'Renewable Energy Technology to Save Over 2.4 Gigatonnes of CO2 Globally by 2029.'
KEY STATISTICS
Total renewable energy generated in 2024:
9,603.3 TWh
Total renewable energy generated in 2029:
11,980.6 TWh
Proportion of electricity capacity attributable to renewable energy in 2029:
7%
Forecast period:
2024-2029
Overview
Our "Renewable Energy Technology" research suite provides detailed analysis of the renewable energy technology market; allowing renewable energy technology manufacturers and renewable energy suppliers to gain an understanding of key trends, potential rapid growth factors and opportunities, and the competitive environment.
Providing multiple options that can be purchased separately, major factors of the research suite include access to data mapping the deployment of renewable energy technologies and the future growth rate of the renewable energy technologies market, a detailed study revealing the latest opportunities and trends within the market, and an insightful document containing an extensive analysis of 15 renewable energy vendors and providers within the space; detailing largest market share. The coverage can also be purchased as a Full Research Suite, containing all of these elements, at a substantial discount.
Collectively, these elements provide an effective tool for understanding this constantly evolving sources of energy market, enabling renewable energy technology manufacturers and providers to set out their future strategies. The renewable energy market report's unparalleled coverage makes this research suite an incredibly useful resource for gauging the future of the demand of electricity in this complex renewable energy sector.
Key Features
Market Dynamics: Insights into key trends and market expansion challenges within the renewable energy market such as offshore wind projects; addressing the challenges posed by the evolving nature of renewable energy technologies, technological advancements, commercial and consumer barriers to renewable energy technology adoption, in addition to analysis of multiple renewable energy technology use cases. The renewable energy technology market share research also includes a Country Readiness Index; analysing the current development and growth of the renewable energy technology market in 60 countries, as well as providing a future outlook.
Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and key findings within the renewable energy technology market, accompanied by key strategic recommendations for renewable energy technology vendors.
Benchmark Industry Forecasts: This clean electricity overview into renewable energy technology includes forecasts presenting renewable energy hardware spend, operational costs, and installed renewable energy capacity and generation; split by different renewable energy sources including wind energy, solar energy, hydro, and bioenergy. The forecast also includes accompanying forecasts for fossil fuels and annual emissions, including coal, gas, and oil power plants.
Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 15 renewable energy companies, via the Juniper Research Competitor Leaderboard, featuring renewable energy market size for major players in the renewable energy technology industry.
SAMPLE VIEW
Market Data & Forecasting Report
The numbers tell you what's happening, but our written report details why, alongside the methodologies.
Market Trends & Strategies Report
A comprehensive analysis of the current market landscape, alongside strategic recommendations.
The market-leading research suite for the "Renewable Energy Technology" market includes access to the full set of forecast data, consisting of 127 tables and over 57,900 datapoints. Metrics in the research suite include:
Total Installed Energy Capacity
Total Operational Costs of Energy Technology
Total Wholesale Cost of Energy
Proportion Attributable to Total Electricity Generation
Amount of Carbon Emissions Avoided/Produced
These metrics are provided for the following key market verticals:
Renewable Energy Sources & Technology
Wind Turbines Power
Onshore Wind Power
Offshore Wind Power
Solar Power
Hydroelectric Power
Bioenergy Power
Non-renewable Energy Sources & Technology
Coal Power
Gas Power
Oil Power
Nuclear Power
The Juniper Research Interactive Forecast Excel contains the following functionality:
Statistics Analysis: Users benefit from the ability to search for specific metrics, displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
Country Data Tool: This tool lets the user look at metrics for all regions and countries in the forecast period. Users can refine the metrics displayed via the search bar.
Country Comparison Tool: Users can select and compare specific countries in this country-level report. The ability to export graphs is included in this tool.
What-if Analysis: Here, users can compare forecast metrics against their own assumptions, via five interactive scenarios.
Market Trends & Strategies Report
This energy efficiency report examines the "Renewable Energy Technology" market landscape in detail; assessing market trends and factors shaping the evolution of this growing market, such as offshore wind technology and pyramidal solar lenses. The report delivers comprehensive analysis of the strategic opportunities for renewable energy technology providers and market participants; addressing key verticals and developing challenges, and how vendors should navigate these. As well as looking into renewable technology use cases, it also includes evaluation of key country-level opportunities for renewable energy growth.
Competitor Leaderboard Report
The renewable sources Competitor Leaderboard report provides a detailed evaluation and market positioning for 15 leading vendors in the renewable energy space. These renewable electricity vendors are positioned as an established leader, leading challenger, or disruptor and challenger, based on capacity and capability assessments.
The 15 renewable energy technology vendors consist of:
Brookfield Renewable Corporation
Canadian Solar Inc
China Three Gorges Corporation
Eletrobras
Envision
First Solar
General Electric Vernova
Goldwind
Iberdrola
JinkoSolar Holding Company
NextEra Energy
Orsted
Siemens Gamesa
Sonnedix
Vestas Wind Systems A/S
This document is centred around the Juniper Research Competitor Leaderboard, a vendor positioning tool that provides an at a glance view of the competitive landscape in a market, backed by a robust methodology.
