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World Energy Congress report: Increase In Renewables Has Led To An Unprecedented Change In Energy Supply

Renewables such as solar, wind and hydropower now account for 23% of total global electricity productionRenewables such as solar, wind and hydropower now account for 23% of total global electricity production
The energy landscape has changed with most countries achieving a more diversified energy mix as well as a growth in community ownership and an evolution of micro-grids.A new report launched at the 23rd World Energy Congress on October 12th, 2016 reveals that the unexpectedly high growth in the renewable energies market, in terms of investment, new capacity and high growth rates in developing countries, is a key factor in this notable shift. It has contributed to falling prices and the increased decoupling of economic growth and greenhouse gas (GHG) emissions.

“Our report finds that the diversification of technologies and resources, now applied in the energy sector, creates many opportunities, but the enlarged complexity also leads to increased challenges,” said Hans-Wilhelm Schiffer, Executive Chair, World Energy Resources, speaking at the launch of the report.  Renewables now account for about 30% of the global installed power generating capacity

“The total global renewable energy based power capacity has doubled within the last ten years, from 1,037 GW in 2006 to 1,985 GW by the end of the year 2015. This has been caused by a record deployment in particular of wind and solar capacity for power generation.

Solar energy increased globally from 6 GW in 2006 to 227 GW in 2015, Schiffer notes.

“Renewables such as solar, wind and hydropower now account for about 30% of the total installed power generating capacity and 23% of total global electricity production and will continue to grow,” added Christoph Frei, Secretary General, World Energy Council.

“However, more progress is urgently needed to scale up action on energy efficiency, electric storage and carbon capture and storage.”

The report is available to download for all using the following link: www.worldenergy.org/

Source: http://www.solarserver.com/solar-magazine/solar-news/current/2016/kw41/world-energy-congress-report-increase-in-renewables-has-led-to-an-unprecedented-change-in-energy-supply.html



Category/ies:Articles, Hydropower Tech, Regional, Renewable Energy, Solar Energy, Wind energy.
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