Renewable Energy Percentage By Country

Renewable Energy Percentage By Country
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  • Figure 2 illustrates the approximate LCOE for utility-scale renewable and conventional energy sources in selected countries.(More…)
  • Brazil was the only country among the top 20 largest energy consumers to substantially exceed the global average renewable share in all end uses: electricity, transport and heating.(More…)
  • In 2015, Germany’s renewables sector met a higher percentage of the country?s energy needs than the conventional-energy sector.(More…)
  • Spain has continued to develop its wind energy production and consequently maintained its position amongst the top four countries in the world (after China, USA and Germany) and as the number two in Europe in terms of renewable energy production.(More…)
  • I think in terms of countries understanding how renewables can get into the end use sectors because that?s where the bulk of energy utilization is.(More…)
  • According to the U.S. Department of Energy, solar energy generation today costs around 6 cents per kilowatt-hour, and the price has dropped by 73% since 2010, according to International Renewable Energy Agency (IRENA).(More…)
  • In 2017, renewable energy’s share of electricity generation in the U.K. increased by 4.8 percentage pointsfrom 24.5 percent to 29.3 percent.(More…)


  • Based on REN21’s 2017 report, renewables contributed 19.3% to humans’ global energy consumption and 24.5% to their generation of electricity in 2015 and 2016, respectively.(More…)
  • While renewables have been very successful in their ever-growing contribution to electrical power there are no countries dominated by fossil fuels who have a plan to stop and get that power from renwables.(More…)
  • The International Geothermal Association (IGA) has reported that 10,715 MW of geothermal power in 24 countries is online, which is expected to generate 67,246 GWh of electricity in 2010. 131 This represents a 20% increase in geothermal power online capacity since 2005.(More…)
  • Apple also invests in wind, solar, and other clean energy facilities around the globe, builds its own energy sources, and ensures that any new offices and plants it constructs do actually run on 100 percent clean energy, like the newly opened Apple Park campus.(More…)
  • Dimitry says DTE is closing three of its coal-burning plants in five years, but she says it’s not feasible for renewables to take their place.(More…)
  • The bill would similarly reduce a 0.5 percent carve-out for solar energy.(More…)
  • It was a time when Germany was taking the lead on renewables development.(More…)
  • We however must emphasise that we are Africans who share historic commonalities with countries of the Global South which includes amongst others, the struggle against apartheid and colonialism.(More…)


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Figure 2 illustrates the approximate LCOE for utility-scale renewable and conventional energy sources in selected countries. [1] Where “oil-fired generation is the predominant power generation source (e.g. on islands, off-grid and in some countries) a lower-cost renewable solution almost always exists today”. 100 A series of studies by the U.S. National Renewable Energy Laboratory modeled the “grid in the Western U.S. under a number of different scenarios where intermittent renewables accounted for 33 percent of the total power.” [2] A number of Pacific island states have committed to high percentages of renewable energy use, both to serve as an example to other countries and to cut the high costs of imported fuels. [3] The principal cost drivers for a renewable energy project (energy resource, scale, CapEx and cost of capital) differ substantially from country to country (and even regionally in many countries). [1]

National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond, and some 120 countries have various policy targets for longer-term shares of renewable energy, including a 20% target of all electricity generated for the European Union by 2020. [2] National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond. 11 Some places and at least two countries, Iceland and Norway generate all their electricity using renewable energy already, and many other countries have the set a goal to reach 100% renewable energy in the future. [2] Interconnectors enable countries to balance electricity systems by allowing the import and export of renewable energy. [2] Renewable energy resources and significant opportunities for energy efficiency exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. [2] Many countries have shifted to auction-based procurement for renewable energy capacity. [1] Many developed countries have significantly higher penetrations of renewables in their energy systems, notably in Europe – for example, more than 56% of Germany?s installed capacity is renewable energy. [1] The International Renewable Energy Agency (IRENA) reports that by 2016 about 67 countries had adopted auction programmes. [1] By 2017, 173 countries had introduced policies to support investment in renewable energy through FIT and other support schemes. [1]

Figure 3: Share of renewable energy in total power sector generation investment, global installed capacity and annual installed capacity. [1]

Earlier this year, for one entire month, Portugal produced enough renewable energy to meet its entire electrical demand — although the country did rely on fossil fuels to balance out the periodic disconnect between supply and demand. [4] Germany was the first country to provide support for investments in renewable energy through the introduction of feed-in tariffs (FIT) in 1990. [1]

Renewable energy projects in many developing countries have demonstrated that renewable energy can directly contribute to poverty reduction by providing the energy needed for creating businesses and employment. [2] As of 2011, 119 countries have some form of national renewable energy policy target or renewable support policy. [2] Therefore the development and renewable energy consumption of the top countries should maintain an upward trajectory. [5] Falling prices for renewable energy supply is encouraging regulators in many countries to withdraw subsidies and state-sponsored off-take guarantees. [1] Renewable energy can be particularly suitable for developing countries. [2] Between 2010 and 2014, renewable energy consumption of the top countries has effectively doubled from 168 million tons to 316 million tons of oil equivalent. [5]

Some caution is necessary regarding the use of the term “grid parity?: The traditional definition of “grid parity? is that it is achieved when the LCOE of a renewable energy source is less than or equal to the LCOE of conventional power or the average electricity price on the grid. [1] Figure 3 illustrates that the share of renewable energy capacity additions as a percentage of total annual capacity additions has risen from about 50% in 2012 to about 70% in 2017. [1] This has brought down the capital cost (CapEx) to build solar PV and on-shore wind projects by 68% and 20% respectively, between 2010 and 2017, further reducing the delivered cost of electricity and increasing the attractiveness of renewable energy to governments and off-takers. [1] This practice can be traced back some 7000 years, to ships in the Persian Gulf 32 and on the Nile. 33 Moving into the time of recorded history, the primary sources of traditional renewable energy were human labor, animal power, water power, wind, in grain crushing windmills, 32 and firewood, a traditional biomass. [2] The collapsing oil and gas prices from 2014 have led to renewable energy sources being threatened, especially in the Middle East where oil is used for power generation. [5]

Brazil was the only country among the top 20 largest energy consumers to substantially exceed the global average renewable share in all end uses: electricity, transport and heating. [6] No country is exclusively reliant on non-renewable sources such as wind and solar, but many countries produce all energy with hydro power. [7] Of all of the countries investing in renewables, few are as in need of a fundamental rethink on energy policy as Japan. [6]

For countries having the largest percentage of electricity from renewables, the top 50 are primarily hydroelectric. [2] The incentive to use 100% renewable energy, for electricity, transport, or even total primary energy supply globally, has been motivated by global warming and other ecological as well as economic concerns. [2] Cedric Philibert, senior analyst in the renewable energy division at the IEA said: “Photovoltaic and solar-thermal plants may meet most of the world’s demand for electricity by 2060and half of all energy needswith wind, hydropower and biomass plants supplying much of the remaining generation”. [2] Renewable energy costs continue to drop, and the levelised cost of electricity ( LCOE ) is declining for wind power, solar photovoltaic ( PV ), concentrated solar power ( CSP ) and some biomass technologies. 100 Renewable energy is also the most economic solution for new grid-connected capacity in areas with good resources. [2] Solar power in New Zealand currently only generates 0.1 percent of New Zealand’s electricity since more emphasis has been placed on hydroelectric, geothermal, and wind power in New Zealand’s push for renewable energy. [3] In international public opinion surveys there is strong support for promoting renewable sources such as solar power and wind power. 10 At the national level, at least 30 nations around the world already have renewable energy contributing more than 20 percent of energy supply. [2]

The Saudi agency in charge of developing the nations renewable energy sector, Ka-care, announced in May 2012 that the nation would install 41 gigawatts of solar capacity by 2032, this plan was later was revised to 9.5 GW installed capacity. [3] This significant capital allocation to the renewable energy sector created a virtuous cycle for the deployment of renewable energy by increasing competition for projects and reducing the cost of capital, which led to a reduction in the delivered cost of electricity. [1] The major oil consumers primarily use renewable energy for electricity generation. [5] By 2040, renewable energy is projected to equal coal and natural gas electricity generation. [2] Substantially, because of its increasing competitiveness, the capacity of renewable energy has grown considerably, in recent years both in absolute terms as well as its relative share of installed capacity and generation. [1] The theory of peak oil was published in 1956. 39 In the 1970s environmentalists promoted the development of renewable energy both as a replacement for the eventual depletion of oil, as well as for an escape from dependence on oil, and the first electricity generating wind turbines appeared. [2] Other renewable energy technologies are still under development, and include cellulosic ethanol, hot-dry-rock geothermal power, and marine energy. 156 These technologies are not yet widely demonstrated or have limited commercialization. [2] The Intergovernmental Panel on Climate Change has said that there are few fundamental technological limits to integrating a portfolio of renewable energy technologies to meet most of total global energy demand. [2] Through a ministerial ruling in March 2004, the Spanish government removed economic barriers to the connection of renewable energy technologies to the electricity grid. [3] Use of biomass for fire did not become commonplace until many hundreds of thousands of years later, sometime between 200,000 and 400,000 years ago. 31 Probably the second oldest usage of renewable energy is harnessing the wind in order to drive ships over water. [2] Almost without a doubt the oldest known use of renewable energy, in the form of traditional biomass to fuel fires, dates from 790,000 years ago. [2]

Wind and solar power are considered the most effective and affordable sources of renewable energy. [5] Jaffe, Amy Myers, “Green Giant: Renewable Energy and Chinese Power”, Foreign Affairs, vol. 97, no. 2 (March / April 2018), pp. 83-93. [2] Before the new 100 percent zero-emission goal, lawmakers approved “higher renewable energy use, tighter greenhouse gas targets, and extension of the cap-and-trade program,” he wrote. [4] Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. [2] Prime Minister Narendra Modi promoted solar energy during the plenary speech at World Economic Forum annual meet in Davos in 2018 and invited investments in the sector in India promising ease of doing business. 61 Modi’s ambitious plan when announced in the leading up to the Paris COP21 climate summit received much skepticism and the government’s strategy to scale-up the renewable energy by relying on competitive bidding to reduce the cost was regarded as infeasible. [3] This has been achieved despite the share of investment in renewables remaining more or less unchanged over the same period, underscoring the impact of falling CapEx to install renewable energy capacity. [1] Renewable energy has firmly established itself as a bona fide investment class over the past 10 to 15 years. [1] “Increasing the energy yield of generation from new and renewable energy sources”. [2] While the common trend is of increase in renewable energy generation and consumption, some regions are actually favoring fossil fuel use over renewable energy. [5]

Renewables 2016 Global Status Report: key findings, Renewable Energy Policy Network for the 21st century. [2] The IEA 2014 World Energy Outlook projects a growth of renewable energy supply from 1,700 gigawatts in 2014 to 4,550 gigawatts in 2040. [2] The combined effect of increasingly competitive renewable energy and an increasing proportion of variable supply renewable energy on grid systems is leading to an inflection point for the renewable energy sector – a transition to what we call “Renewables 2.0?. [1]

In 2015, Germany’s renewables sector met a higher percentage of the country?s energy needs than the conventional-energy sector. [8] Adoption of other renewable energy sources like solar, wind, and geothermal is still limited to a few countries. [6] Government policies have played a key role in transitioning power generation to renewable sources – 146 of 197 countries considered in the REN21 study have renewable energy targets. [6]

We calculate the “total” renewable energy capacity for each country by adding each country’s energy capacity for solar, wind, geothermal, and hydro. [6] Angola’s 2025 goal is to provide modern electricity to about 60 percent of its population and the country has about US$18 billion of renewable energy investments underway as part of that strategy. 16 The new Angolan government is taking steps to enhance the country’s attractiveness for foreign direct investment, including reform of the legislative framework to attract funding from the International Monetary Fund and other multilateral investment organizations. [9] Global investments in renewable energy of USD 2.7 trillion from 2007 to 2017 (11 years inclusive) have increased the proportion of world electricity generated by wind, solar, biomass and waste-to-energy, geothermal, marine and small hydro from 5.2 percent to 12.1 per cent. [6] “Banking on sunshine: World added far more solar than fossil fuel power generating capacity in 2017: China leads with more than half of world’s new solar capacity; global solar investment jumps 18 percent to $160.8 billion; cumulative renewable energy investment since 2004: $2.9 trillion.” [6] Even as solar and its renewable energy cousins — like wind, biomass and geothermal power; but not counting big hydropower projects — expand, they still account for barely 12 percent of all the electricity that the world consumes. [6] In March 2018, Portugal produced enough renewable energy to power the entire country. 2.9 gigawatts of new renewable energy projects were initiated last year, while 12.5 gigawatts worth of coal plants are set to shut down in 2018 – also part of an accelerating trend. [6] For a start, the country?s mountainous, rainy, and sparsely inhabited north made it an obvious place to experiment with that earliest of renewable energy sources, hydroelectric power. [6] In March, Portugal Made More Than Enough Renewable Energy To Power The Whole Country : The Two-Way The country produced renewable power equal to 103.6 percent of mainland Portugal’s electrical demand — a feat “unmatched in the last 40 years,” the Portuguese Renewable Energy Association says. [6] With the growing demand for alternative and eco-friendly energy that significantly reduces carbon emissions around the world, many major countries have been rapidly increasing the capacity of their solar power facilities and other renewable energy installations over the past few years. [6] The company plans to meet the electricity needs of its 350 operations in 59 countries with renewable energy by 2050. [10] Developing countries use coal, natural gas, and renewable energy to provide electricity to more of their populations. [6] South Africa’s Renewable Energy Independent Power Program (REIPPP), viewed as a major success for renewable energy procurement globally, has been an influencing and guiding factor for other African countries in their development of similar renewable energy programs. [9] While the implementation of renewable energy technologies is gaining momentum worldwide, the report notes that more than 70 percent of the renewable workforce is concentrated in just six countries: China, the United States, India, Brazil, Germany and Japan. [6]

