Renewable Energy grew on average by 25% per year for the past 20 years. That is a performance that I am sure anyone would be happy with. With those levels of growth in mind, how likely is that level of performance to repeat itself in the next 20 years.
Well if you consider that today Renewable energy accounts for 14% of all energy sources in the UK. It is anticipated that this will rise to 50% by 2030. That would mean tripling the Renewable energy output in less than 15 years. Now you can start to see how realistic a continued growth rate of 25% per year for the next 20 years seems.
So what does that level of growth look like from a value perspective. Let’s take a £1,000 investment as an example. If you