The Wind and Solar Boom

Published on21 JUL 2017

Falling wind and solar costs are set to spur even greater investment in renewable technologies. Goldman Sachs Research’s Alberto Gandolfi forecasts that by 2023, renewables will be able to operate without government subsidies. From there, Gandolfi expects wind and solar deployment to accelerate, reaching $3 trillion over the next 20 years.

 

 

What started as a decarbonization process thanks to better technology is about to become a process driven by costs and the economics.

- Alberto Gandolfi

Alberto Gandolfi
Head, European Utilities Research, Goldman Sachs Research