Thursday, May 14, 2015

Energy Technologies Critical for Clean-Energy Innovation & Climate Action

Higher R&D Investment in Renewable Energy Technologies Critical for Clean-Energy Innovation & Climate Action

By Roman Kilisek
BOULDER, CO - MARCH 3: Master research technician Ed Overly prepares a wind turbine gearbox for testing at the National Renewable Energy Laboratory's (NREL) wind technology center March 3, 2009 on the outskirts of Boulder, Colorado. The NREL, which is America's chief research and development center for renewable energy, is expecting increased funding as part of the Obama administration's emphasis on "green" energy. A division of the Department of Energy, the NREL focuses on testing and improving wind, solar and biofuel technologies, which are then commercially developed by the private sector. (Photo by John Moore/Getty Images)
Global investment in renewable energy sources in 2014 rose almost 17 percent year-on-year to $270.2 billion with investments in developing countries growing by 36 percent, finds a new UNEP Global Trends in Renewable Energy Investment 2015 report prepared by the Frankfurt School-UNEP Centre in collaboration with Bloomberg (BNEF). Overall, the research underscores the positive role
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