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Investment in Clean Energy Generation: CleanTech Opportunities to 2050

Written by Ramin J. Imani | Nov 21, 2024 3:51:50 PM

Investing in Clean Energy Generation: Strategic Insights for Sustainable Growth

As the demand for clean energy surges, energy generation technologies—solar, wind, bioenergy, nuclear, and geothermal—are emerging as the bedrock of global decarbonization efforts. Our White Paper explores the current state of these critical technologies, highlighting growth trends, investment potential, and the role of energy generation in achieving Net Zero by 2050. With a strategic view toward investment, this roadmap presents opportunities for private equity and corporate leaders aiming to lead the energy transition through forward-thinking investments and partnerships.

 

Unlocking the Future of Clean Energy: 7 Key Takeaways from Our White Paper

Energy Generation: The Bedrock of Sustainable Transformation - The energy sector is the backbone of the global green transition, responsible for 85% of carbon emissions. Transforming this sector is essential to achieving the Net Zero targets by 2050, which could reduce global emissions by 35%.

Significant Investment Growth in Clean Energy Generation - Investment in clean energy generation reached $4.1 trillion over the past decade, with solar and wind securing 82% of 2023’s $735 billion in clean energy funding (see Figure 1). These high-growth areas offer compelling investment opportunities as demand for clean energy surges. However, complementary technologies like hydropower, geothermal, and bioenergy also remain keys to a stable energy future.

Cost Competitiveness: The Role of Levelized Cost of Energy (LCOE) - Solar and wind have seen remarkable reductions in their Levelized Cost of Energy (LCOE), making them some of the most cost-effective sources of power today. Solar PV’s LCOE has dropped by 75% since 2014, while onshore wind has seen a 60% reduction, driving widespread adoption (see Figure 2). As clean energy technologies continue to evolve, tracking the LCOE helps to guide investment decisions, shape government policies, and determine which technologies will lead the transition toward a sustainable energy future.

Geopolitical Dynamics Shape Energy Security Strategies - The shifting geopolitics of Energy Generation highlights both challenges and opportunities. Countries that can secure the necessary materials, supply chain and scale their renewable energy production will be better positioned to achieve energy independence, boost economic growth, and reduce carbon emissions. However, access to critical minerals, supply chain vulnerabilities, and political instability in key regions present ongoing risks that could hinder progress. To explore the full regional analysis and gain deeper insights, download the complete white paper by filling out the form to the right.

Bridging the $36.4 Trillion Investment Gap to 2050 - Despite the robust investments seen to date, the path to meeting global Net Zero by 2050 targets requires a substantial increase in capital flow. Current investment trends, while promising, fall significantly short of the levels needed to fully transition to a carbon-neutral energy system. According to recent analyses, the total investment required to meet 2050 climate targets only across the Energy Generation segment is projected at 36.4 trillion USD, with solar and wind power alone requiring 70% of this funding.

Collaboration: The Key to Cost Reduction and Innovation - In the complex and rapidly evolving world of clean energy, collaboration between System Suppliers and Operators is proving to be a key factor in accelerating the deployment of renewable energy technologies. The integration of new technologies often involves overcoming a wide range of challenges, from managing high upfront costs to aligning new systems with operational needs and regulatory requirements.  By working together early and consistently, System Suppliers and Operators can develop, scale, and integrate advanced solutions that meet the growing global demand for clean energy.  These partnerships not only help lower costs but also improve efficiency, reduce risks, and accelerate time-to-market for Energy Generation projects (see Figure 3). 

 

The journey toward net-zero requires a collective and coordinated approach from investors, industry players, and governments alike. Mobilizing capital, fostering innovation, and aligning policy frameworks are critical to bridging the investment gap and driving the clean energy transition. In order to do this, we recommend the following strategic actions, broken down into short-term and long-term actions for each stakeholder group (see Figure 4).

Ready to Dive Deeper?

The future of clean energy generation is ripe with both challenges and unprecedented opportunities. Download our full White Paper for an in-depth look at the strategies, technologies, and partnerships driving the energy transition.