World’s tendency and green investments in renewable

World’s tendency and green investments in renewable

Global acceptance

Investment in renewable energy sources represents asset funding of large-scale projects, as well as allocation financial resources for the developing more simplified programs involving solar, wind and hydro-electric power. During last 9 years, green bonds in 18 currencies of around $8.5 billion have been issued by The World Bank. To ensure the investors’ interest all the issued bonds were rated AAA/Aaa, meaning the absence of worrying about a possible default.

As greenfp7 ecologic investing portail underlined, even trading companies as IQ Option actually get involved into green  stocks investing

The World Bank’s issued green bonds are intended to the climatic projects (alleviating and adjusting), as well as ecologically safe performances, among which are:

  • Renewable energy
  • Effectiveness of the energy
  • Efficient transportation
  • Projects with a low carbon content
  • Funding for watershed controlling
  • Developing infrastructure defending from flooding caused by climatic factors
  • Eco-friendly urban transport
  • Geothermal engineering
  • Improving energy efficient projects
  • Sustainable forest management
  • Disaster vulnerability improving

 

One of the best examples showing the positive growth of the attention to the environmental problems is that the first biodiversity-related and ecological sustainability ensuring the agreement was signed by EU in the association with the European Commission and the European Bank of Investments on April 11th, 2017.

The agreement, known as “Natural Capital Financing Facility”, provides up to 6€ million credit issuing for the developing 30 various programs of environment reconstruction and ensuring wildlife well-being. These programs will be implemented in the central Europe, countries of Balkan Peninsula, Sweden Lapland, and Portugal.

 

What is the policy of non-EU countries?

By the reason of China and the US reduced their attention to the wind and solar energy programs, green energy investments fell 17 percent in the first quarter, continuing the decline from the last year.

In spite of renewable asset funding falling the solar and wind energy now became the lowest cost electric power source due to recent drastically decreased capital costs for wind turbines and solar photovoltaics. That leads to the lower subsidization of renewal energy projects by the governments. Nevertheless, the industry’s bright events сan be rightfully considered a $1.4 billion share sale by Tesla Inc. and $650 million for an Enel SpA solar project in Mexico, which is possibly the largest plant in a way. France and Germany extended financing, whereas India and Brazil cut.

The main reason of widening reduction the investment is cheapening of capital for the green energy sector, what means that investors are able to get the same power for less money. As the BNEF said on Tuesday, the renewable energy sources produced the most electricity last year regardless of the investment falling from $348.5 billion of the previous year to $287.5 billion. Being the largest eco-energy market in the world, the China brought investment down to 11 percent ($17.2 billion) in the first quarter influenced by falling tariff subsidies and challenges with grid reduction.

US markets showed stable decreasing financing 24 percent to $9.4 billion probably caused by continued insecurity regarding tax obligations in future.

Report on the State of the art, non-technological barriers and best practices

One of the objectives and expected outcomes of the WAVEPLAM project is to raise the knowledge of decision makers and investors about the state of the art, the weight of the different non-technical barriers and the best practices to overcome them in several European countries.

This report focuses on the state of the art of available technologies, particularly those that have performed sea trials, and the development strategy they have followed, a classification and weighing of the most important non-technical barriers and a list of existing and proposed best practices to overcome them

A Cautiously Optimistic Review of the Technical Status of Wave Energy Technology.

The purpose of this review is to provide technical information that should assist policy makers, investors, project developers and other interested stakeholders to make informed decisions regarding the scheduling of wave power into future energy plans and portfolios. Many estimates have already been declared in a variety of prediction documents but they are usually based on energy market forces rather than technology readiness assessment (TRA) of the devices.

It is widely accepted that wave power has the potential to become a significant contributor to the world’s (clean) energy supply needs, as shown by the differing forecasts listed in Table 1. However, it is also the case that in the 1980s WE was expected to be commercial within 5-7 years. This same lead time was further endorsed in 2000 when a new generation of devices were under development. These ambitious time frames have lead to the contradictory perceptions that either the industry is more advanced than it actually is, or it is not really progressing. The true situation is somewhere in-between, so the following device based report should enable more appropriate introduction dates to be specified. Once established it ought to be only the time targets, not the power targets, that may be difficult to achieve.

It is further hoped that the TRA approach will assist in focusing future product funding programmes since the correct support mechanisms are essential if even modified delivery dates are to be met. The device development recommended requirements are summarised in Table 4.1. The actual details of current and required future fiscal policies to stimulate and accelerate project progress are covered in separate Waveplam studies. Here only the on-going principal European and national research projects are described.

To help achieve the objectives, particularly funding packages, a structured device development programme is proposed and this is used as the foundation for setting the machine evolution status. The technical information is presented in the Appendix as developer based specification sheets. This approach will enable the information to be easily updated and expanded as required.