage systems (BESSs).

whitePaper | August 30, 2022

This study evaluates a variety of scenarios that achieve a 100% clean electricity system (defined as zero net greenhouse gas emissions) in 2035 that could put the United States on a path to economywide net-zero emissions by 2050. These scenarios focus primarily on the supply of clean electricity, including technical requirements, challenges, and benefit and cost implications. The study results highlight multiple pathways to 100% clean electricity in which benefits exceed costs. The study does not comprehensively evaluate all options to achieve 100% clean electricity, and it focuses largely on supply-side options.