From the end of 2004, worldwide renewable energy capacity grew at rates of 10-60% annually for many technologies. [2] Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits. 8 The results of a recent review of the literature 9 concluded that as greenhouse gas (GHG) emitters begin to be held liable for damages resulting from GHG emissions resulting in climate change, a high value for liability mitigation would provide powerful incentives for deployment of renewable energy technologies. [2] United Nations’ Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity. 14 In October 2011, he “announced the creation of a high-level group to drum up support for energy access, energy efficiency and greater use of renewable energy. [2] Renewable energy use has grown much faster than even advocates anticipated. 148 At the national level, at least 30 nations around the world already have renewable energy contributing more than 20% of energy supply. [2] In regions just starting their journey toward a clean and sustainable renewable energy supply, government-backed offtake arrangements (“Renewables 1.0?) will continue to be the main driver in the near- to mid-term. [1] As the deployment of renewable energy continues to expand around the world, driven by various inputs, such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable energy. [1] The increased capital allocation to the sector led to falling capital costs and a significant expansion of renewable energy. [1] In the same year Danish Energy professor Henrik Lund published a first paper 151 in which he addresses the optimal combination of renewables, which was followed by several other papers on the transition to 100% renewable energy in Denmark. [2] Factors such as environmental impact, depleting fossil fuel stocks and volatile oil prices have had a significant impact on the desire to increase the generation of renewable energy. [5] Transitioning to a Renewable Energy Future, International Solar Energy Society, January, 54 pages. [2] Renewable energy exploration, development and demand has always been on an upward trend. [5] As of 2018, American electric utility companies are planning new or extra renewable energy investments. [2] They enabled a significant scaling-up of private capital to support renewable energy, mainstreaming renewable energy as a bona fide investment class. [1] To date, most renewable energy projects have relied on a certain off-take from a creditworthy counterparty, providing significant confidence in the project?s revenue. [1] Starting around 2016-2017, new renewable energy became cheaper to build than running existing coal-fired plants in India. [3] The International Renewable Energy Agency (IRENA) is an intergovernmental organization for promoting the adoption of renewable energy worldwide. [2] The law retained incentives for renewable energy development. [2] The market for renewable energy technologies has continued to grow. [2] Renewable energy technologies are getting cheaper, through technological change and through the benefits of mass production and market competition. [2] Renewable energy technologies can also make indirect contributions to alleviating poverty by providing energy for cooking, space heating, and lighting. [2] Renewable energy technologies Archived 9 June 2007 at the Wayback Machine., p. 221. [2] China leads the way with 1,398,207 GWh (Gigawatt hours) of renewable energy. [5] Although China has been prominently featured as a heavy polluter due to its vociferous appetite for oil, it actually ranks first worldwide for renewable energy production. [5] The supply of renewable energy varies from day to day — even moment to moment. [4] Energy storage can do the trick by providing ancillary services or shaping/shifting renewable energy supply both in front-of-the-meter (on-grid) and behind-the-meter. [1] Using 100% renewable energy was first suggested in a Science paper published in 1975 by Danish physicist Bent Sensen. 150 It was followed by several other proposals, until in 1998 the first detailed analysis of scenarios with very high shares of renewables were published. [2]

Global investments in renewable energy of $2.7 trillion from 2007 to 2017 (11 years inclusive) have increased the proportion of world electricity generated by wind, solar, biomass and waste-to-energy, geothermal, marine and small hydro from 5.2 per cent to 12.1 per cent. [6] The report, Renewables on the Rise: A Decade of Progress Positions America for a 100% Renewable Future, provides a state-by-state assessment of the growth of key technologies needed to power the nation with clean, renewable energy, including wind, solar, energy efficiency, energy storage and electric vehicles. [11] The report also highlights advances in the use of energy storage and electric vehicles, as well as clean, renewable energy sources like solar and wind as well as the expansion of energy efficiency technologies. [11]

Our total renewable energy percentage of overall energy load was 3.9%, mainly attributable to solar, which ranked us 30 overall amongst states. [11] A total of 16 countries boast annual gross domestic product (GDP) of $1 trillion or more, but only two generate more than half of their total electricity from renewable energy. [6] In 2015, Hawaii became the first state in the country to set a 100 percent renewable energy requirement for its electricity sector, doing so through its renewable energy standard. [6] Overall, according to the report, women hold about 25 percent of the total renewable energy jobs in the country, which is about five percent more than the average for the energy industry in general. [6]

In 2016, an amazing year for clean energy construction in the country, the U.S. installed about 27GW of utility-scale capacity. 62% of that was renewables 16.7GW. 7.8GW from wind and 7.7GW of solar power were built. [6]

IRENA ?s Renewable Energy and Jobs report presents the status of employment, both by technology and in selected countries, over the past year. [6] Investment in renewable energy hit a record $286 billion (256 billion euros) in 2015, more than half of which came from developing countries for the first time, according to a UN report released Thursday. [6] Countries and organizations around the world recognize the threat of climate change and have invested more and more in renewable energy sources to help ween ourselves off from fossil fuels. [6] Once built, over 1.4 gigawatts of clean renewable energy generation will be spread across 11 countries. [6] Apple and its partners are building new renewable energy projects around the world, improving the energy options for local communities, states and even entire countries. [6] Several countries across the globe have committed to increasing their investment in renewable energy, while decreasing investment in other forms of energy. [6]

The Global Trends in Renewable Energy Investment 2018 report, released today by UN Environment, Frankfurt School – UNEP Collaborating Centre, and Bloomberg New Energy Finance, finds that falling costs for solar electricity, and to some extent wind power, is continuing to drive deployment. [6] Salesforce is committed to increasing the percentage of renewable energy powering its global operations and reaching its goal of sourcing 100% of renewable electricity. [10] The country accounted for nearly half of all renewable energy investments worldwide, pumping $86.5 billion into solar energy alone in 2017 in what the report described as “an extraordinary solar boom.” [6] Morocco is another example of an African country that is taking active steps to enhance investment in renewable energy projects. [9] In 2015, Hawaii became the first state in the country to set a 100 percent renewable energy requirement and earlier this month, California committed to reach 100% clean, renewable energy by 2045. [11]

Last month, Portugal produced more than enough renewable energy to meet the country’s entire electrical demand — a feat “unmatched in the last 40 years,” according to the Portuguese Renewable Energy Association, or APREN, says. [6] While all countries increased their share of renewable energy during the last year, Germany and the United Kingdom are leading this trend. [6] A total of seven countries are powered entirely by renewable energy. [6]

Morocco has targeted increasing electricity generation from renewable energy sources to 52 percent of total generation capacity by 2030. [9] In total, global solar investment jumped 18 percent to $160.8 billion with cumulative renewable energy investment reaching $2.9 trillion since 2004. [6] As recently as June 2018, Gigawatt Global Cooperatief signed a deal with the 15-nation Economic Community of West African States to build US$1 billion worth of renewable energy projects in the region, with installation of 800 MWs of solar and wind farms in West Africa beginning with Burkina Faso, Senegal, Mali, Nigeria and the Gambia. [9] “Apple currently has 25 operational renewable energy projects around the world, totaling 626 megawatts of generation capacity, with 286 megawatts of solar PV generation coming online in 2017, its most ever in one year,” reads Apple?s press release from today. [6] Thanks to their fast growth in recent years, renewable energy sources now account for 25% of power generation in the world. [6] Growth in the power sector is due to increased demand for electricity, but natural gas?s share does not increase as coal and renewable energy also compete for the power sector market. [6] Growth percentage in renewable energy investment in Costa Rica in 2016. [12] We need to increase investment in the technologies and business models that make electricity access affordable for everyone, place even bigger bets on the remarkable capacity of renewable energy and build big markets for clean fuels and cooking access. [6] Tracking SDG7: The Energy Progress Report, launched at the Sustainable Energy for All Forum today, is the most comprehensive look available at the world?s progress towards the global energy targets on access to electricity, clean cooking, renewable energy and energy efficiency. [6] The report found that developing economies accounted for 63 percent of global investment in renewable energy in 2017, up from 54 percent the year before. [6] Renewable energy accounts for about half of the increase in power generation and its share of total power generation increases from a 7 percent share today to around a quarter by 2040. [6] The Interim Renewable Energy Feed-In Tariff Program was introduced in Nambia in 2015 and has attracted investment mainly in solar generation rather than other sources of renewable energy. [9] Whereas the somewhat uneven rating performance of wind projects belies a market very much in its infancy and trying to find its footing, Fitch-rated solar projects have been upgraded over the last year and are emblematic of a renewable energy source that has ironed out the proverbial kinks in recent years. [6] Although hydropower is globally the largest source of renewable energy, it is not growing as fast as other renewable energy sources like solar and wind. [6]

The coming year will make or break U.S. renewable energy markets, as state and regional governments defend their 21st century policies against a Trump administration plan to end competition in the nation?s power markets and subsidize old coal and nuclear plants. [6] BP expects U.S. energy production to increase by 39 percent by 2040; with natural gas production up by 65 percent, oil production up by 55 percent, and renewable energy up by 220 percent, more than offsetting declines of 48 percent in coal and 28 percent in nuclear power. [6] Virtually every day, there are new developments that increase our ability to produce renewable energy, use energy more efficiently, and use clean energy technologies to meet a wider range of energy needs – bringing us closer to a future in which we can power our economy with clean, renewable energy. [6] In 2008 renewable energy produced 18.5% of the world’s total electricity, mostly from hydroelectric power. [6] In 2014, the company expanded its renewable energy investments equivalent to 100% of its global electricity consumption. [10] Jupiter Asset Management is a leading, London-based investment management company, with a goal of sourcing 100% renewable energy for its electricity use by 2018. [10] Having already achieved net zero energy at its head office in Ireland in 2012 through the use of solar panels, the company has exceeded its target to achieve 50% renewable energy across the Group in 2016. [10] It is powered by 100 percent renewable energy from multiple sources, including a 17-megawatt onsite rooftop solar installation and four megawatts of biogas fuel cells, and controlled by a microgrid with battery storage. [6] Overall, renewable energy sources added 178 GW to the global generation capacity. [6] Findings are based on official national-level data and measure global progress up to 2015 for renewable energy and energy efficiency, and 2016 for access to electricity and clean cooking. [6] Renewable energy producers get a single certificate for each megawatt hour of power they produce–certificates they mainly sell on to major electricity companies, who have a minimum quota that they must buy by law. [6] “This isn?t about pitting renewable energy against nuclear power,” said Yasufumi Horie, an opponent of the Kamogawa plant, who believes Fukushima has proved nuclear power is no longer a viable source of energy in Japan. [6] If state governments, grid operators, industry groups and renewable energy supporters succeed in beating back encroachments of the solar and wind markets, they are likely to continue growing. [6] Renewable energy, including wind, hydro, and solar, supplied a record 12% of the world’s energy needs, according to the report. [6] The report Creating Markets for Climate Business identifies seven industry sectors that can make a crucial difference in catalyzing private investment: renewable energy, off-grid solar and energy storage, agribusiness, green buildings, urban transportation, water, and urban waste management. [6] A new report from the United Nations Environment Programme and Bloomberg New Energy Finance looks at renewable energy investments across the world, and finds a whole lot good happening in solar. [6] A planned tariff on imported solar modules means Indian investment is expected to stall in the short term – although this will need to be temporary if their ambitious renewable energy targets are to be met. [6] As of 2015, the world obtained 17.5% of its total final energy consumption from renewable sources, of which 9.6% represents modern forms of renewable energy such as geothermal, hydropower, solar and wind. [6] Like renewable energy sources such as hydro and solar, wind power is rapidly expanding. [6] The state’s electricity doesn’t only have to come from renewable energy, but “clean” sources that don’t produce emissions. [13] Aspiring to be the most sustainable company in the automotive industry, the business is intensifying its efforts to produce more electricity in-house and source locally generated renewable energy. [10] The company has been working for years to drive operational efficiencies and currently buys renewable energy certificates equal to all of its electricity across its value chain. [10] Within global renewable energy installations, solar power plants have enjoyed the fastest growth in volume over the past few years. [6] Source: UNEP/BNEF Global Trends in Renewable Energy Finance reports 2010-2018, International Atomic Energy Agency PRIS database and Carbon Brief analysis. [6] Global renewable energy generation capacity increased by 167 gigawatts (GW) in 2017 to push the planet’s cumulative renewable energy capacity to 2,179 GW, according to new data published last week by the International Renewable Energy Agency (IRENA). [6]

