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Fact Checking the Election Claims on Renewable Energy Economics

Of all the events I’ve attended in my 20 years in the solar industry, I will always remember the renewable energy finance conference I attended in 2012 where the major investment banks, pension funds, and project finance entities gave one presentation after another stating they treat wind and solar as any other energy generation asset class明升体育 when looking at returns and risk. This was a major turning point for the renewables industry, as finance is the heartbeat of the rapidly expanding industry.

Consider the following facts: renewable energy industry reaching $30B in 2016, renewables are the largest

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generator of and it’s by far the largest sector of . Since that conference, my phone has been ringing repeatedly, and weekly, with calls from the finance community looking for projects to purchase. Demand for projects far outstrips supply. The rate of return and the low risk profiles are that good.

So it amazes me that our new president and other elected officials can stand in front of the country and claim over and over that wind and solar power does not . Clearly Wall Street and other finance entities do not put capital work into a near USD $1 trillion global industry that are not producing solid, predictable long term returns. Of course when confronted with actual facts, the conversation go right to the specious argument that taxpayer funded subsidies makes renewable energy projects possible. Anyone that knows me knows topic: the

明升体育The renewable energy industry has done remarkable work in bringing solar and wind to compete with a highly subsidized fossil fuel industry to a point that it’s now less costly than coal and on par with natural gas derived energy. The investment opportunity has never been better.

明升体育An excellent fact book on the U.S. sustainable energy transformation can be found at the bi-partisan

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