Wind and photovoltaics are now competitive with fossil energy sources in several countries, including Spain and Brazil. But if investments remain stable in Europe and North America, an ever greater share is concentrated in the markets of developing countries: in Asia, for example, investments have gone from 20 billion dollars calculated for 2007 to 80 billion in 2011. This is what emerges from the latest Oir-UniCredit report entitled “The world market for renewables”.
Outside Europe, especially in Brazil and Turkey, the focus is particularly on hydroelectricity, with a 16 GW plan. Overall, Europe boasts the largest volume of investments in the green energy sectors, but the markets of the United States and Latin America are gaining in importance.
Furthermore – the report underlines – by now renewables are not considered by the industry only as a means for the production of energy with low environmental impact. More and more companies are interested in renewable sources as a marketing flywheel, useful for the acquisition of new customer portfolios, sensitive today more than ever to the relationship between the green energy sector and environmental protection.