Concerns about carbon emissions from traditional coal-fired power stations coupled with a projected tripling in African energy demand by 2030 1 make renewable energy essential to power generation on the continent. [9] “This said, the big challenge we have in the overall energy transition is that renewable energy for power only represents 20 percent of final energy demand.” [6] All renewable energy sources together, with the exception of big hydropower projects, and not solar power alone, represent 12 percent of worldwide energy consumption. [6] Thanks to the vast availability and certainty of sunlight, solar power projects have outperformed other forms of renewable energy sources such as wind and geothermal. [6] With the advancements in technologies, including concentrated solar power generation techniques, and a decline in prices of PV modules, solar energy has become the most cost-effective source of renewable energy. [6] Renewable energy is not an alternative technology; it is now the dominant source of new generation capacity. [6] FERC data also reveal that the total installed capacity of renewable energy sources now provides over one-fifth (20.69%) of total available U.S. generating capacity. [6] The report says record performance in 2016 “forms the bedrock” of the IEA?s electricity forecast, which predicts renewable energy capacity will expand by 43% – or more than 920 gigawatts – by 2022. [6] Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heating – which together account for 80% of global energy consumption. [6] Kenya’s renewable energy sector is well established and accounts for about 77 percent of the electricity purchased. [9] Even as those sectors temper results, though, Adib said the power sector is reaching a “second tipping point” in some areas, where renewable energy is not only more economic than new fossil fuel construction, but also existing fossil fuel plants. [6] Renewable energy installations like wind turbines or solar panels can be an important part of fighting climate change by providing energy that does not require the burning of fossil fuels. [6] The United States is forecast to fall behind China as the largest producer of renewable energy with its share of global production declining from 24 percent today to about 15 percent in 2040, while China?s share increases to about 30 percent by 2040. [6] BP projects that renewable energy?s share of U.S. energy demand will be 17 percent by 2040, while coal will account for only 5 percent, and oil?s share will drop to 30 percent. [6] The U.S. should work toward meeting all of its energy needs – for electricity, transportation and industry – with clean, renewable energy. [6] Sky already sources most of its electricity from renewable energy, and aims to go ‘100% renenwable’ by 2020. [10] How does renewable energy work? Here?s a look at seven clean energy sources that can be tapped directly or indirectly to help our world go green and fight global warming. [6] Renewable energy (excluding hydro) is the fastest growing fuel source, increasing five-fold and providing 14 percent of primary energy in 2040. [6] Renewable energy production surged in 2016, with around two-thirds – or 165 gigawatts – of net new capacity coming from clean sources. [6] With African states recognizing their renewable energy generation capacity, and in so doing taking action to implement the necessary reforms to make foreign investment possible, opportunities for investment in Africa will continue to expand. [9] Recognising the intrinsic link between a healthy environment and human health, the company wants to play its part in addressing climate change and has set a RE100 target to power all of its facilities with renewable energy by 2050. [10] The company has the biggest fleet of electric vehicles in the world, and aims to power this and all other operations with 100% renewable energy by 2020. [10] The company has been purchasing renewable electricity certificates equivalent to 100% of its total operations for the last 10 years, and is now exploring more direct ways of sourcing renewable energy. [10] AkzoNobel is a Dutch paints and coatings company aiming to be carbon neutral and use 100% renewable energy – heat as well as electricity – by 2050. [10] Belgian telecommunications company Proximus has already met its RE100 goal of sourcing 100% of its electricity from renewable energy – a decision that was taken to support its carbon emission reduction strategy. [10] The company has set a RE100 goal to source 100% renewable energy by 2020, with an interim target of 50% by 2015. [10] Just beginning its renewable energy journey, Ricoh has a target to source 100% renewable electricity by 2050, with an interim goal of at least 30% by 2030. [10]

IRENA published its Renewable Capacity Statistics 2018 report late last week, its most comprehensive and up-to-date analysis of global renewable energy capacity. [6] Early in June 2018, the Renewable Energy Policy Network for the 21st Century (REN21) published its annual report on the global state of the renewable energy industry. [6] “For too long, Japan has turned a blind eye to global trends, such as the dramatic decrease in the price of renewables and the inevitable shift to decarbonisation in the face of climate change,” Kono told a meeting of the International Renewable Energy Agency in the United Arab Emirates earlier this year. [6] With renewable energy undoubtedly entrenching itself as a global industry over the last decade, what will the next 10 years bring? The short answer is “more growth” and notably, “self-sustaining growth.” [6] Over the next four years, the growth in renewable energy capacity in the U.S., India and the European Union are forecast to outstrip that in Japan. [6] In the last couple of years, India has been eyeing the pole position in the clean energy transformation, looking to have at least 175,000 megawatts (MW) of installed renewable energy capacity by 2022. [6] In Uganda, the GET FiT Uganda initiative aims to achieve an installed capacity of 158 MWs of clean renewable energy added to their national grid through the implementation of 17 projects under this initiative. [9] “Where it?s not feasible to build our own generation, we sign long-term renewable energy purchase contracts, supporting new, local projects that meet our robust renewable energy sourcing principles,” reads the company?s 58-page Environmental Responsibility Report published last year. [6] 131 major companies, including Bank of America, Google and Anheuser-Busch have committed to power their operations with 100 percent renewable energy. [11] A 2016 survey of wind energy experts by the National Renewable Energy Laboratory found that the global price of wind power is expected to fall 24-30 percent by 2030 and 35-41 percent by 2050. [6] He said Japan?s 2030 pledge was woefully inadequate given that renewable energy already accounts for 24% of total global energy generation. [6] The UK?s share of renewable energy in total final energy consumption grew by 1% annually on average since 2010 – more than five times the global average. [6] Following the format of CPI’s Global Landscape of Climate Finance series, the report highlights correlations between renewable energy finance, cost reductions, and megawatts and installed. [6] Global auctioned renewable energy capacity, 2003-2017, gigawatts. [6] The major international airport Gatwick Airport Limited, has been 100% renewable since 2013, via the purchase of unbundled renewable energy attribute certificates and some onsite solar. [10] BP expects renewable energy, particularly solar, to increase significantly in India?s generating sector. [6] Apple?s new headquarters in Cupertino is powered by 100 percent renewable energy, in part from a 17-megawatt onsite rooftop solar installation. [6] Battery storage: Expanding the ability to store electricity can help the nation take full advantage of its vast potential for clean, renewable energy. [6] Bioenergy is a type of renewable energy derived from biomass to create heat and electricity or to produce liquid fuels such as ethanol and biodiesel used for transportation. [6] Other practical applications for this type of renewable energy include large fuel cells providing emergency electricity for buildings and remote locations, electric motor vehicles powered by hydrogen fuel cells and marine vessels powered by hydrogen fuel cells. [6] Vestas has been sourcing 100 per cent of its electricity supply from renewable energy since 2013. [10] With its good supply of wind, sunshine, hydropower and even geothermal resources, Africa offers great potential for renewable energy deployment and investment. [9] Attractive returns on investment, coupled with steadily improving risk, suggest that Africa will continue to attract investment into its renewable energy sector in the coming years. [9] Prime Minister Narendra Modi promoted solar energy during the plenary speech at World Economic Forum annual meet in Davos in 2018 and invited investments in the sector in India promising ease of doing business. 52 Modi’s ambitious plan when announced in the leading up to the Paris COP21 climate summit received much skepticism and the government’s strategy to scale-up the renewable energy by relying on competitive bidding to reduce the cost was regarded as infeasible. [6] Global investment in renewable energy held steady over last year, with over $200 billion invested. [6] It indicates how rising prosperity is driving an increase in global energy demand and how that demand may be met over the coming decades through a diverse range of supplies including oil, natural gas, coal, and renewable energy. [6] “And since 2011, all of Apple?s renewable energy projects have reduced greenhouse gas emissions (CO2e) by 54 percent from its facilities worldwide and prevented nearly 2.1 million metric tons of CO2e from entering the atmosphere,” the release reads. [6] The company has set itself the goal of using 100% renewable energy across all its own operations, by the year 2030. [10] After years of hard work we?re proud to have reached this significant milestone,” said Tim Cook, Apple?s CEO. “We?re going to keep pushing the boundaries of what is possible with the materials in our products, the way we recycle them, our facilities and our work with suppliers to establish new creative and forward-looking sources of renewable energy because we know the future depends on it.” [6] Portugal has made substantial investments in renewable energy sources, as has its neighbor Spain. [6] Private sources provide the bulk of renewable energy investment globally – over 90% in 2016. [6] A study by the University of California, Berkeley mapping out the location and energy potential of renewable energy sources in eastern and southern Africa shows that, although the energy generation resources are vast, they are not evenly distributed. [9] FERC’s report further suggests that the rapid expansion and growing dominance of renewable energy sources will continue at least through April 2021. [6] All renewable energy investment totals exclude large hydro, which falls outside the scope of the report. [6] That?s one finding of the latest annual report on global trends in renewable energy finance, from the UN Environment Programme (UNEP) and Bloomberg New Energy Finance (BNEF). [6] Repowering America with clean, renewable energy is a key strategy in phasing out carbon pollution by 2050 – a necessary step to prevent the worst impacts of global warming. [6] H&M, the popular swedish fashion retailer, is working to achieve 100% renewable power and is currently sourcing more than 90% of its electricity consumption from renewable energy. [10] Twenty-nine states have renewable power mandates, and eight more states have renewable energy goals, according to the North Carolina Clean Energy Technology Center. [6] To accelerate progress, a growing number of businesses, institutions of higher learning, local governments and states are adopting 100 percent renewable energy targets and goals. [6] The report comes as a diverse group of U.S. cities, states, corporations and institutions commit to 100 percent renewable energy. [11] U.S. military installations had more than 1,600 renewable energy projects in 2016, including nearly 1,000 solar-panel arrays, according to a report. [6] Private investors overwhelmingly favour domestic renewable energy projects (93% of the private portfolio in 2013-2015), whereas public investment is more balanced between in-country and international financing. [6] Renewable energy capacity has grown at record-high levels, even as investment has dipped in dollar terms in 2016. [6] China, the world?s largest renewable energy producer, with over 650,000 MW of installed capacity in 2017, is slamming the brakes on the sector. [6] China, Brazil, the United States, India, Germany and Japan have remained the world?s biggest renewable energy employers, representing more than 70 percent of such jobs. [6] BP expects renewable energy, nuclear, and hydroelectric energy to account for over 80 percent of the increase in China?s energy consumption through 2040. [6] Liberal Party controlled Southern Australia, for example, has a 75 percent renewable energy target by 2025. [14] In both those sectors, penetration of renewable energy is low: just 3.1 percent in transport in 2017 and 10.3 percent for heating in 2015. [6] In 2002, California lawmakers passed the first renewable mandate, requiring utilities to put 20 percent renewable energy onto the grid. [13] The use of renewable energy for heating purposes has barely increased in recent years and stood at 24.8% in 2015, of which one third was from modern uses. [6] Liang Zhipeng, deputy director of the New and Renewable Energy Department of China’s National Energy Administration said in a news conference that in Northeast China, Inner Mongolia and Northwest China, where, despite the fact that wind power in these regions is known to be difficult to harvest, newly-added grid connected wind power capacity totaled 2.75 GW for the half year, accounting for 35 percent of the country’s total. [15]

