Global Renewable Energy Technology Market: 2024-2029

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
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
      • Figure 2.2: Brookfield Renewable's Holtwood Hydroelectric Facility
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.2. Canadian Solar Incorporated
    • i. Corporate
      • Table 2.3: Canadian Solar Revenue for 2022 & 2023
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.3. China Three Gorges Corporation
    • i. Corporate
      • Table 2.4: CTG Revenue for 2022 & 2023
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.4. Eletrobras
    • i. Corporate
      • Table 2.5: Eletrobras Revenue for 2022-2023
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.5. Envision
    • i. Corporate
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.6. First Solar
    • i. Corporate
      • Table 2.6: First Solar Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.7. General Electric Vernova
    • i. Corporate
      • Table 2.7: GE Vernova Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.8. Goldwind
    • i. Corporate
      • Table 2.8: Goldwind Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.9. Iberdrola
    • i. Corporate
      • Table 2.9: Iberdrola Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.10. JinkoSolar Holding Company
    • i. Corporate
      • Table 2.10: JinkoSolar Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.11. NextEra Energy
    • i. Corporate
      • Table 2.11: NextEra Energy Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.12 Orsted
    • i. Corporate
      • Table 2.12: Orsted Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.13. Siemens Gamesa
    • i. Corporate
      • Table 2.13: Siemens Gamesa Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.14. Sonnedix
    • i. Corporate
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
  • 2.1.15. Vestas Wind Systems A/S
    • i. Corporate
      • Table 2.14: Vestas Wind Systems A/S Revenue for 2022 & 2023 ($m)
    • ii. Geographical Spread
    • iii. Key Clients & Strategic Partnerships
    • iv. High-level View of Offerings
    • v. Juniper Research Strategic Recommendations & Key Opportunities
      • Table 2.15: Juniper Research Competitor Leaderboard Scoring Criteria: Renewable Energy Technology Vendors

Data & Forecasting

1. Renewable and Non-renewable Energy Technology Forecast Methodology

• 1.1. Methodology & Assumptions
  • Figure 1.1: Onshore Wind Energy Forecast Methodology
  • Figure 1.2: Offshore Wind Energy Forecast Methodology
  • Figure 1.3: Solar Energy Forecast Methodology
  • Figure 1.4: Hydroelectric Energy Forecast Methodology
  • Figure 1.5: Bioenergy Energy Forecast Methodology
  • Figure 1.6: Coal Energy Forecast Methodology
  • Figure 1.7: Gas Energy Forecast Methodology
  • Figure 1.8: Oil Energy Forecast Methodology
  • Figure 1.9: Nuclear Energy Forecast Methodology

2. Wind Energy Forecasts

• 2.1. Onshore Wind Energy
  • 2.1.1. Total Installed Onshore Wind Capacity
    • Figure & Table 2.1: Total Global Installed Onshore Wind Capacity (GW), Split by 8 Key Regions, 2024-2029
  • 2.1.2. Total Spend on Onshore Wind Turbines per annum
    • Figure & Table 2.2: Total Spend on Onshore Wind Turbines ($m), Split by 8 Key Regions, 2024-2029
  • 2.1.3. Total Onshore Wind Operating Costs
    • Figure & Table 2.3: Total Global Onshore Wind Operating Costs ($m), Split by 8 Key Regions, 2024-2029
  • 2.1.4. Total Wholesale Cost of Onshore Wind Energy
    • Figure & Table 2.4: Total Global Price of Wholesale Onshore Wind Energy ($m), Split by 8 Key Regions, 2024-2029
• 2.2. Offshore Wind Energy
  • 2.2.1. Total Installed Offshore Wind Capacity
    • Figure & Table 2.5: Total Installed Offshore Wind Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 2.2.2. Total Spend on Offshore Wind Turbines
    • Figure & Table 2.6: Total Spend on Offshore Wind Turbines Globally ($m), Split by 8 Key Regions, 2024-2029
  • 2.2.3. Total Offshore Wind Turbine Operating Costs
    • Figure & Table 2.7: Total Offshore Wind Turbine Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 2.2.4. Total Wholesale Cost of Offshore Wind Energy
    • Figure & Table 2.8: Total Wholesale Cost of Offshore Wind Energy Globally ($m), Split by 8 Key Regions, 2024-2029
• 2.3. Wind Energy
  • 2.3.1. Proportion of Electricity Capacity Attributable to Wind
    • Figure & Table 2.9: Proportion of Global Electricity Capacity Attributable to Wind Energy (%), Split by 8 Key Regions, 2024-2029
  • 2.3.2. Total CO2 Equivalent Avoided Through Wind
    • Figure & Table 2.10: Total CO2e Avoided by Wind Energy Globally (Gt), Split by Key Regions, 2024-2029

