Investments in Renewable Energy to Top US$7 Trillion by 2040

Rather than focusing on political commitments, the New Energy Outlook models how the changing costs of renewable and conventional energy may change the future energy landscape and resulting risks and opportunities. The 2017 edition finds that thanks to faster than expected declines in the cost of wind and solar power, renewable energy will account for majority of the expected US$10.2 trillion in energy investments up to 2040.