According to the International Renewable Energy Agency (IRENA), the world has doubled the amount of installed renewable power capacity in the last decade, from 1,058 gigawatts of mostly hydropower in 2008 to 2,179 gigawatts in 2017. [6] Renewable energy once again achieved record increases in capacity in 2017, according to a report out Monday from the Renewable Energy Policy Network of the 21 st Century (REN21), a policy organization with members across national governments, industry and divisions of the United Nations. [6] The world record — set by Costa Rica in 2017 — for the most consecutive days of running electricity on renewable energy. [12] Since 2013, Swiss Post covers 100% of its electricity requirements with “naturemade basic” certified renewable energy from Switzerland. [10] As part of RE100, Wal-Mart is committed to sourcing 100% of its electricity from renewable energy. [10] Electric vehicles: Building an economy reliant on clean, renewable energy means ending the use of fossil fuels for all activities, including transportation. [6] With renewable energy prices falling and new energy-saving technologies coming on line every day, America should work to obtain 100 percent of our energy from clean, renewable sources. [6] Photo by Justin Sullivan/Getty Images Apple announced today that its business is now powered by 100 percent renewable energy sources. [6] Renewable energy is expected to overtake oil as the second largest energy source in China. [6] Continuing unsurprising highlights from IRENA’s new analysis, China led the way in 2017 with nearly half of all new renewable energy capacity. [6] GET FiT Zambia was adopted by the Zambian government in October 2017 with the aim of procuring 200 MWs of renewable energy projects within the next three years. [9] Apple?s data center in Maiden, North Carolina, is supported by projects that generate 244 million kilowatt-hours of renewable energy per year, which is equivalent to the energy used by 17,906 North Carolina homes. [6] More attention to marketing investment opportunities in African renewable energy is key to mobilizing these projects. [9] From China to Mexico, renewable energy investments are hot. [6] China now accounts for 45% of renewable energy investment, excluding large hydro, spending a record $127bn in 2017. [6] For the first time in 2017, renewable energy investment in China, India and Brazil was larger, at $144bn, than the $103bn spent by all developed nations combined. [6] China may be the world?s renewable energy leader, but where the sector?s growth is concerned, India is leaving its neighbour behind. [6] “Combined with the plunging cost of battery technology, we anticipate further rapid growth of the evolving renewable energy sector in the coming years.” [6] International Renewable Energy Agency (IRENA) recently released its 2018 Annual Review report highlighting the overall industry growth throughout 2017. [6] Despite the growth in several fuel types, only India?s renewable energy share increases. [6] Some headlines give the impression that the United States is falling behind global peers when it comes to renewable energy, but that’s not the case. [6] The average onshore wind farm in the United States even outperforms its European counterpart, making America one of the most efficient renewable energy producers on the planet. [6] Once built, over 1.4 gigawatts of clean renewable energy generation will be spread across 11 countries.” [6] “But, we have a long way to make the kind of energy transformation that is needed and to fulfill our potential to meet our energy needs with clean, renewable energy. [11] It is unclear what action, if any, the Federal Energy Regulatory Commission will take, particularly in light of intense opposition to the proposal by the nation?s grid operators, several state regulators, the renewable energy industry, the oil and gas industry and other industry, consumer and environmental groups. [6] At least, the state has met every one of its renewable energy goals. [13] Committed to delivering a better future, HPE has set an interim goal to source 50% of its total energy consumption from renewable sources by 2025, with a long term intent of reaching 100% renewable energy in future. [10] The company has committed to produce as much renewable energy as the total energy it consumes in its buildings by 2020. [10] The company has set a RE100 goal to be 100% powered by renewable energy by 2020. [10] Based in the U.S., the company is committed to renewable energy and sustainable business practices, and has set a goal to become 100% renewable by 2025. [10]

Aligning with the 2030 vision to energize and “light up” Africa and the African Union’s Agenda 2063, more renewable energy sources are being actively explored. [9] The way renewable energy projects get built is also changing, as costs come down and subsidies dry up. [6] Three, as the technology around solar power and wind power continues to improve, both solar power and wind power offers a cost competitive and more flexible solution for renewable energy. [6] In its 2017 report on the industry, the Japan Renewable Energy Institute noted mounting concern about the impact mega plants were having on areas of natural and historical importance, echoing campaigners? fears that the destruction of heavily wooded, mountainous land could increase the risk posed by floods and landslides. [6] Transitioning to clean, renewable energy will also improve our health by preventing hazardous air pollution and eliminating the hazards of extracting, transporting and processing fossil fuels. [6] Repowering our economy with clean, renewable energy can put our nation on a healthier, more sustainable course. [11] To take advantage of that potential and move America toward an economy powered by 100 percent renewable energy, city, state and federal governments should adopt a series of pro-solar policies. [6] The company has been 100 percent powered by renewable energy since 2014. [10] The company recognizes the key role it can play in addressing climate change by deploying capital to low-carbon solutions including renewable energy. [10] The company aims to produce or procure 7,000 GWh of renewable energy globally by the end of 2020. [10] KPN is a Dutch landline and mobile telecommunications company that believes switching to renewable energy consumption is one key way to address climate change. [10] Cash flow could get a further boost from AUD2 billion in renewable energy investment and the company?s expansion in Western Australia. [14] Facebook has a goal to run its entire operations on 100% renewable energy by 2020. [10] Increasing renewable energy will be used to support this goal. [10] Key to this is switching, wherever possible, from coal-fired generation to renewable energy generation. [9] You can?t fault the Swedish Energy Agency for ambition: Last year, it decided to increase its target for renewable energy, aiming to produce an additional 18.4 terawatt hours per year by 2030. [6] Africa’s adoption of renewable energy projects is accelerating. [9] “The cost of renewable energy has come down quite significantly.” [13] With rapid improvements in technology, vast clean energy resources, and a willing public, a future powered entirely by clean, renewable energy is increasingly within our reach. [11] Opportunities exist in many industry sectors for both developers and financiers, particularly in renewable energy. [9] According to the ministry of economy, trade and industry, renewable energy accounts for almost 15% of Japan? energy mix but is dwarfed by coal at 30% and liquefied natural gas at almost 40%. [6] Coupled with current legislative reforms under way, potential exists for investors to invest in renewable energy technologies in Angola. [9] China was the biggest investor in renewable energy in 2017, sinking $126.6 billion into the industry, a 30% increase over 2016. [6] Renewable energy has created new challenges for running the state’s electric grid. [13] That’s created an uncomfortable marriage between renewable energy and fossil fuels. [13]

Why was Spain one of the first European countries to successfully adapt its energy production to the threat of global warming, and therewith stimulate its renewable energy development? How has Spain?s wind energy developed ever since? In this blog, we will dive into the topic of wind energy in Spain, and provide answers to these questions. [16] As this proved that Spain is not only sunny, but also windy, the developments of wind farms in the country were strongly stimulated by the national energy organization which led Spain to be the first nation ever to have wind energy, or any renewable energy, as its primary energy source in 2013. [16] In 2013, Spain became the first country in the world to have a renewable power as its primary source of energy. [16]

In this plan, the organisation set goals for Spain with regard to overall energy usage, heating and cooling, electricity, and transport, which included a minimum percentage of energy generated from renewable sources for each category. [16] Consider the top 30 countries sorted by their percentage decline in energy use, showed in the accompanying chart. [17]

If we want to assess which countries are making a fair 'contribution' or 'share' to investment in clean energy, it is useful to assess investment contributions as a percentage of a country's gross domestic product (GDP). [6] The country recently marked the seventh anniversary of the tsunami disaster and Fukushima meltdown – which resulted in the closure of dozens of nuclear reactors – yet it still lags behind other countries in clean energy development. [6]

Spain has continued to develop its wind energy production and consequently maintained its position amongst the top four countries in the world (after China, USA and Germany) and as the number two in Europe in terms of renewable energy production. [16] The state’s current renewable energy mandate, however, calls on the state’s utilities to derive half of their electricity for the state from wind, solar, and other renewable source by 2030. [18] The group, a anti-fossil fuel group committed to moving the globe to 100 percent renewable energy, called Brown’s signature a historic moment for their campaign to move the country away from fossil fuels completely. [18] Late last month, it also made news as the latest municipality in the country to commit to using 100 percent renewable energy by 2030. [19] It?s just a plan and a promise, but the gesture is also a symbol of the growth of renewable energy in the U.S., especially in rural areas of the country. [19]

I think in terms of countries understanding how renewables can get into the end use sectors because that?s where the bulk of energy utilization is. [20]

Clean energy advocates, meanwhile, say Ohio has other policies in place to support renewable energy development, including net metering for rooftop solar and a competitive energy market that lets businesses enter power purchase agreements for wind and solar energy. [19] Carbon emissions are very bad for the planet, and it?s a fact that renewable energy sources like solar and wind emit zero carbon. [19] According to a 2015 report for the World Bank–prepared by the international organization CLASP–energy efficiency was one of the primary factors in the success of the Bangladesh Rural Electrification and Renewable Energy Development initiative, which advanced the market for solar home systems. [21] The 73-page bill would change state rules that require electricity utilities to invest in renewable energy and help customers to reduce energy use. [19] Next to the positive impact of this rise of renewable energy sources on the environment, the increase in wind farms and wind energy development have stimulated the Spanish economy by creating more than 22,000 jobs. [16] All the above factors are limiting the growth of RE. Currently, the share of renewable energy sources in net energy production is only about 10% worldwide and 8% in the United States. [22] Even renewable energy supplies are not immune to these risks, if their power output crosses national borders or if key components for their construction or maintenance must be imported. [21] Tidal power, also called tidal energy, any form of renewable energy in which tidal action in the oceans is converted to electric power. [23] Due to a general push for the use of renewable energy sources in the EU in 2009, the Spanish energy organisation IDEA (Instituto para la Diversificaci y Ahorro de la Energ’a) installed the National Renewable Energy Action Plan 2011-2020 ( link ) in 2010. [16] Of all renewable energy sources, both the development and success of one source in particular were increasing rapidly. [16] “The Iowa Environmental Council has a vision of 100 percent renewable energy for the state of Iowa, and we think that that goal is entirely achievable. [19] The bill would take the amount of renewable energy the state requires to be on the grid, and cut it by a third. [19] The Senate substitute would lower Ohio’s renewable energy standard to 8.5 percent of sales from 12.5 percent by 2027. [19] A bill that would overhaul the way Ohio mandates the use of renewable energy and energy efficiency is likely to get a vote in the Senate this week. [19] This website provides quick renewable energy comparison information with emphasis on its home use and cost. [22] She says renewable energy becomes cheaper and more reliable every year. [19] Renewable energy is derived from various natural processes, such as the Sun’s electromagnetic radiation, tides or heat generation within the Earth. [22] C alifornia Gov. Jerry Brown signed a bill into law Monday to move the state to be 100-percent dependent on renewable energy by 2045. [18] That would put Illinois among the top states for renewable energy. [19] The report shows “a lot of Minnesota companies are growing and expanding because of our renewable energy policies and there are companies coming to Minnesota because of them,” said Rep. Melissa Hortman, who is the Democratic House Minority Leader. [19] Unlike H.B. 114, which would have ended renewable energy mandates, the substitute bill lowers renewable energy targets. [19] Ever since, Spain has invested largely in renewable energy development. [16]

The three-day event of 2 nd Global Re-Invest India-ISA Partnership Renewable Energy Investors Meet & Expo saw participation of over 20,000 delegates including representatives of over 77 countries out of which 40 were at ministerial level. [24] As many as 21 countries in the Indian Ocean Rim Association (IORA) today adopted the Delhi Declaration on Renewable Energy in the Indian Ocean Region, post the 2 nd IORA Renewable Energy Ministerial Meeting held at the 2 nd Global Re-Invest India-ISA Partnership Renewable Energy Investor’s Meet & Expo in Greater Noida. [24]

IORA member countries also resolved to collaborate with the International Renewable Energy Agency (IRENA). [24] Part of it is that many countries are only now becoming aware of the potential that renewable energy holds for them. [20]

A report by the U.S. Department of Energy?s National Renewable Energy Laboratories reports that the cost of utility-scale solar fell by 30 percent in one year, and solar hardware for residential use, such as Tesla?s solar roofs, are poised for more widespread adoption. [25] “Through our analysis, we found that continued development of CCAs may enable California to surpass its 2020 renewable energy targets by up to four percentage points,” the Luskin Center report said. [26] We?ve had very large in percentage terms annual growth rates for renewable energy. [20]

I recall that this trench included a project in renewable energy amounting to 180 million USD to our own country. [24] The technical sessions on the 2 nd day of RE-Invest 2018 witnessed participation of Executive Chairman, SoftBank Energy, Mr. Manoj Kohli, Regional Programme Officer – Asia, Country Support and Partnerships Division, International Renewable Energy Agency (IRENA) Mr.Prasoon Agarwal, and Managing Director, Hero Future Energies Private Limited Mr. Rahul Munjal, among others. [24] The Ministry of New and Renewable Energy hosted the First Assembly of International Solar Alliance (ISA), 2 nd Indian Ocean Rim Association (IORA) Energy Ministerial Meet, 2 nd Global RE-Invest Meet & Expo that concluded today at the India Expo Mart in the National Capital Region. [24]

Sungrow, the global leading inverter solution supplier for renewables, participates in the Renewable Energy India Expo 2018 in Greater Noida for 3 days, with world-leading PV solutions for commercial rooftop and utility-scale PV plants, in a bid to build a comprehensive PV world together with partners and with the mission of ” Clean Power for All “. [24] The power packed technical sessions at the 2 nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018), organized by the Ministry of New and Renewable Energy saw industry experts, corporates and sector players discussing the opportunities and challenges held by the Renewable Energy sector at Greater Noida. [24]

