GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT 2018 June 25, 2018 Christine Grüning*
*Das Projekt wird vom Bundesministerium für Umwelt,
47.0
72.7
112.7
158.9
181.4 178.3
243.6
287.8
255.5
234.4
284.3
323.4
274.0 279.8
55% 55% 41% 14% -2% 37% 18% -11% -8% 21% 14% -15% 2%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Corporate R&D
Government R&D
VC/PE
Public markets
Small distributed capacity
Asset finance*
Growth:
Global new investment in renewable energy by asset class, 2004-2017, $bn
2
*Asset finance volume adjusts for re-invested equity. Total values include estimates for undisclosed deals.
Source: GTR 2018, Frankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
Global transactions in renewable energy, 2017 $bn
3 Footnote: SDC = small distributed capacity. Total values include estimates for undisclosed deals. Figures may not add up exactly to totals, due to rounding. Source: GTR 2018, Frankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
1,0 4,8 5,1 0,8 5,7 17 (3)
216
49 280
114 394
VC Corp RD&D
Total investment
SDC* Asset finance
Gov R&D
Public markets
new equity
M&A /B-O etc.
Total transactions
Re-invested
Total company investment
PE
Technology Scale-up
Projects
Asset and company mergers, acquisitions, refinancing, buy-outs
Global new investment in renewable energy: split by type of economy, 2004-2017, $bn
4 Footnote: New investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals. Developed volumes are based on OECD countries excluding Mexico, Chile, and Turkey. Source: GTR 2018, rankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
7 15
22 33
42 50
58
72 74 74
101
138
116
144
3 6 8 11 16 13 20 19
29 27 32
40 31 33 38
52
83
115 123
115
165
197
152
133
151 146
126
103
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
China, India & Brazil
Other developing
Developed
China 126,6 $bn
Global new investment in renewable energy by region, 2017, $bn
5 Footnote: New investment volume adjusts for re-invested equity. Total values include estimates for undisclosed deals. Source: GTR 2018, Frankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
Renewable energy investment in Middle East and Africa by country, 2017, and change on 2016 $bn
6 Source: GTR 2018, Frankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
0.1
0.2
0.4
1.1
1.8
2.6
-88%
-48%
8665%
26%
2815%
495%
South Africa
Morocco
Rwanda
Jordan
United Arab Emirates
Egypt
Growth:
7
Renewable energy asset finance and small distributed capacity investment by sector, 2017, and growth on 2016 $bn
Footnote: Total values include estimates for undisclosed deals. Source: GTR 2018, Frankfurt School-UNEP Centre, UN Environment, Bloomberg New Energy Finance
45
0
0.1
1.4
3.0
3.0
104
154
108%
0 in 2017
-52%
-36%
-15%
-52%
-10%
18%
Large hydro
Marine
Biofuels
Geothermal
Small hydro
Biomass & w-t-e
Wind
Solar *Small distributed capacity
Growth:
Thank you!
8