Remove 2004 Remove Grid Remove Oil Prices Remove South Africa
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Coping with 25% or more variable generation is more difficult for grids and utilities than managing a 5% proportion. billion, up just 3% on the year.

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