Dramatic cost declines, large annual growth rates and yet while the share of renewable energy in the global fuel mix has grown, the total volume of energy produced by hydrocarbons has increased as well and along with it so has carbon emissions around the world. [20] The declaration also calls for promotion of technology development and transfer, strengthening of public private partnerships in renewable energy and collaboration among IORA member states and the member nations of the International Solar Alliance (ISA). [24] The RTGS advice for the transfer of Rs. 1,217.29 crore to Government of India, being the share of Government of India in the final dividend, was presented to Shri R.K.Singh, Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy by Shri Gurdeep Singh, CMD, NTPC, in the presence of Sh. [24] Minister of State (IC) Power and New & Renewable Energy, Government of India Shri R.K. Singh, Secretary General, Indian Ocean Rim Association (IORA) Dr. Nomvuyo N Nokwe, Deputy Minister of Energy, Ministry of Energy, South Africa Ms.Thembisile Majola, State Minister for Foreign Affairs, Bangladesh Md. Shahriar Alam M.P. participated in the ministerial meeting. [24] Speaking at the session, Minister of State (IC), Power and New and Renewable Energy Shri R K Singh, said, “The Re-Invest allowed the policy makers, speakers, scientists, businessmen to meet and interact with each other. [24]

In June 2018, JinkoSolar announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc. has entered into a three-year agreement to supply 1.43GW of high efficiency modules to sPower, a leading renewable energy independent power producer. [24] The Cafayate Project was awarded in the second public renewable energy tender in Argentina, receiving a USD denominated 20-year Power Purchase Agreement at US$56.28/MWh. [24] The panel discussion had representation from World Bank, International Energy Agency, Germany’s KfW, Citigroup, and leading Indian companies Power Finance Corporation (PFC), Rural Electrification Corporation (REC), Yes Bank and Indian Renewable Energy Development Agency (IREDA). [24] The Delhi Declaration on Renewable Energy in the Indian Ocean Region calls for collaboration among IORA member states in meeting the growing demand for renewable energy in the Indian Ocean littorals, development of a common renewable energy agenda for the Indian Ocean region and promote regional capacity building. [24]

France?s EDF Renewable Energy (EN) has inaugurated the 146 MW Bolo solar plant in the Atacama Desert of Northern Chile, according to a press release. [24]

New Jersey is one of the fastest-growing markets for solar in the U.S., largely attributed to the state?s strong solar financing model, which relies on Renewable Portfolio Standards (RPS) that establish the percentage of electricity sold that must come from qualified Class I renewable energy sources. [27] Mr. Jealous not only favors raising the so-called “Renewable Portfolio Standard,” the percentage of its power Maryland would be required to draw from renewable energy sources, to 50 percent (as pending legislation is expected to mandate), he would raise it to 100 percent as California recently did. [28]

Companies of all sizes are investigating ways to take back control of their energy procurement and source more renewable energy from clean power sources, including wind and solar projects. [29] “In May 2018, New Jersey Gov. Phil Murphy signed legislation establishing one of the most ambitious renewable energy standards in the country by requiring 21 percent of the energy sold in the state to be from Class I renewable energy sources by 2020, 35 percent by 2025 and 50 percent by 2030. [27] With the above agreements serving as the main normative pillars of the UAE?s green energy strategy internationally, the country has maintained its domestic commitment to maintaining significant institutional capacity in renewable energy. [30]

According to the U.S. Department of Energy, solar energy generation today costs around 6 cents per kilowatt-hour, and the price has dropped by 73% since 2010, according to International Renewable Energy Agency (IRENA). [25] IORA member nations and IRENA will undertake the expansion of the Global Renewable Energy Atlas, the world’s largest-ever joint renewable resource data project, coordinated by IRENA, thereby creating the Indian Ocean region’s first and most comprehensive map and database which can then be used to tap the sizable renewable energy potential of the region; and to collaborate on opportunities available under the International Renewable Energy Learning Platform (IRELP). [24] Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2 nd Global RE-Invest India-ISA Partnership Renewable Energy Investors’ Meet & Expo (RE-Invest 2018) at Greater Noida today. [24] While the share of renewable energy in the global fuel mix has grown, the total volume of energy produced from fossil fuels has increased as well. [20] According to a 2017 report from UCLA’s Luskin Center for Innovation, this underlying market reality has allowed CCAs to offer a much larger share of renewable energy than their affiliated utilities, up to 25 percent more in some cases. [26] They are working on innovation in Peroxide Solar and all kinds of aspects of the electrical system that can carry renewable energy. [20] Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, organised by the Ministry of New and Renewable Energy, Government of India. [24] A working paper jointly published by the Center on Global Energy Policy, the Belfer Center at the Harvard Kennedy School and the Norwegian Institute of International Affairs explores geopolitical issues that could accompany the widespread deployment of renewable energy technologies. [20] The three day 2nd Global RE-Invest Meet & Expo witnessed power-packed sessions like the Chief Ministerial Plenary that was attended by Himachal Pradesh, Puducherry, Andaman & Nicobar Islands and Uttar Pradesh sharing the renewable energy policy initiatives implemented by these states. [24] The summit would principally focus on 12 focus sectors, which include Food Processing, Horticulture & Floriculture, Herbal & Aromatic, Tourism & Hospitality, Wellness & AYUSH, Pharmaceuticals, Automobiles, Sericulture & Natural Fibers, IT, Renewable Energy, Biotechnology, Film Shooting, for expediting economic development in the state. [24] Adnan has more than 25 years of experience in renewable energy, sustainable development, and environmental policy. [20] We are doing a major off grid renewable energy conference in Singapore later this year. [20] Adnan Amin: Just take Saudi Arabia, so Khalid Al-Falih, actually invited me last year to attend the renewable energy conference when they announced a capacity target of 9.5 gigawatts by 2030. [20] Statkraft is already Europe’s largest producer of renewable energy and has an ambition to grow further within hydropower, wind and solar power, as well as market operations in Europe, South-America and India. [24] The challenge is far from being solved and there needs to be more access to clean fuel and technology and more progress needs to be made regarding integrating renewable energy into end-use applications in buildings, transport and industry. [31] Focusing on universal access to energy, increased energy efficiency and the increased use of renewable energy through new economic and job opportunities is crucial to creating more sustainable and inclusive communities and resilience to environmental issues like climate change. [31] The Russian Federation has launched their tenders last year for 2.9 gigawatts of renewable energy mostly wind. [20] By 2025, MCE plans to bring that figure up to 100 percent, with 80 percent of it in the form of renewable energy — a target that would put MCE far ahead of investor-owned utilities in meeting the state’s new SB 100 goals. [26] Laying impetus on private sector’s contribution to the renewable energy sector at the Technical Session: ‘Next Gen Renewables’, Head of Department Energy System Analysis, Fraunhofer Institute for Solar Energy Systems Dr. Thomas Schlegl, offered technological collaboration with Indian institutes at the Fraunhofer Institute, Germany. [24] Renewable energy consumption: Share of renewable energy in total final energy consumption. [32] Reporter covering the green technology space, with a particular focus on smart grid, demand response, energy storage, renewable energy and technology to integrate distributed, intermittent green energy into the grid. [26] IFC?s advisory services program has been supporting the investment program in access to finance, strengthening horticulture export, access to renewable energy, corporate governance structure enhancement, and investment climate reform interventions. [33] Through Room2Run, we provide an additional protection to investments in the field of renewable energy. [24] I think the reason is because the creation of the organization came at a time when the possibilities of renewable energy were becoming none and there was a need for an international collaborative platform where experience could be shared. [20] I had a chance recently to talk about all these issues with Adnan Amin. He?s the Director General of the International Renewable Energy Agency. [20] On a new episode of Columbia Energy Exchange, host Jason Bordoff sits down with Adnan Amin, the Director General of the International Renewable Energy Agency, to discuss these and other questions. [20] Asia?s largest International Renewable energy exhibition – REI 2018, started in New Delhi, India. [24] It provide excellent properties such as lightweight, weather durability, thermal stability, and flexibility which make them suitable for usage in numerous end use industries such as automotive, electrical & electronics, biotechnology, renewable energy, building & construction, and others. [24] Statkraft is a leading company in hydropower internationally and Europe’s largest generator of renewable energy. [24] I think more and more renewable energy in the system is going to fuel electric mobility because electric mobility is also a huge enabler for system flexibility. [20] Stating the demand portfolio for renewable energy batteries he said, “Ancillary services market should also be kept in mind.” [24] What we talk about is rapid adoption and transformation based on renewable energy and energy efficiency. [20] In a Tuesday forum in San Francisco, CCA advocates laid out how these city- and county-based entities, which have grown to include millions of customers formerly served by the state’s investor-owned utilities, are pushing ahead of the renewable energy and carbon reduction goals set out in California’s just-passed SB 100. [26] It serves as a platform for international cooperation on renewable energy. [20] Fellow, Brookings India, Dr. Rahul Tongia, who was the moderator at the session, stated that the technological disruption should be analyzed for the renewable energy sector and should be factored in for application. [24] The share of renewable energy in final energy consumption has reached 17.5% in 2015. [31] CleanPowerSF, the CCA launched by San Francisco Public Utility District in 2016, now has about 114,000 customers, including some showcase clients like Salesforce, which is buying 100 percent renewable energy for its Salesforce Tower and two other office buildings. [26]

In 2017, renewable energy’s share of electricity generation in the U.K. increased by 4.8 percentage pointsfrom 24.5 percent to 29.3 percent. [34] “It means prioritizing renewable energy opportunities whenever possible, including our solar projects on closed landfills or brownfields and converting previously unused resources into power for local homes and businesses.” [27] Renewable energy (hydro, wind, solar, and biomass) provided 29 percent, and nuclear provided 21 percent. [34] While this increase puts the U.K. close to its 30 percent target for renewable-based electricity generation by 2020, the U.K. is unlikely to meet its 2020 renewable energy target because of little progress in the areas of renewable heat and transport. [34] The U.K. is well on its way to meet its renewable energy targets in its generating sector for 2020 with over 29 percent of its electricity currently being generated from renewable energy resources. [34]

Now only 19 states rely on power generated by water for their primary source of renewable energy, according to the Energy Department. [35] Just a decade ago, not a single state reported solar as its biggest source of renewable energy; today, seven states say that solar is their No. 1 renewable energy source. [35] Sixteen states report that wind energy is now their biggest source of renewable energy, according to the Energy Department. [35] The Energy Department predicts that wind-generated power will overtake hydro power as the nation’s leading source of renewable energy by 2019. [35] The gains made by wind and solar are cutting into hydroelectricity, one of the oldest forms of renewable energy. [35] The report emphasizes the UAE?s capacity to enhance cooperation with the Global South, through the implementation of the UAE?s vision on renewable energy. [30] Stemming from that, renewable energy has been identified as a key arena of international engagement where the UAE?s leadership and vision, underscored by a steady increase of its institutional capacity, can make a lasting impact on the way sustainable development is understood globally. [30] A decade ago Texas was just one of seven states that relied on wind power as the biggest source for renewable energy. [35] Additional states with wind power as their dominant source of renewable energy include Colorado, Oklahoma, Nebraska, North Dakota and Pennsylvania. [35]

“Projects like this are made possible through a shared commitment to maximize underutilized space to provide clean energy to customers, advance New Jersey?s renewable energy goals and create a cleaner, fairer energy future for us all,” he added. [27] The UAE?s investments into renewable energy projects in the Caribbean reached $50 million in 2017 after a steady increase in funding on a yearly basis. [30] The record-setting prices for utility scale solar energy (below $.03 per kilowatt-hour) have created a solid competition for the fossil fuels and made the UAE an ambassador for the renewable energy projects around the world. [30] Over the past decade, the UAE has also become a global leader in renewable energy innovation. [30] As the most prominent example of a successful combination of rapid urbanization and sustainable development, Masdar is the largest commercial provider of renewable energy technologies. [30] Within the project, the UAE committed to support eleven renewable energy projects in the Pacific islands. [30] The core of the special project is a US$ 50 million initiative of delivering grant-funded renewable energy projects to Pacific Island nations. [30] The U.K. has comprehensive incentives for renewable energy that are being reviewed for their efficacy and costs. [34] His website touts reductions in greenhouse gas emissions and other environmental initiatives, but it doesn?t mention renewable energy and especially not the Renewable Portfolio Standard. [28] Donge also discussed green tariffs, which allow customers to buy large-scale renewable energy through the grid. [29]


