Economics

Clean Energy's Bright Rebound

Lock
This article is for subscribers only.

The last year-and-a-half have taken the clean energy industry on a roller-coaster ride. Among the minuses, the sector suffered from a shortage of financing for projects such as wind farms and solar parks and there was last December's disappointing outcome of the Copenhagen climate change conference. Among the pluses, prices of renewable energy technologies fell sharply, improving renewable energy's cost-competitiveness, and major countries announced $184 billion worth of "green stimulus" programs.

The outlook for clean energy in the next decade—and the development of appropriate policy mechanisms to bring about curbs on carbon emissions—will be key areas of focus at the annual Bloomberg New Energy Finance Summit in London from Mar. 17-19. The event brings together 300 clean energy and carbon leaders from global industry, the investment community, and government.