In 2011 the global investment in renewable power generation hit a record high of US$260 billion (€197.514 billion) and by 2020 the annual investment is expected to double, as the prices for fossil fuels increase. In the United Kingdom renewable energy capacity grew by 15 percent between 2009-2010. Biomass also grew substantially by 17 percent along with the biofuel sector also 17 percent.
Graham Weale, Chief Economist at utility company RWE, said: "With interest rates in government bonds at a rather low level, there is quite a lot of money in pension funds chasing relatively reliable returns, which offer more than sovereign debt." "Both grid and renewable investments are regulated and relatively low risk, which makes them suitable for fixed-income funds and means they offer higher returns than are available elsewhere," he added. Read more ...
Graham Weale, Chief Economist at utility company RWE, said: "With interest rates in government bonds at a rather low level, there is quite a lot of money in pension funds chasing relatively reliable returns, which offer more than sovereign debt." "Both grid and renewable investments are regulated and relatively low risk, which makes them suitable for fixed-income funds and means they offer higher returns than are available elsewhere," he added. Read more ...
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