Based on REN21’s 2017 report, renewables contributed 19.3% to humans’ global energy consumption and 24.5% to their generation of electricity in 2015 and 2016, respectively. [2] The ultimate goal calls for zero-emissions sources, which include renewable resources as well as nuclear power, which is a non-renewable zero-carbon energy source. [4] A number of projects have been proposed in Australia that incorporate wind and/or solar plus energy storage and, in some cases, adding energy storage to existing renewables projects. [1] The EIA has predicted that almost two thirds of net additions to power capacity will come from renewables by 2020 due to the combined policy benefits of local pollution, decarbonisation and energy diversification. [2] Despite these cautionary words, it is clear that the price of electricity generated from renewables is increasingly competitive relative to conventional energy sources, in most regions. [1] Hybrid projects incorporating renewables and energy storage in conjunction with conventional energy (gas, heavy fuel oil (HFO), diesel) have been proposed to reduce the overall cost of supply and emissions for both on- and off-grid solutions. [1] In 2006 a PhD thesis was published by Czisch in which it was shown that in a 100% renewable scenario energy supply could match demand in every hour of the year in Europe and North Africa. [2] In 2011 Mark Z. Jacobson, professor of civil and environmental engineering at Stanford University, and Mark Delucchi published a study on 100% renewable global energy supply in the journal Energy Policy. [2] Renewables in global energy supply: An IEA facts sheet (PDF), OECD, p. 3. [2]

A previous version of this story stated that California was setting a goal for 100 percent renewable electrical energy sources. [4] Low temperature Geothermal (generally referred to as “GHP”) is an increasingly important renewable technology because it both reduces total annual energy loads associated with heating and cooling, and it also flattens the electric demand curve eliminating the extreme summer and winter peak electric supply requirements. [2] Low Temperature Geothermal 29 refers to the use of the outer crust of the earth as a Thermal Battery to facilitate Renewable thermal energy for heating and cooling buildings, and other refrigeration and industrial uses. [2] Project developers are also increasingly examining the prospect for smarter, hybrid projects, coupling renewables with energy storage. [1] Prior to the development of coal in the mid 19th century, nearly all energy used was renewable. [2] As the penetration of renewables increases, a key challenge will be to meet the growing need for flexibility by managing and mitigating the impact of increasingly variable and bi-directional energy flows. [1] “Renewable energy resources: Current status, future prospects and their enabling technology”. [2] Renewable and Sustainable Energy Reviews. 39 : 748-764. doi : 10.1016/j.rser.2014.07.113. [2] Contribution of Renewables to Energy Security IEA Information Paper, p. 5. [2] The energy future is renewable, but it will entail greater complexity in the post-subsidy Renewables 2.0 era. [1]

Some studies have set out roadmaps to power 100% of the world?s energy with wind, hydroelectric and solar by the year 2030. [2] China is leading the world in solar PV generation, with the total installed capacity exceeding 100 GW. China is the world’s largest market for both photovoltaics and solar thermal energy. and in the last few years, more than half of the total PV additions came from the country. [3] This statistic shows a projection of the annual additions to global power generation capacity from 2010 to 2030, by energy type. [36] According to the March 28 S&P Global Market Intelligence report summary, ” NextEra Energy Inc., Duke Energy Corp., and Dominion Energy Inc.?s utilities are among a number of companies in the sector contemplating significant solar investments in the near-term. [2] Globally, the long-term technical potential of wind energy is believed to be five times total current global energy production, or 40 times current electricity demand, assuming all practical barriers needed were overcome. [2] This energy consumption is divided as 8.9% coming from traditional biomass, 4.2% as heat energy (modern biomass, geothermal and solar heat), 3.9% hydro electricity and 2.2% is electricity from wind, solar, geothermal, and biomass. [2] “A plan is outlined according to which solar and wind energy would supply Denmark’s needs by the year 2050”. [2]

Why didn’t electricity generation from renewables double along with installed power capacity? That has to do with the fact that wind turbines and solar panels operate at a fraction of their full rated capacities (a measure of power), which means they’re not always sending electricity (a measure of energy) to the grid. [6] Coal and gas-fired electricity generation last year drew less than half the record investment made in solar, wind and other renewables capacity–one of several important firsts for green energy announced today in a UN-backed. [6]

A graph of energy use in the United States up until 1900 shows oil and natural gas with about the same importance in 1900 as wind and solar played in 2010. [2] In 2014 global wind power capacity expanded 16% to 369,553 MW. 83 Yearly wind energy production is also growing rapidly and has reached around 4% of worldwide electricity usage, 84 11.4% in the EU, 85 and it is widely used in Asia, and the United States. [2] The technical complexity of projects will also increase in line with increased variable capacity, decreased grid stability, the need for “firm power” and the integration of energy storage. [1] The digitalization of energy can help to optimize the utilization of generation and grid assets, aggregate distributed energy resources, including through virtual power plants, and improve demand side management. [1]

California has established an ambitious goal of relying entirely on zero-emission energy sources for its electricity by the year 2045. [4] Typically these two technologies are used separately (or only placing them in parallel) to produce hot water. 180 In this system the solar thermal panel performs the function of the low temperature heat source and the heat produced is used to feed the heat pump’s evaporator. 181 The goal of this system is to get high COP and then produce energy in a more efficient and less expensive way. [2] Wind energy was the leading source of new capacity in Europe, the U.S. and Canada, and the second largest in China. [2]

This energy can be harnessed to generate electricity to power homes, transport and industries. [2] Many African countries receive on average a very high amount of days per year with bright sunlight, especially the dry areas, which include the deserts (such as the Sahara ) and the steppes (such as the Sahel ). 33 This gives solar power the potential to bring energy to virtually any location in Africa without the need for expensive large scale grid level infrastructural developments. [3] Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power ) exceeds consumption, and returned to the grid when production falls below consumption. [2] Wind, solar, and hydroelectricity are three emerging renewable sources of energy. [2]

In 2015 global investment in renewables rose 5% to $285.9 billion, breaking the previous record of $278.5 billion in 2011. 2015 was also the first year that saw renewables, excluding large hydro, account for the majority of all new power capacity (134GW, making up 53.6% of the total). [2] Solar water heating makes an important contribution to renewable heat in many countries, most notably in China, which now has 70% of the global total (180 GWth). [2]

The bill specifically requires that 50 percent of California’s electricity to be powered by renewable resources by 2025 and 60 percent by 2030, while calling for a “bold path” toward 100 percent zero-carbon electricity by 2045. (“Zero-carbon” sources include nuclear power, which is not renewable.) [4] Included in the definition is electricity and heat generated from solar, wind, ocean, hydropower, biomass, geothermal resources, and biofuels and hydrogen derived from renewable resources. [2]

In Denmark, wind energy met more than 40% of its electricity demand while Ireland, Portugal and Spain each met nearly 20%. [2] Concentrated solar power (CSP, also known as “concentrated solar thermal”) plants use solar thermal energy to make steam, that is thereafter converted into electricity by a turbine. [3] U.S. flips switch on massive solar power array that also stores electricity: The array is first large U.S. solar plant with a thermal energy storage system, 10 October 2013. [2]

“Providing all global energy with wind, water, and solar power, Part II: Reliability, system and transmission costs, and policies” (PDF). [2] Many nations have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources. [3]

At the World Future Energy Summit (WFES) held in Abu Dhabi in January 2018, the government of India announced the setting up of a $350 million solar development fund to enable financing of solar projects. [3] “Portfolio – The largest solar project in the Caribbean:: GES – General Energy Solutions”. [3] The push for wind power as a very lucrative energy source is being boosted by development in the technology available and accomplishments of completed projects. [5] He has over 25 years? experience in investment banking, finance and project development in the energy and infrastructure sectors, and has advised private clients, funds, governments and multilateral and bilateral development agencies on infrastructure development strategies, procurement and risk management, including under Public-Private Partnership investment models. [1]

Energy storage is a collection of methods used to store electrical energy on an electrical power grid, or off it. [2] Wave power, which captures the energy of ocean surface waves, and tidal power, converting the energy of tides, are two forms of hydropower with future potential; however, they are not yet widely employed commercially. [2] The term marine energy encompasses both wave power power from surface waves, and tidal power obtained from the kinetic energy of large bodies of moving water. [2]

Active solar technologies encompass solar thermal energy, using solar collectors for heating, and solar power, converting sunlight into electricity either directly using photovoltaics (PV), or indirectly using concentrated solar power (CSP). [2] Usually, photovoltaic (PV) cells contained in solar panels convert the sun’s energy directly into electric energy. [2] The California Energy Commission estimates that 32 percent of retail energy sales were powered by renewable sources last year. [4] Some cities across the U.S. have attained 100 percent renewable electricity or energy supplies — including Aspen, Colo., Burlington, Vt., and Georgetown, Texas. [4] In 2015 hydropower generated 16.6% of the worlds total electricity and 70% of all renewable electricity. 46 Since water is about 800 times denser than air, even a slow flowing stream of water, or moderate sea swell, can yield considerable amounts of energy. [2] “Trends toward 100% renewable electricity supply in Germany and Europe: a paradigm shift in energy policies”. [2]

It most often refers to plants or plant-derived materials which are specifically called lignocellulosic biomass. 65 As an energy source, biomass can either be used directly via combustion to produce heat, or indirectly after converting it to various forms of biofuel. [2] Plant energy is produced by crops specifically grown for use as fuel that offer high biomass output per hectare with low input energy. [2] The expected annual energy yield is about 120,000MWh, which if produced in a coal-fired plant would require emission of 39,000tonnes of CO 2 per year. [3]

Today these energy sources are competitive with conventional energy sources in most markets, drawing into question the need for continuing government support mechanisms. [1] There will be a growing need for flexibility to manage increasingly complex energy grids that rely on greater variable generation and bi-directional energy flows. [1]

Tethys is an online knowledge management system that provides the marine and hydrokinetic energy (MHK) and offshore wind (OSW) communities with access to information and scientific literature on environmental effects of MHK and OSW developments. [2] Wood remains the largest biomass energy source today; 66 examples include forest residues – such as dead trees, branches and tree stumps -, yard clippings, wood chips and even municipal solid waste. [2] A heat pump is a device that provides heat energy from a source of heat to a destination called a “heat sink”. [2]

Additional flexibility is enabled by the ongoing digitalization of the energy sector on both the supply and demand side. [1] This will provide opportunities for energy storage and hybrid solutions, as well as increasingly sophisticated digitalization of energy supply and demand management. [1] Expanding the scope of projects to incorporate energy storage will enable projects to shape energy supply to meet peak load requirements, which may have higher, more certain revenue parameters. [1]

The Canadian PV market has grown quickly and Canadian companies make solar modules, controls, specialized water pumps, high efficiency refrigerators and solar lighting systems. 116 Ontario has subsidized solar power energy to promote its growth. [3] They found producing all new energy with wind power, solar power, and hydropower by 2030 is feasible and existing energy supply arrangements could be replaced by 2050. [2]

As of 2012, the Alta Wind Energy Center (California, 1,020 MW) is the world’s largest wind farm. 107 The London Array (630 MW) is the largest offshore wind farm in the world. [2] Biomass can be converted to other usable forms of energy such as methane gas or transportation fuels such as ethanol and biodiesel. [2] This statistic shows the proportion of business sector employment that comes from the energy industry, by country. [37] This has driven down both the capital cost and the on-grid cost of energy from renewable sources. [1] It will increase countries’ energy security through reliance on an indigenous, inexhaustible and mostly import-independent resource, enhance sustainability, reduce pollution, lower the costs of mitigating climate change, and keep fossil fuel prices lower than otherwise. [2] The energy costs for producing bio-ethanol are almost equal to, the energy yields from bio-ethanol. [2]

Ocean thermal energy conversion, which uses the temperature difference between cooler deep and warmer surface waters, has currently no economic feasibility. [2] In Sweden, national use of biomass energy has surpassed that of oil. [2]

Run-of-the-river hydroelectricity plants derive energy from rivers without the creation of a large reservoir. [2]

Although investment in renewables dipped in dollar terms in 2016-2017, they have continued to gain ground against conventional energy sources, particularly for new power plants. [6] Already 100% renewable in Europe and the U.S. the company has set an interim target to source 100% of its electricity purchased from the grid from renewables by 2020, with a view to sourcing 100% of its energy from renewables by 2030. [10] Renewables supplied 18 percent of U.S. power generation in 2017 through October, up from 15.2 percent during the same period in 2016, according to data from the Energy Department. [6] A new report from the Federal Energy Regulatory Commission finds that of all new electricity generation built in the first two months of 2018, a full 98 percent is renewable. [6] “Renewable energy is not an alternative technology; it is now the dominant source of new generation capacity,” said Scott Jacobs, chief executive and co-founder of clean-energy investment firm Generate Capital. [6] We have looked at investment trends by region, but which renewable technologies are receiving the largest investment? In the chart below we have shown global investment trends by energy source, through to 2016. [6] Last year was the eighth in a row in which global investment in renewables exceeded $200 billion – and since 2004, the world has invested $2.9 trillion in these green energy sources. [6]

