Renewable Energy and the Global Recession 2008-2013
While the global recession of 2008-2013 has meant slowed growth across many sectors, the renewable energy sector has seen continued investment. Growing interest and political pressures mean that governments worldwide have continued to encourage development and investment in this sector. As such, global capacity has continued to grow, albeit at a slower pace than in 2008. This NRG Expert report contains an overview of the global market for renewable energy, its technologies, industries, demand and future prospects, with an analysis of each energy sector. It examines the effects of the recession on the global renewable industry given its unique position. It provides interesting insight into how a market sector will continue to grow in times of recession given sufficient government and public interest.