Policy, investment and markets Features for May 2009

Policy, investment and markets Features Archive

Reasons to be cheerful for the renewable energy sector

Despite the continuing distressing news on the economy, the renewable energy sector has had some cheer of late, particularly in wind. At the New Energy Finance Summit on 5 March 2009, NEF's CEO Michael Liebrich discussed 7 positives. Most important for the wind industry: new financing sources, rising oil prices as the economy recovers and US $10 billion in stimulus packages from governments in the next 3 years, with a substantial part for renewable energy deployment.