State policies and incentives that favor renewables and new technologies, such as batteries and other storage devices, smart power inverters and real-time energy management systems that use machine learning, are driving greater adoption of renewables. [6] French oil giant Total (NYSE: TOT) is slowly transforming itself into a leading gas and electric utility in Europe, while also investing heavily in solar panels, next-generation renewable fuels, and energy storage technologies. [6] That was in part because of AGL?s record profits but also its decision to replace the 50-year-old Liddell coal-fired power plant with a combination of natural gas, renewables and energy storage. [14] According to a study by BP, America?s energy mix changed in favor of natural gas and renewables, topping coal and nuclear power with a slight year-over-year decrease. [6] Private sector green power providers say renewables could close the energy gap – but better market conditions are essential. [8] Pressure on Japan to increase renewables? share of the energy mix means the number of large-scale solar farms is expected to rise. [6] The chart below shows the share of final energy consumption (which is inclusive of electricity, transport, heating and cooking) derived from renewables plotted against income (GDP per capita, adjusted for cross-country price differences). [6] The news is a major victory that the iPhone maker has been working toward for years through the purchase of green energy bonds and other renewable investments in its supply chain and physical infrastructure. [6]

While renewables have been very successful in their ever-growing contribution to electrical power there are no countries dominated by fossil fuels who have a plan to stop and get that power from renwables. [2] Of the renewables total, wind accounted for 72GW and solar photovoltaics 56GW; both record-breaking numbers and sharply up from 2014 figures (49GW and 45GW respectively). [2] “Renewables made up half of net electricity capacity added last year” via The Guardian. [2] There has also been an expansion of the share of renewables in the global stock of installed capacity to about 32% by 2017. [1]

Over 44 million households use biogas made in household-scale digesters for lighting and/or cooking, and more than 166 million households rely on a new generation of more-efficient biomass cookstoves. 26 Clean liquid fuel sourced from renewable feedstocks are used for cooking and lighting in energy-poor areas of the developing world. [2] Competitive electricity markets are subject to significant time-of-day and seasonal generation and price fluctuations, meaning that the price achievable for renewables will vary substantially from the average on-grid price, due to their generation profile. [1] California already gets a substantial portion of its electricity from renewable resources. [4]

The vast majority of geothermal energy within drilling reach is in dry and non-porous rock. 161 EGS technologies “enhance” and/or create geothermal resources in this “hot dry rock (HDR)” through hydraulic stimulation. [2] Solar power systems were installed in 42 schools in New Zealand in the Schoolgen program, a program developed by Genesis Energy to educate students in solar power. [3] Large-scale energy storage systems can help address that problem, Sommer said, as could a “better-connected transmission grid system.” [4] Geothermal wells release greenhouse gases trapped deep within the earth, but these emissions are much lower per energy unit than those of fossil fuels. [2] In rural and remote areas, transmission and distribution of energy generated from fossil fuels can be difficult and expensive. [2]

Offshore wind power is not a form of marine energy, as wind power is derived from the wind, even if the wind turbines are placed over water. [2]

Renewables Global Status Report 2012 Archived 15 December 2012 at the Wayback Machine. p. 17. [2] Renewables 2007 Global Status Report, Paris: REN21 Secretariat, 51 pages. [2]

Some countries have much higher long-term policy targets of up to 100% renewables. [2] A photovoltaic system converts light into electrical direct current (DC) by taking advantage of the photoelectric effect. 51 Solar PV has turned into a multi-billion, fast-growing industry, continues to improve its cost-effectiveness, and has the most potential of any renewable technologies together with CSP. 52 53 Concentrated solar power (CSP) systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam. [2] Renewable technologies are now often the most economic solution for new generating capacity. [2]

The military has also focused on the use of renewable fuels for military vehicles. [2] “Cost of renewable energy’s variability is dwarfed by the savings: Wear and tear on equipment costs millions, but fuel savings are worth billions”. [2]

In this article, Duncan Ritchie, partner at Apricum – The Cleantech Advisory, will look at the key market developments for renewables, explode the myth of grid parity, highlight the need for flexibility and explain the importance of new financing solutions that are capable of meeting the new complexities brought about by “Renewables 2.0?. [1] The rationale being that if renewables have achieved “grid parity?, they no longer need support mechanisms to compete effectively in a competitive market. [1]

Several jurisdictions, including Denmark, Germany, the state of South Australia and some U.S. states have achieved high integration of variable renewables. [2] The increased investment in renewables has also enabled equipment manufacturers to achieve increased economies of scale. [1] Unlike fossil fuels, renewable fuels can be produced in any country, creating a strategic advantage. [2] The litmus test for the competitiveness of a renewable project in a post-subsidy environment should simply be: is the project economically viable, from the point of view of a rational investor, taking account of the prevailing and expected market forces, including the projected revenue, operational and financial parameters. [1] Apricum offers a range of services that specifically address the increased revenue complexity of Renewables 2.0 projects involving aspects such as corporate PPAs, merchant risk, stacked revenue and stochastic analysis. [1]

Rapidly falling costs have allowed solar and wind to compete with conventional power generation sources in multiple regions, driving the growth in the share of renewables in electricity to 22.8% in 2015. [6] Wind and solar have lower load factors than coal, gas or nuclear power plants, meaning each gigawatt of renewables generates less electricity each year. [6]

Shifting our energy systems away from fossil fuels towards renewable technologies will require significant financial investment. [6] In the post-Fukushima era, local authorities around Japan are courting private investment in renewables as part of a push to dramatically increase their share of the national energy mix. [6] To date, the company has focused largely on the use of renewables for heat, which accounts for most of its energy use. [10] The more costs continue to decline for renewables, the more they will take market share away from the traditional energy markets. [6] Renewables? share of U.S. energy consumption has now doubled since 2008, as coal?s share crashed in the same period from 48% to 30%. [6] This is shown by the continued decline in renewables as a share of final energy. [6]

LISBON, May 2, 2018 –The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies. [6] “The experience of countries that have substantially increased the number of people with electricity in a short space of time holds out real hope that we can reach the billion people who still live without power,” said Riccardo Puliti, Senior Director for Energy and Extractives at the World Bank. [6]

Tengger Desert Solar Park covers an area of 34 km2 and has a total energy capacity of 1,546 MW. That means it can supply power for up to 600,000-700,000 homes. [6] The United States leads the world in raw capacity for sources such as nuclear, wind, solar; but each source makes up a small percentage of the share of U.S. energy. [7] These projects represent a diverse range of energy sources, including solar arrays and wind farms as well as emerging technologies like biogas fuel cells, micro-hydro generation systems and energy storage technologies. [6] In 2016, solar and wind energy both received 47 percent of investment (combining to account for 94 percent of global finance). [6] The costs of solar and wind energy have shrunk dramatically in recent years, making the economic case to transition away from carbon-intensive energy sources all the more compelling. [6] Wind, solar, and other renewable sources (i.e., biomass, geothermal, hydropower) accounted for almost 95% of all new U.S. electrical generation placed into service in the first quarter of this year, according to a SUN DAY Campaign analysis of data released today by the U.S. Federal Energy Regulatory Commissions (FERC). [6]

Wind farms supply more than 15 percent of power generated in Texas, and that share is likely to grow following the planned closure of three aging coal plants operated by Vistra Energy. [6] BP expects electricity consumption to grow strongly with 70 percent of the increase in primary energy attributed to the power sector. [6] “Despite this clear evidence of strength in the power generation sector, a complete energy transformation goes beyond electricity to include the end-use sectors of heating, cooling and transportation, where there is substantial opportunity for growth of renewables.” [6] The Geothermal Energy Association estimates that we’ve only tapped about 6.5% of the global potential for geothermal power (which means we could produce at least 2 TW of geothermal electricity using just current technology). [6]

The International Geothermal Association (IGA) has reported that 10,715 MW of geothermal power in 24 countries is online, which is expected to generate 67,246 GWh of electricity in 2010. 131 This represents a 20% increase in geothermal power online capacity since 2005. [2] Germany is among the top 4 ranking countries in terms of installed photovoltaic solar capacity and number one regarding per capita installation of PV. The overall capacity has reached 42.98 gigawatts (GW) by the end of 2017. 87 88 Photovoltaics contribute almost 6% to the national electricity demands. [3] Installations have been growing rapidly in recent years as costs have declined with the U.S. hitting over 50 GW of installed solar PV capacity at the end of 2017. 129 130 United States is in the top 4 ranking for countries with the most solar PV installed. [3]

This target has been achieved four years ahead of its deadline with India surpassing 20 GW of installed solar capacity in January 2018. 43 40 44 45 46 In January 2015, Indian Prime Minister Narendra Modi announced an initiative to increase the solar capacity to 100 GW 47 and total renewable power capacity to 175 gigawatts (GW) by 2022. [3]

In 2020, it is expected that some 208 gigawatts of clean energy will be added to the global power generation capacity. [36] ” Iceland and Norway meet essentially all of their electrical needs through hydro and geothermal power, and have for years — but those countries take advantage of extraordinary geology, making the accomplishment hard to replicate. [4] The country is a leading manufacturer of solar panels and is in the top 4 ranking for countries with the most solar PV installed. [3]

Since the 1970s, Brazil has had an ethanol fuel program which has allowed the country to become the world’s second largest producer of ethanol (after the United States) and the world’s largest exporter. 125 Brazil’s ethanol fuel program uses modern equipment and cheap sugarcane as feedstock, and the residual cane-waste ( bagasse ) is used to produce heat and power. 126 There are no longer light vehicles in Brazil running on pure gasoline. [2]

The use of local mini-grids run on solar power is “a big part of the push, with 60 percent of new connections expected to be to renewable power”, according to a report by the International Energy Agency. 55 The government provides subsidy of up to 90% of the upfront capital cost to install solar-powered water pumping systems for irrigation and drinking water. [3] According to a 2011 projection by the International Energy Agency, solar power generators may produce most of the world’s electricity within 50 years, reducing the emissions of greenhouse gases that harm the environment. [2]

NPR’s Planet Money reported that on a sunny day this June, nearly 50 percent of the state’s electricity came from solar energy alone. [4]

California’s utilities had been on track to meet the previous goal, of 50 percent clean power by 2030, “but scientists debate whether cost-efficient 100 percent clean energy is feasible or if it would require new technological advances,” Bradford wrote. [4] The state’s governor has signed a landmark bill setting a goal of 100 percent clean energy for the state’s electrical needs, by the year 2045. [4]

With tax incentives, and efficient coordination with energy companies, solar electricity can often pay for itself in five to ten years. [38] In Reno, Nevada, Apple created a partnership with the local utility, NV Energy, and over the last four years developed four new projects totaling 320 megawatts of solar PV generation. [6] Angus McCrone, Chief Editor of Bloomberg New Energy Finance and lead author of the report, said: “In countries that saw lower investment, it generally reflected a mixture of changes in policy support, the timing of large project financings, such as in offshore wind, and lower capital costs per megawatt.” [6] Three-quarters of the total new wind energy capacity installed in 2017 came from five countries alone China with 15 GW, the United States and Germany with 6 GW each, the UK with 4 GW, and India with 4 GW. [6]

Global employment in the wind energy sector declined by 0.6 percent to 1.15 million jobs, which could be attributed to the slowing pace of new capacity additions. [6] The heating, cooling and transport sectors, which together account for about four-fifths of global final energy demand, continue to lag far behind the power sector. [6] “By expanding access to clean affordable household energy, the global community has the power to lift a terrible health burden from millions of marginalized people – in particular women and young children who face the greatest health risks from household air pollution.” [6] Solar cells generate energy for far-out places like satellites in Earth orbit and cabins deep in the Rocky Mountains as easily as they can power downtown buildings and futuristic cars. [38] Fifty-five percent of that energy was produced through hydro power, while 42 percent came from wind. [6] Oil, natural gas, coal, and non-fossil fuels each contribute about 25 percent to the global energy mix in that year. [6] While more capacity was installed in 2017, the global growth rate slowed last year, down from 49 percent in 2016, according to energy news site CleanTechnica. [6]

It shows renewables, excluding large hydro, made up three-fifths of net power capacity growth in 2017 and supplied a record 12% share of global electricity generation. [6] The grey line in the chart show the share of global power capacity which is renewable, excluding large hydro, while the blue line shows the contribution to electricity generation. [6]

All told, non-hydro renewables accounted for 61 percent of net power generation capacity added in 2017 worldwide, a record, and a consistently growing (and record-breaking) portion of both global power capacity and global power generation. [6] Renewables will supply 30 percent of global power generation by 2022, up from 24 percent currently. [6]

