Green Growth Still Setting the Pace | Renewable Energy World Magazine Article
Green Growth Still Setting the Pace | Renewable Energy World Magazine Article.
By Janet L. Sawin, Contributor
October 18, 2012
New Hampshire, USA — Renewable energy markets and policy frameworks have evolved rapidly in recent years. Despite a challenging economic backdrop, reports reveal growth across all sectors.
REN21’s Renewables Global Status Report — an overview of renewable energy market, industry, investment and policy developments worldwide, relying on an international network of more than 400 contributors — reveals that the sector continued to expand across all its various segments.
Renewable sources supplied an estimated 16.7 percent of global final energy consumption in 2010. Of this total, modern renewable energy (as opposed to traditional biomass) accounted for an estimated 8.2 percent, a share that has increased in recent years, while the share from traditional biomass has declined slightly to an estimated 8.5 percent. During 2011, modern renewables continued to grow strongly in all end-use sectors.
In the power sector, renewables accounted for almost half of the estimated 208 GW of electric capacity added globally during 2011. Wind and solar photovoltaics (PV) accounted for almost 40 percent and 30 percent of new renewable capacity respectively, followed by hydropower (nearly 25 percent). By end 2011, total renewable power capacity worldwide exceeded 1360 GW, up 8 percent over 2010; renewables comprised more than 25 percent of total global power-generating capacity (estimated at 5360 GW in 2011) and supplied an estimated 20.3 per cent of global electricity. Non-hydropower renewables exceeded 390 GW, a 24 percent capacity increase over 2010. For full article
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