Renewable energy: +230% in 17 years

Bloomberg New Energy Finance has recently published a report about renewable energy.
According to the analysts that have carried out the study, in the next 17 years there will be a
growth of 230% annual investment in renewable energy. In fact, although this sector is facing
difficult market conditions, some elements make feasible this prediction: lower costs of PV (and
wind energy) and improved technologies together converge towards ever greater convenience
compared to fossil fuels.

The percentage increase of investments translates into a total installed capacity provided of
3.500GW. So, by 2030, presumably there will be 70% of the new power from renewable energy
sources (in particular 30% from wind energy and 24% from PV 24%), 25% from fossil fuels and the remaining from nuclear power.