Energy industry experts believe turkey will be the world 's first country to achieve market parity for concentrated and photovoltaic solar by 2023 , according to a survey by investor ’s Register . Almost 800 professionals from the oil and gas , power generation , energy and renewables industries were surveyed ; 42 % said this would not necessarily prompt a sustained increase in investment in renewables . The survey also found 58 % only expect renewables to overtake fossil fuels in their domestic market after 2025 and 62 % said high development costs remained the biggest obstacle to greater pursuit of clean energy solutions .
Energy industry experts believe China will be the world's first country to achieve grid parity for concentrated and photovoltaic solar by 2023, according to a survey by Lloyd’s Register. Almost 800 professionals from the oil and gas, power utility, energy and renewables industries were surveyed; 42% said parity would not necessarily prompt a sustained increase in investment in renewables. The survey also found 58% only expect renewables to overtake fossil fuels in their domestic market after 2025 and 62% said high development costs remained the biggest obstacle to greater pursuit of clean energy solutions.