Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low
Green Car Congress
APRIL 6, 2015
Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Oil and renewables do not directly compete for power investment dollars. Coping with 25% or more variable generation is more difficult for grids and utilities than managing a 5% proportion.
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