3. Solar Energy Forecasts

• 3.1. Solar Energy
  • 3.1.1. Total Installed Solar Capacity
    • Figure & Table 3.1: Total Installed Solar Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 3.1.2. Total Spend on Solar Modules
    • Figure & Table 3.2: Total Spend on Solar Modules Globally ($m), Split by 8 Key Regions, 2024-2029
  • 3.1.3. Total Solar Module Operating Costs
    • Figure & Table 3.3: Total Solar Module Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 3.1.4. Total Wholesale Cost of Solar Energy
    • Figure & Table 3.4: Total Wholesale Cost of Solar Energy ($m), Split by 8 Key Regions, 2024-2029
  • 3.1.5. Proportion of Electricity Capacity Attributable to Solar
    • Figure & Table 3.5: Proportion of Electricity Capacity Attributable to Solar Globally (%), Split by 8 Key Regions, 2024-2029
  • 3.1.6. Total CO2 Equivalent Avoided Through Solar
    • Figure & Table 3.6: Total CO2e Avoided Through Solar Globally (Gt), Split by 8 Key Regions, 2024-2029

4. Hydroelectric Energy Forecasts

• 4.1. Hydroelectric Energy
  • 4.1.1. Total Installed Hydroelectric Energy Capacity
    • Figure & Table 4.1: Total Installed Hydroelectric Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 4.1.2. Total Spend on Hydroelectric Plant Installation
    • Figure & Table 4.2: Total Spend on Hydroelectric Power Plant Installation Globally ($m), Split by 8 Key Regions, 2024-2029
  • 4.1.3. Total Hydroelectric Plant Operating Costs
    • Figure & Table 4.3: Total Hydroelectric Plant Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 4.1.4. Total Wholesale Cost of Hydroelectric Energy
    • Figure & Table 4.4: Total Wholesale Cost of Hydroelectric Energy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 4.1.5. Proportion of Electricity Generated Attributable to Hydro
    • Figure & Table 4.5: Proportion of Electricity Generated Attributable to Hydro Globally (%), Split by 8 Key Regions, 2024-2029
  • 4.1.6. Total CO2 Equivalent Avoided Through Hydro
    • Figure & Table 4.6: Total CO2e Avoided Through Hydro Globally (Gt), Split by 8 Key Regions, 2024-2029

5. Bioenergy Forecasts

• 5.1. Bioenergy
  • 5.1.1. Total Installed Bioenergy Capacity
    • Figure & Table 5.1: Total Installed Bioenergy Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 5.1.2. Total Spend on Bioenergy Plant Installation
    • Figure & Table 5.2: Total Spend on Bioenergy Plant Installation Globally ($m), Split by 8 Key Regions, 2024-2029
  • 5.1.3. Total Bioenergy Plant Operating Costs
    • Figure & Table 5.3: Total Bioenergy Plant Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 5.1.4. Total Wholesale Cost of Bioenergy
    • Figure & Table 5.4: Total Wholesale Cost of Bioenergy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 5.1.5. Proportion of Electricity Capacity Attributable to Bioenergy
    • Figure & Table 5.5: Proportion of Electricity Capacity Attributable to Bioenergy Globally (%), Split by 8 Key Regions, 2024-2029
  • 5.1.6. Total CO2 Equivalent Avoided Through Bioenergy
    • Figure & Table 5.6: Total CO2e Avoided Through Bioenergy Globally (Gt), Split by 8 Key Regions, 2024-2029

