The dramatic collapse in the price of crude oil in the second half of 2014 has been much commented on across the media. Some of that commentary has tried to work out whether this fall is good or bad news for the renewables sector, with mainstream, nonexpert opinion taking the view that as oil's competitive advantage is increased, renewables will suffer. That may or may not be the case, but the issue needs to be unpacked further beyond that simplistic analysis if players in the field are to work out how to react appropriately.
展开▼