Numbers that come and go. On renewable energies, analyzes and reports now revolve essentially around investments. Whether public or private, the sums to be allocated to the energy transition are the true reference for understanding current trends. The macro synthesis of $500 billion invested in 2020 to get out of fossil fuels it will also be maintained in 2021. This is the optimistic forecast of the BloombergNEF agency, released in recent days on the strength of individual countries not to surrender to the post-COVID period. If 2020 has messed up the forecasts of increases in every direction green, 2021 promises to be no less negative than the year just ended.
Photovoltaic and wind will still be the driving sectors with new installations and interchanges on the transport networks. Both sources are expected to reach peaks of 150 and 84 gigawatts of power worldwide, respectively. There is room for action, especially where governments help companies restructure production and final distribution. Wind farms on land are indicated as the most promising, capable of attracting new capital. Precisely with reference to the capital needed in the various energy segments, analysts judge positively the consolidation on the markets of useful and guaranteed financial instruments. Bonds, medium-long term loans linked to sustainability performances, green certifications, all over the world have enriched the initial "basket" of green bonds. Products that have probably marked an era, instilling widespread trust up to individual Regions or communities. But the finally expressed desire to safeguard the planet is radically changing the nature and purpose of financial transactions. A great good.
The game of public funding, however, these days looks inexorably to the USA. For four years, Donald Trump's presidency has left the companies that aspired, sometimes timidly, to switch to renewable sources with a dry mouth. We are starting to reckon with a guilty lag compared to China and Europe, above all. Instead, Biden's choice of invest $400 billion by 2030 for an economy driven by 100% green energy has rekindled hope. Trump's protectionist paradigm has not only mortified the environmental ambitions of millions of people, but has suffocated hundreds of projects on the use of clean energy in the industrial, domestic, tourist and road sectors.