Table of Contents
Market Trends & Strategies
1. Key Takeaways & Strategic Recommendations
1.1. Key Takeaways
1.2. Strategic Recommendations
2. Market Landscape
2.1. Introduction
2.2. Definitions
2.3. Renewable Energy Market
Figure 2.1: Renewable Energy Market Landscape
2.3.1. Types of Renewable Energy
i. Wind Energy
Figure 2.2: Onshore & Offshore Wind Turbines
ii. Solar Energy
Figure 2.3: Solar PV Farm
iii. Hydroelectric Energy
Figure 2.4: Hydroelectric Power Plant with a Reservoir
iv. Bioenergy
v. Hydrogen
vi. Geothermal Energy
Figure 2.5: Geothermal Energy Generated from the Earth's Core
vii. Nuclear Energy
2.3.2. Renewable Energy and the Grid
Figure 2.6: Renewable Energy Generation & Distribution to the Grid
2.4. Methods & Technologies Used in Renewable Energy
2.4.1. Wind Technologies & Methods
i. Onshore Wind Turbine
ii. Offshore Wind Turbine
2.4.2. Solar Technologies & Methods
i. Solar PV Panel
ii. Solar Thermal Panel
Figure 2.7: Evacuated Tube Collector Solar Thermal Panel
2.4.3. Hydroelectric Technologies & Methods
i. Hydroelectric Power Plants
ii. Hydroelectric Turbines
Figure 2.8: Francis Hydroelectric Turbine
2.4.4. Bioenergy Technologies & Methods
i. Biomass Combustion
ii. Bacterial Decomposition
iii. Conversion to a Gas Fuel
iv. Conversion to a Liquid Fuel
2.4.5. Hydrogen Technologies & Methods
i. Steam-methane Reforming
ii. Electrolysis
iii. Partial Oxidation
iv. Biomass Gasification
v. Thermochemical Water Splitting
vi. Photolytic Water Splitting
2.4.6. Geothermal Technologies & Methods
2.4.7. Nuclear Technologies & Methods
2.5. Potential Energy Storage
2.5.1. Pumped Hydroelectricity Energy Storage
Figure 2.9: Closed-loop Pumped Hydroelectric Energy Storage Diagram
2.5.2. Thermal & Phase Transition Energy Storage
i. Liquid-to-air Transition Energy Storage
ii. Thermal Sand Batteries
2.5.3. Mechanical Energy Storage
i. Compressed Air Energy Storage
ii. Gravitational Energy Storage
iii. Flywheel Energy Storage
iv. Pumped Heat Electrical Storage
2.5.4. Hydrogen Storage
2.5.5. Electrochemical/Electricity Storage
i. Lithium-ion Battery Storage
ii. Flow Battery Storage
2.6. Key Trends, Market Drivers, and Constraints
2.6.1. Government Policies & Incentives
i. Solar PV Policies
ii. Wind Energy Policies
iii. Hydroelectric Energy Policies
2.6.2. International Trading
2.6.3. Solar PV Oversupply
2.6.4. Offshore Projects Under Threat
2.7. Future Outlook
3. Segment Analysis
3.1. Case Studies
3.1.1. Solar AquaGrid Solar Canal Project
3.1.2. Whitelee Windfarm
3.1.3. Red Rock Hydroelectric Project
3.1.4. Attero & Peka Kroef
3.2. Innovations
3.2.1. Solar Innovations
i. Floatovoltaics
ii. Pyramidal Lenses
Figure 3.1: Pyramidal Lens in Three Stages of Development
iii. Solar Cells
3.2.2. Wind Innovations
i. Bladeless Wind Turbines
ii. Floating Wind Turbines
iii. Flying Wind Power
3.2.3. Hydroelectric Innovations
i. Helicoid Penstocks
ii. VIVACE (Vortex Induced Vibration for Aquatic Clean Energy)
4. Country Readiness Index
4.1. Introduction to Country Readiness Index
Figure 4.1: Renewable Energy Technology Country Readiness Index Regional Definitions
Table 4.2: Juniper Research Country Readiness Index Scoring Criteria: Renewable Energy Technology
Figure 4.3: Juniper Research Country Readiness Index: Renewable Energy Technology
Figure 4.4: Renewable Energy Technology Country Readiness Index: Market Segments
4.1.1. Focus Markets
i. Offshore Wind Investment
ii. Easing International Trading
iii. Renewable Energy Is Not Yet the Primary Energy Source
4.1.2. Growth Markets
i. Large Potential for Increased Renewable Energy Generation
ii. Markets with Great Investment Opportunities
4.1.3. Saturated Markets
4.1.4. Developing Markets
Table 4.11: Juniper Research's Country Readiness Index Heatmap: North America
Table 4.12: Juniper Research's Country Readiness Index Heatmap: Latin America
Table 4.13: Juniper Research's Country Readiness Index Heatmap: West Europe
Table 4.14: Juniper Research's Country Readiness Index Heatmap: Central & East Europe
Table 4.15: Juniper Research's Country Readiness Index Heatmap: Far East & China
Table 4.16: Juniper Research's Country Readiness Index Heatmap: Indian Subcontinent
Table 4.17: Juniper Research's Country Readiness Index Heatmap: Rest of Asia Pacific
Table 4.18: Juniper Research's Country Readiness Index Heatmap: Africa & Middle East
Competitor Leaderboard
1. Juniper Research Renewable Energy Technologies Competitor Leaderboard
1.1. Why Read this Report
Table 1.1: Juniper Research Competitor Leaderboard: Renewable Energy Technology Vendors Included & Product Profiles
Figure 1.2: Juniper Research Competitor Leaderboard: Renewable Energy Technology Vendors
Table 1.3: Juniper Research Competitor Leaderboard Vendors & Positioning: Renewable Energy Technologies
Table 1.4: Juniper Research Competitor Leaderboard Heatmap: Renewable Energy Technology Vendors
2. Renewable Energy Technology Vendor Profiles
2.1. Renewable Energy Technology Vendors
2.1.1. Brookfield Renewable
i. Corporate
Table 2.1: Brookfield Renewable Revenue for 2022 & 2023