3min chapter

HSBC Global Viewpoint: Banking and Markets cover image

HSBC Transition Pathways: Unlocking the energy pathway

HSBC Global Viewpoint: Banking and Markets

CHAPTER

Wind and PV - What Are the Biggest Hiccups?

Costs and financing are the biggest hurdles to renewable energy development, says Sir Chris Woodhead. Most of this is pointed towards sort of the next phase of technologies such as hydrogen or biogas that need finance for commercial deployment. Government has played a key role in helping wind and PV become cost competitive by providing demand-side pull.

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