{"id":9036,"date":"2018-05-09T14:33:14","date_gmt":"2018-05-09T05:33:14","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=9036"},"modified":"2023-02-16T17:39:18","modified_gmt":"2023-02-16T08:39:18","slug":"wind-shine-future-renewable-energy","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/","title":{"rendered":"Wind or Shine: The Future of Renewable Energy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"9036\" class=\"elementor elementor-9036\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-20fd713b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"20fd713b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16f9df71\" data-id=\"16f9df71\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-696ecab elementor-widget elementor-widget-text-editor\" data-id=\"696ecab\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>The views expressed in this editorial are the author\u2019s own, and do not necessarily reflect the official opinion of Samsung C&amp;T Corporation.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6876904 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"6876904\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c980e54 elementor-widget elementor-widget-text-editor\" data-id=\"c980e54\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Whole cities powered by wind and solar may no longer be the dream fodder of futurologists. The cost of renewable energy is falling rapidly and a report by the International Renewable Energy Agency (IRENA) predicts renewables will be a\u00a0<a href=\"https:\/\/www.irena.org\/-\/media\/Files\/IRENA\/Agency\/Publication\/2018\/Jan\/IRENA_2017_Power_Costs_2018.pdf\">cheaper source of electricity<\/a>\u00a0than traditional fossil fuels by 2020.<\/p><p>The cost of generating power from offshore wind has fallen by 23% since 2010, while the cost of solar photovoltaic (PV) energy has fallen by 73% in the same time. The drive for renewables is no longer just about decarbonization \u2013 it\u2019s just good economic sense. Behind this change in the energy landscape are new competitive bidding processes, a growing pool of experienced developers, and major advancements in technology.<\/p><p style=\"text-align: right;\">Source: Samsung C&amp;T&#8217;s Renewable Power Generation Project<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2581411 elementor-widget elementor-widget-heading\" data-id=\"2581411\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The Lowest Bidder<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a25135 elementor-widget elementor-widget-text-editor\" data-id=\"5a25135\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The rapid expansion of renewable energy has, in part, been possible thanks to government support policies. Typically, these policies help promote the adoption of renewable energy while also achieving other objectives including job creation, development of local industry, and energy diversification.<\/p><p>Renewable energy auctions, also known as procurement auctions, take place when the government issues a call for developers to install a certain capacity of renewable energy-based electricity. Project developers then submit a bid with a price per unit of electricity and the government evaluates the offer based on price and other criteria, such as the share in local manufacturing, technological specifications, and environmental requirements. After a winner is selected, the government signs a purchasing agreement with the successful bidder. These auctions have seen a steady increase in the last decade.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eeb47b0 elementor-widget elementor-widget-image\" data-id=\"eeb47b0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-1-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MzIsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC8wNTAyX2N0XHVhZGY4XHViNzk4XHVkNTA0LTEtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"561\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-1-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34832\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-1-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-1-1-300x219.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-315d26d elementor-widget elementor-widget-text-editor\" data-id=\"315d26d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In 2009, just 9 countries were using auctions to boost the renewable energy sector. That increased to 44 by early 2013, 68% of which were developing countries. The trend has continued with countries like\u00a0<a href=\"https:\/\/nation.com.pk\/14-Dec-2017\/power-generation-contracts-to-be-awarded-through-competitive-bidding\">Pakistan adopting auction models<\/a>\u00a0for renewable energy as recently as 2017.<\/p><p>Properly designed auction systems have increased the cost efficiency of renewable energy by allowing price discovery while avoiding potential windfall profits or underpayment. In IRENA\u2019s analysis of auction results for 7,000 projects, record low auction prices for solar PV in 2016 and 2017 in Dubai, Mexico, Peru, Chile, Abu Dhabi, and Saudi Arabia showed that a levelized cost of electricity (LCOE) of $0.03\/kWh is possible from 2018 and beyond.<\/p><p>Auction systems have also helped increase the number of medium-to-large project developers capable of competing in the market.<\/p><p style=\"text-align: right;\"><em>Source: Samsung C&amp;T&#8217;s Renewable Power Generation Project<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80ef2a3 elementor-widget elementor-widget-heading\" data-id=\"80ef2a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A Growing Pool of Experience<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77b5111 elementor-widget elementor-widget-text-editor\" data-id=\"77b5111\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>As the costs have driven down, and the number of projects has increased, the number of experienced medium-to-large scale developers has also seen a rapid increase. Many have seen their domestic markets slow and have looked abroad to maintain their business growth. As a result, new markets have benefited greatly from lessons learned by experienced developers, including those that drive down installment costs. Along with local partners to help navigate local regulations and business practices, these experienced project developers are helping new markets achieve competitive pricing.<\/p><p>Experienced project developers bring with them standardized approaches to supply chain and procurement that also help drive down costs. Along with a lower barrier to entry presented by competitive bidding, both solar PV and wind energy are expected to see continued growth beyond 2018.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de4a663 elementor-widget elementor-widget-image\" data-id=\"de4a663\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-2-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4MzUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC8wNTAyX2N0XHVhZGY4XHViNzk4XHVkNTA0LTItMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"561\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-2-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34835\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-2-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/0502_ct\uadf8\ub798\ud504-2-1-300x219.