renewables industry has reached a fundamentally new stage in its development.
The cost of some renewable technologies - wind and solar in particular - has
fallen to a level which has seen them become cost competitive with fossil fuels
in some markets. A growing number of countries are adopting policies to
encourage the growth of renewables, and the industry is attracting a new class
of investor more commonly attracted to the stable returns of traditional
infrastructure investments. The focus is now on the challenges ahead, on the need to attract new sources of finance, to create
the interconnections which will deflect the criticism of intermittency which
has dogged the sector, and convince industry detractors that renewables are
both affordable, and can play a pivotal role in the world’s energy future.
The Financial Times Global Renewable Energy Summit: Transforming the Energy Paradigmbrings together leading renewable company and
utility leaders, government decision makers, economists, financiers and investors todiscover how the economic, financial and
political framework for renewables is evolving, and to assess the implications
of growing renewable deployment for the future shape of the energy industry.
Keep up to date with the latest developments on Twitter, follow @FTLiveTweets #FTRenewable