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Even with the recession, renewable energy performing well across the globe

Special report:Renewable energy sector grows despite recession, The Citizen, 13 August 2011, Paris. The renewable energy (RE) sector continues to perform well despite continuing economic recession, incentive cuts, and low natural-gas prices, the Renewables 2011 Global Status Report (GSR) released last month has shown.

In 2010, renewable energy supplied an estimated 16 per cent of global final energy consumption and delivered close to 20 per cent of global electricity production. Renewable capacity now comprises about a quarter of total global power-generating capacity. Including all hydropower (estimated 30 GW added in 2010), RE accounted for approximately 50 per cent of total added power generating capacity in 2010.

In 2010, existing solar water and space heating capacity increased by an estimated 25 gigawatts-thermal (GWth), or about 16 per cent. The report was commissioned by the Renewable Energy Policy Network for the 21st Century (REN21) and produced in collaboration with a global network of research partners.

“The global performance of renewable energy despite headwinds has been a positive constant in turbulent times”, says Mr Mohamed El-Ashry, chairman of REN21’s Steering Committee. “Today, more people than ever before derive energy from renewables as capacity continues to grow, prices continue to fall, and shares of global energy from renewable energy continue to increase.” …..http://thecitizen.co.tz/sunday-citizen/40-sunday-citizen-news/13743-special-reportrenewable-energy-sector-grows-despite-recession.htm

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August 15, 2011 - Posted by | 2 WORLD, renewable

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