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b24651b elementor-widget elementor-widget-text-editor\" data-id=\"b24651b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The number of jobs in the US solar PV market, for example,\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-10\/even-as-trump-s-tariffs-crimp-growth-solar-jobs-are-on-the-rise\">increased three-fold<\/a>\u00a0between 2010 and 2016, taking only a slight dip in 2017 due to threats of tariffs. Overall, the global industry is still in a growth trend.<\/p><p>In India, for example, rising competition and the renegotiation of power purchase agreements has lead the countries leading solar PV companies to look at emerging markets, such as Bangladesh, to expand their portfolio.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-98f7e22 elementor-widget elementor-widget-heading\" data-id=\"98f7e22\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advancing Technology<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b47502 elementor-widget elementor-widget-text-editor\" data-id=\"9b47502\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Aggressive innovation in renewable power generation has been a hallmark of the industry over the last decade. With falling equipment costs, innovations that improve manufacturing efficiency, equipment performance, and installment costs have taken on increasing importance.<\/p><p>Innovations such as larger wind turbines that can harvest more electricity and new solar PV cells with greater efficiency and larger capacities will be more common. The past few years in the solar industry have been a race to the top. Stiff competition between panel manufacturers led to a record-setting\u00a0<a href=\"http:\/\/www.eenewseurope.com\/node\/104485\">33% efficiency<\/a>\u00a0earlier this year.\u00a0\u00a0<\/p><p>Big data has also played a major role, allowing improved predictive maintenance and reduced operation costs. As the technology it has also become more reliable, meaning less project risk and reduced capital costs to begin development. Together, these innovations will continue to drive down the cost of renewable energy worldwide.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1a6397 elementor-widget elementor-widget-heading\" data-id=\"f1a6397\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Outlook for Renewables<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6370383 elementor-widget elementor-widget-image\" data-id=\"6370383\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2018\/05\/940x687_sub5-1.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MzQ4NDAsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMThcLzA1XC85NDB4Njg3X3N1YjUtMS5qcGcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"561\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/940x687_sub5-1.jpg\" class=\"attachment-medium_large size-medium_large wp-image-34840\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/940x687_sub5-1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/940x687_sub5-1-300x219.jpg 300w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23ca5bf elementor-widget elementor-widget-text-editor\" data-id=\"23ca5bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The rate of cost reduction for renewable energy has been staggering, and it\u2019s a trend that is expected to continue. Cost of solar PV modules have fallen at a faster rate than wind electricity costs, but both are predicted to continue falling through over the next two years. By 2020, all renewable energy technologies are expected to provide comparable costs to the lower end of fossil-fuel costs, and solar PV and wind power will provide some of the lowest cost energy from any source on the market.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The views expressed in this editorial are the author\u2019s own, and do not necessarily reflect the official opinion of Samsung C&amp;T Corporation. Whole cities powered by wind and solar may no longer be the dream fodder of futurologists. The cost of renewable energy is falling rapidly and a report by the International Renewable Energy Agency [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[1753,1754,1755,1756,1757,1758,1759,822,302,823,1760,1761,1762,1763,1764,1765,1766,1767,834,1768,1769,1770,1771],"class_list":["post-9036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment","tag-electricity","tag-energy","tag-energy-auction","tag-energy-bidder","tag-energy-developers","tag-energy-price","tag-energy-price-drop","tag-energy-source","tag-energy-technology","tag-future-energy","tag-future-of-electricity","tag-international-renewable-energy-agency","tag-irena","tag-lowest-energy","tag-onshore-wind","tag-photovoltaic-energy","tag-power-generation","tag-pv","tag-renewable-energy","tag-renewable-power-generation","tag-solar-energy","tag-solar-pv","tag-wind-energy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wind or Shine: The Future of Renewable Energy - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wind or Shine: The Future of Renewable Energy - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"The views expressed in this editorial are the author\u2019s own, and do not necessarily reflect the official opinion of Samsung C&amp;T Corporation. Whole cities powered by wind and solar may no longer be the dream fodder of futurologists. The cost of renewable energy is falling rapidly and a report by the International Renewable Energy Agency [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\" \/>\n<meta property=\"og:site_name\" content=\"Samsung C&amp;T Newsroom\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-09T05:33:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-16T08:39:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2018\/05\/1200x959-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"959\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samsung C&amp;T Global PR Manager\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\"},\"author\":{\"name\":\"Samsung C&amp;T Global PR Manager\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#\/schema\/person\/7c21bf3897113ac1b49ed07b1d871d08\"},\"headline\":\"Wind or Shine: The Future of Renewable Energy\",\"datePublished\":\"2018-05-09T05:33:14+00:00\",\"dateModified\":\"2023-02-16T08:39:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\"},\"wordCount\":858,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2018\/05\/1200x959-2.jpg\",\"keywords\":[\"electricity\",\"energy\",\"energy auction\",\"energy bidder\",\"energy developers\",\"energy price\",\"energy price drop\",\"energy source\",\"energy technology\",\"future energy\",\"future of electricity\",\"International Renewable Energy Agency\",\"IRENA\",\"lowest energy\",\"onshore wind\",\"Photovoltaic energy\",\"power generation\",\"PV\",\"renewable energy\",\"renewable power generation\",\"solar energy\",\"solar pv\",\"wind energy\"],\"articleSection\":[\"Trading &amp; Investment\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\",\"url\":\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2018-05-wind-shine-future-renewable-energy\/\",\"name\":\"Wind or Shine: The Future of Renewable Energy - 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