6. Coal Energy Forecasts

• 6.1. Coal Energy
  • 6.1.1. Total Installed Coal Capacity
    • Figure & Table 6.1: Total Installed Coal Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 6.1.2. Total Coal Plant Operating Costs
    • Figure & Table 6.2: Total Coal Plant Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 6.1.3. Total Wholesale Cost of Coal Energy
    • Figure & Table 6.3: Total Wholesale Cost of Coal Energy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 6.1.4. Proportion of Electricity Capacity Attributable to Coal Power
    • Figure & Table 6.4: Proportion of Electricity Capacity Attributable to Coal Power Globally (%), Split by 8 Key Regions, 2024-2029
  • 6.1.5. Total CO2 Produced by Coal Energy Generation
    • Figure & Table 6.5: Total Amount of CO2 Produced From Coal Energy Generation Globally (Gt), Split by 8 Key Regions, 2024-2029

7. Gas Energy Forecasts

• 7.1. Gas Energy
  • 7.1.1. Total Installed Gas Power Capacity
    • Figure & Table 7.1: Total Installed Gas Power Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 7.1.2. Total Gas Plant Operating Costs
    • Figure & Table 7.2: Total Gas Plant Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 7.1.3. Total Wholesale Cost of Gas Energy
    • Figure & Table 7.3: Total Wholesale Cost of Gas Energy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 7.1.4. Proportion of Electricity Capacity Attributable to Gas Power
    • Figure & Table 7.4: 7.1.4. Proportion of Electricity Capacity Attributable to Gas Power Globally (%), Split by 8 Key Regions, 2024-2029
  • 7.1.5. Total CO2 Produced From Gas Energy Generation
    • Figure & Table 7.5: 7.1.5. Total CO2 Produced From Gas Energy Generation Globally (Gt), Split by 8 Key Regions, 2024-2029

8. Oil Energy Forecasts

• 8.1. Oil Energy
  • 8.1.1. Total Installed Oil Power Capacity
    • Figure & Table 8.1: Total Installed Oil Power Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 8.1.2. Total Oil Plant Operating Costs per annum
    • Figure & Table 8.2: Total Oil Plant Operating Costs Globally per annum ($m), Split by 8 Key Regions, 2024-2029
  • 8.1.3. Total Wholesale Cost of Oil Energy
    • Figure & Table 8.3: Total Wholesale Cost of Oil Energy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 8.1.4. Proportion of Electricity Capacity Attributable to Oil Power
    • Figure & Table 8.4: Proportion of Electricity Capacity Attributable to Oil Power (%), Split by 8 Key Regions, 2024-2029
  • 8.1.5. Total CO2 Produced From Oil Energy Generation
    • Figure & Table 8.5: Total CO2 Produced From Oil Energy Generation Globally (Gt), Split by 8 Key Regions, 2024-2029

9. Nuclear Energy Forecasts

• 9.1. Nuclear Energy
  • 9.1.1. Total Installed Nuclear Power Capacity
    • Figure & Table 9.1: Total Installed Nuclear Power Capacity Globally (GW), Split by 8 Key Regions, 2024-2029
  • 9.1.2. Total Nuclear Plant Operating Costs
    • Figure & Table 9.2: Total Nuclear Power Plant Operating Costs Globally ($m), Split by 8 Key Regions, 2024-2029
  • 9.1.3. Total Wholesale Cost of Nuclear Energy
    • Figure & Table 9.3: Total Wholesale Cost of Nuclear Energy Globally ($m), Split by 8 Key Regions, 2024-2029
  • 9.1.4. Proportion of Electricity Capacity Attributable to Nuclear Power
    • Figure & Table 9.4: Proportion of Electricity Capacity Attributable to Nuclear Power Globally (%), Split by 8 Key Regions, 2024-2029