The energy world faces unprecedented uncertainty. Increased awareness surrounding the impact of climate change and dependence on fossil fuels has prompted policy makers and scientists to rethink their strategies. The Renewable Energy industry has been both a benefactor and victim of these changing tides, as increased investment and support has been offset by delayed implementation and political populism. The federal Government's mandatory Renewable Energy Target (RET) that aims to have 20% of the country's electricity generated from renewable sources by 2020 is a good indicator of its commitment to a clean energy future.
This industry includes establishments that generate energy from renewable natural resources such as sunlight, wind, tides and geothermal heat. It only includes the generation of energy from sources that are inexhaustible and can be replenished indefinitely, unlike fossil fuels such as coal. This industry does not include transmission and distribution of renewable energy.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.