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Renewable energy often referred to as clean energy, comes from natural sources or processes that are constantly replenished. Renewable energy use energy sources that are continually replenished by nature such as the sun, the wind, water, the Earth’s heat, and plants. Renewable energy technologies turn these fuels into usable forms of energy, most often electricity, but also heat, chemicals, or mechanical power. There are 7 main sources of renewable energy are Solar, Wind Energy, Hydroelectric, Ocean Energy, Geothermal Energy, Biomass, and Hydrogen.
ALSO READ: http://www.marketwatch.com/story/renewable-energy-market-research-r...
In 2020, the consumption of all other fuels declined while the only source which increased the demand for energy sources was renewables 2020. As the global economy recovers from the crisis, The renewable energy source witnessed an uptake, therefore, expand more quickly. As per International Energy Agency (IEA), in 2020, the annual renewable capacity additions increased witnessed the highest year-on-year increase since 1999 and increased by 45% or 280 GW. Furthermore, exceptionally high-capacity additions become the “new normal” in 2021 and 2022, with renewables accounting for 90% of new power capacity expansion globally.
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Also, the net additions of renewable electricity capacity declined in 2020 when compared to 2019, revealed by IEA. The key factors attributed to the decline of the market were supply chain disruption, lockdown measures, and social‑distancing guidelines, and emerging financing challenges. This nevertheless corresponds to a 6% increase in global installed renewable power capacity, which surpasses the combined size of power systems in both North America and Europe.
The impact of Covid-19 on renewable electricity technologies with long lead times, such as hydropower, offshore wind, CSP, and geothermal, remains limited. Hydropower capacity additions are forecast to increase both in 2020 and 2021, driven by the commissioning of two mega hydropower projects in China and supporting the rebound of renewables next year. The forecast for offshore wind remains unchanged as most projects are already financed and under construction.
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Also, the presence of well-established players in the region adding pace to the growth of the market in the region
Some of the major players operating in the market are General Electric, ABB Ltd., The TATA Power Company Limited, Energex, Enel Spa, Xcel Energy Inc., EDF, Geronimo Energy, Invenergy, and ACCIONA, among others. Several M&As along with partnerships have been undertaken by these players to develop Renewable Energy solutions.
Table of Contents
1 MARKET INTRODUCTION
1.1. Market Definitions
1.2. Objective of the Study
1.3. Limitation
1.4. Stake Holders
1.5. Currency Used in Report
1.6. Scope of the Global Renewable Energy Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1. Research Methodology for the Global Renewable Energy Market
2.1.1. Main Objective of the Global Renewable Energy Market
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 COVID-19 IMPACT
6 GLOBAL RENEWABLE ENERGY MARKET REVENUE
7 MARKET INSIGHTS BY TYPE
7.1. Hydroelectric Power
7.2. Wind Power
7.3. Bioenergy
7.4. Solar Energy
7.5. Geothermal Energy
8 MARKET INSIGHTS BY END-USE
8.1. Residential
8.2. Commercial
8.3. Industrial
8.3.1. Power
8.3.2. Chemicals & Petrochemicals
8.3.3. Oil and Gas
8.3.4. Food & Beverage
8.4. Others
9 MARKET INSIGHTS BY REGION
9.1. North America Renewable Energy Market
9.1.1. The U.S
9.1.2. Canada
9.1.3. Rest of North America
9.2. Europe Renewable Energy Market
9.2.1. Germany
9.2.2. France
9.2.3. U.K.
9.2.4. Spain
9.2.5. Rest of Europe
9.3. Asia Pacific Renewable Energy Market
9.3.1. China
9.3.2. Japan
9.3.3. India
9.3.4. Australia
9.3.5. Rest of Asia Pacific
9.4. Rest of the World Renewable Energy Market
10 RENEWABLE ENERGY MARKET DYNAMICS
10.1. Market Drivers
10.2. Market Challenges
10.3. Impact Analysis
11 LEGAL & REGULATORY FRAMEWORK
12 DEMAND AND SUPPLY SIDE ANALYSIS
12.1. Demand Side Analysis
12.2. Supply Side Analysis
12.2.1. Top Product Launches
12.2.2. Top Business Partnerships
12.2.3. Top Merger & Acquisitions
13 VALUE CHAIN ANALYSIS
14 RENEWABLE ENERGY MARKET OPPORTUNITIES
15 RENEWABLE ENERGY MARKET TRENDS & INSIGHTS
16 COMPETITIVE SCENARIO
16.1. Porter's Five forces analysis
16.1.1. Bargaining power of Supplier
16.1.2. Bargaining power of Buyer
16.1.3. Industry Rivalry
16.1.4. Availability of Substitute
16.1.5. Threat of new Entrants
16.2. Competitive Landscape
16.2.1. Company Shares, By Revenue
17 COMPANY PROFILED
17.1. General Electric
17.1.1. Key Facts
17.1.2. Business Description
17.1.3. Key Product/Services Offerings
17.1.4. Growth Strategy
17.1.5. SWOT Analysis
17.1.6. Key Financials
17.1.6.1. Revenue Split
17.1.6.2. Financial Overview of General Electric
17.1.7. Recent Developments
17.1.7.1. Product Launch
17.1.7.2. Partnerships
17.1.7.3. Business Expansion and Investments
17.1.7.4. Merger and Acquisition
17.2. ABB Ltd
17.3. The TATA Power Company Limited
17.4. Innergex
17.5. Enel Spa
17.6. Xcel Energy Inc.
17.7. EDF
17.8. Geronimo Energy
17.9. Invenergy
17.10. ACCIONA
18 DISCLAIMER ----
…..…continued
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