The evolving outlook for project finance, as well as the gradual maturation of technologies, such as blockchain, present new challenges and opportunities for renewables, EY says in its latest Renewable Energy Country Attractiveness Index (RECAI) report. Uncertainty in the sector continues to drive a “relentless focus on cost” to soften the impact of protectionism, subsidy cuts and rising interest rates throughout the world, it adds. The renewables sector has benefited from the steady stream of capital that has been available to fund projects since the financial crisis. Image: Flickr/Dept of Energy Solar Decathlon Blockchain technology has the potential to significantly shape how electricity produced by distributed generation sources is managed, says EY. It points to LO3 Energy’s use of blockchain in New York City as one example of how the technology is already shaking up the energy sector. The company is using blockchain to facilitate the operation of a […]