The FERC report also estimates that 69 percent of new energy generation added over the next three years will be from renewable sources. [6] U.S. President Donald Trump resigned from the Paris Climate Agreement almost a year ago and recently ordered Energy Secretary Rick Perry to subsidize unprofitable coal and nuclear power plants. [6] On a much larger scale, solar-thermal power plants employ various techniques to concentrate the sun’s energy as a heat source. [38] What is capacity? It is the maximum amount of energy that could be produced by a power plant under optimal conditions. [7] The “World Energy Production Capacity” report explores the energy capacity of various nations and highlights a few components of Power BI along the way. [7] The total power capacity of the Geysers is 1517 MW and is by far the largest geothermal energy field in the world (the second largest is Mexico’s Cerro Prieto Geothermal Power Stations, which has an installed capacity of 820 MW). [6]

Six of the 20 countries that represent 80 percent of the world?s total primary energy supply, including Japan and the U.S., reduced their annual primary energy supply in 2010-15 while continuing to grow GDP – indicating a peak in energy use. [6] Many African countries receive on average a very high amount of days per year with bright sunlight, especially the dry areas, which include the deserts (such as the Sahara ) and the steppes (such as the Sahel ). 24 This gives solar power the potential to bring energy to virtually any location in Africa without the need for expensive large scale grid level infrastructural developments. [6] Operating in more than 60 countries with diverse energy markets, AXA intends to achieve this target by using a mix of approaches, notably buying electricity directly from providers and compensating for non-renewable electricity. [10] The fast growth in developing countries increases global energy demand by a third by 2040. [6]

“The extraordinary surge in solar investment shows how the global energy map is changing and, more importantly, what the economic benefits are of such a shift,” said UN Environment head Erik Solheim. [6] Since 1997, global cumulative installed solar photovoltaic (PV) and wind power have climbed from less than 8 GW to nearly 800 GW, according to the BP Statistical Review of World Energy. [6] “After the Fukushima disaster we identified the need to diversify our energy supply to include solar, wind and micro-hydroelectric, and at the same time stimulate the local economy,” said Kouichi Ishige, a deputy director in the prefecture?s industrial waterworks bureau. [6] FERC’s latest Energy Infrastructure Update (with summary statistics for January, February, and March 2018) shows that 16 new “units” of wind, totaling 1,793 MW, came into service in the first three months of 2018 along with 92 units of solar (1,356 MW) for a total of 3,149 MW. In addition, there was one unit of geothermal steam (19 MW), five units of water (18 MW), and three units of biomass (3 MW). [6] Unsurprisingly, solar and wind energy both saw significant growth in 2017. [6] Apple?s global operations, including some suppliers in China and facilities in places without access to clean energy, are not technically 100 percent renewable, meaning not every single joule or electron used is initially created by wind, solar, or other green energy plants and farms. [6] Specifically focused on utility-scale new generating capacity renewables totaled 12,321MW of 25,041MW of that new capacity. 6,759MW of the renewables being wind and 5,170MWAC of that solar, with 392MW of ‘other renewables.’ Those totals made renewables 49.2% of new utility-scale electricity generating capacity. [6] It adds that solar will continue to dominate the renewables market, generating far more electricity in the next four years than wind and hydropower, for example. [6] Today?s report also lists a record 5GW of new renewables bought via power purchase agreements (PPAs), where large corporates agree to buy fixed amounts of electricity for a set number of years at a guaranteed price. [6] The overall cost of electricity for renewables will be even more competitive with or without their own subsidies especially if carbon emissions become taxable and increase the cost of thermal power generation relative to renewables. [6]

These enable further energy stability solutions, including wind-solar hybrid generation, grid management using utility scale batteries, and plausible alternative power storage options such as pumped hydro or a gas grid to create an adequate balancing mechanism. [6] Power was produced primarily by coal, natural gas, and nuclear energy at large power plants at central locations and distributed to customers via the electrical grid. [6]

Politics notwithstanding, meeting Australia?s energy needs long-term requires a massive investment that only the country?s power companies can reasonably make. [14] Electricity accounted for only 20% of total final energy consumption that year, highlighting the need to accelerate progress in transport and heating. [6] It overtook coal as the leading source of new global energy for the time in 2016 and will continue to be the leader in this regard for many more years while growing at an aveage rate of about 33% per year. [6] BP expects China?s energy demand to grow by 1.5 percent per year during the forecast period–less than a quarter of its growth rate over the past 20 years. [6] Global electricity demand is expected to grow three times more quickly than other energy. [6] Solar power accounted for more than a third of all electricity from energy sources that came online in 2017. [6] New Jersey?s growth in energy efficiency was abysmal, with a negative growth of -.06, comparing the savings in energy efficiency with the overall growth of electricity, which ranked the state 44th. [11] Reduce your power bills with renewable sources & energy efficiency. [6] Energy storage achieves synergy with variable renewable sources like solar and wind power, since its removes their main limitation – inability to deliver power on demand. [6] According to the Federal Energy Regulatory Commission’s (FERC) ” Energy Infrastructure Update ” (EIU), renewable power sources accounted for half (49.9%) of the 24.6 gigawatts (GW) of new U.S. electrical generating capacity placed into service in 2017. [6] The production capacity per capita for each energy source would also help offset the heavy focus on China and the U.S. based on the raw numbers, but that also leads to a slightly different story. [7]

While the U.S. economy has continued a healthy expansion, total U.S. energy consumption actually declined in 2017 by 0.2%, illustrating the economy?s ability to do more while consuming less power. [6] According to the FERC?s Energy Infrastructure Update for February, the United States added a total of 2,173 megawatts of electricity generation in January and February combined. [6] By 2020, the total capacity for geothermal energy will reach around 14.5-17.6 GW. By far the largest wind farm in the world in terms of energy capacity is the Gansu Wind Farm located in the Gobi Desert of western China. [6] Solar PV grew by an impressive 32% in 2017, followed by wind energy which grew by 10%. [6] The Sahara Desert covers an area around 9,200,000 sq kilometers (3,600,000 sq miles), so we’d only need to cover about 1.2% of this massive inhospitable desert with solar panels to meet the world’s demand for energy. [6] Coal is expected to provide the major source of energy, accounting for 45 percent of the increase in energy demand. [6] As of 2011, the technology produced less than one tenth of one percent of global energy demand. [38] The IEA predicts coal?s share of the global energy mix will fall to 26 percent in 2022, from 27 percent currently. [6]

Internet of Things (IoT): Smart monitoring systems are being deployed to reduce the operation and maintenance expenses of power plants, and distributed energy resources such as residential PV systems and batteries are being aggregated into “virtual power plants” that can mimic the behavior of a centralized system. [6] In an attempt to turn back the tide, Energy Secretary Rick Perry proposed in September that federal regulators change the nation?s power-market rules to require special payments for coal and nuclear power plants. [6] Apple says that when it purchases REQs, “we require that they are Green-e Energy certified and come from the same power grid–and preferably the same state — as the Apple facility they support.” [6] Origin Energy (ORG, OGFGY), the second largest power company, is slightly better at 6 buys and 6 holds with no sells. [14]

The report attempts to drive viewers toward a better understanding of each country’s capacity by energy source. [7] The capacity of more stable sources of energy will need to keep up. [6]

Every hour the sun beams more energy onto Earth than it needs to satisfy global energy needs for an entire year. [38] As part of RE100, Starbucks is exploring ways to further increase its use of renewable electricity as part of its global energy mix. [10] According to the International Energy Agency (IEA), renewables were responsible for almost 165 GW of new global power capacity in 2016–nearly two-thirds of the global total. [6] The shift in global additions means that renewables, excluding large hydro, made up 61% of the growth in power generating capacity last year, a record high, shown in the chart, below. [6] According to the REN21’s Renewables 2018 Global Status Report, solar photovoltaic (PV) capacity reached record levels. [6] European investment in renewables fell in 2017, according to the report, in large part, its authors said, because of Britain, which has moved to end subsidies for wind and solar projects. [6] A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday. [6]

A stronger numerator (solar production) and lower denominator (energy demand) can make a record-breaking combination. [6] In Italy, Greece, and Germany — solar power energy supplied more than 7% of electricity demand. [6] Group companies also include Watami Farm Corporation, which promotes organic farming through the operation of 12 farms, and Watami Farm & Energy Co., Ltd., which sells power generated through wind and solar power generation. [10]

Solar technologies are also very expensive and require a lot of land area to collect the sun’s energy at rates useful to lots of people. [38] Salesforce is a CRM software solutions and enterprise cloud computing company that believes the cloud should be powered by clean sources of energy. [10] It introduces raw measurements of capacity in a series of faceted bar charts, or ” small multiples “, by energy source. [7] Not all facilities operate at 100% capacity, however, and countries trade energy for consumption. [7] Progress continues to be slow in low income countries, where energy intensity is higher than the global average. [6]

Hydropower is produced in 150 countries, with the Asia-Pacific region generating 32 percent of global hydropower in 2010. [2] Historically hydroelectric power came from constructing large hydroelectric dams and reservoirs, which are still popular in third world countries. [2] The U.S. is among the top countries in the world in electricity generated by the Sun and several of the world’s largest utility-scale installations are located in the desert Southwest. [2] The top installers of 2016 were China, the United States, and India. 1 There are more than 24 countries around the world with a cumulative PV capacity of more than one gigawatt. [3] Most of it is grid connected. 82 Photovoltaic deployment in Austria had been rather modest for many years, while in other European countries, such as Germany, Italy or Spain installations were booming with new records year after year until 2011. [3] Spain was an early adopter in the development of solar energy, since it is one of the countries of Europe with more hours of sunshine. [3] The term “solar vehicle” usually implies that solar energy is used to power all or part of a vehicle’s propulsion. [2] International Energy Agency – Photovoltaic Power Systems Programme. 2017-07-26. p.8. [3] In 2011, the International Energy Agency said that “the development of affordable, inexhaustible and clean solar energy technologies will have huge longer-term benefits. [2] A green bank is a quasi-public financial institution that uses public capital to leverage private investment in clean energy technologies. 143 Green banks use a variety of financial tools to bridge market gaps that hinder the deployment of clean energy. [2]

California is not the first state with such ambitions — in 2015, Hawaii established a goal of 100 percent renewable electricity sources by 2045. [4] Renewable electricity production, from sources such as wind power and solar power, is sometimes criticized for being variable or intermittent, but is not true for concentrated solar, geothermal and biofuels, that have continuity. [2]

Previously, California had mandated 50 percent renewable electricity by 2030. [4]

A demonstration project operated by the Ocean Renewable Power Company on the coast of Maine, and connected to the grid, harnesses tidal power from the Bay of Fundy, location of world’s highest tidal flow. [2]

In some countries, project developers have anticipated this shift and are already side-stepping government-mandated schemes, focusing on market-based projects. [1] GCC Gulf Cooperation Council countries; AUS Australia; DE Germany; IDN Indonesia; ZA South Africa; GT Gas turbine; CCGT combined cycle gas turbine; PV photovoltaic; CSP concentrated solar power. [1] Even though they are typically very poor, these people have to pay far more for lighting than people in rich countries because they use inefficient kerosene lamps. [2] The Consumer Market Outlook now includes historical market sizes and forecasts for 9 personal luxury goods categories as well as company data on key players in 50 countries. [37] The political realities of new reservoirs in western countries, economic limitations in the third world and the lack of a transmission system in undeveloped areas, result in the possibility of developing 25% of the remaining potential before 2050, with the bulk of that being in the Asia Pacific area. 102 There is slow growth taking place in Western counties, but not in the conventional dam and reservoir style of the past. [2] This is mainly due to the strong decline of new installations in some major markets such as Germany and Italy, while the United Kingdom and some smaller European countries are still expected to break new records in 2014. 79 Spain deployed about 350MW (+18%) of concentrated solar power (CSP) in 2013, and remains a worldwide leader of this technology. [3] Such solutions make a lot of sense in archipelago countries, like Indonesia and the patchy, unreliable grid networks in a number of developing regions, notably in Sub-Saharan Africa. [1]

Solar power in Morocco is enabled by the country having one of the highest rates of solar insolation among other countries– about 3,000 hours per year of sunshine but up to 3,600 hours in the desert. [3] Worldwide growth of photovoltaics is extremely dynamic and varies strongly by country. [3]

Luz and Bright Source R&D centers in Jerusalem pioneered industrial scale solar energy fields with initial installations in California’s Mojave Desert. [3] Non-technical Barriers to Solar Energy Use: Review of Recent Literature, Technical Report, NREL/TP-520-40116, September, 30 pages. [2] Romania is located in an area with a good solar potential of 210 sunny days per year and with an annual solar energy flux between 1,000 kWh/m2/year and 1,300 kWh/m2/year. [3] The government has a long-term plan to make the solar capacity become 4,500 MW by 2020 and to make 7.5 million Taiwan residents to utilize solar energy by 2030. [3] CSP-Stirling has by far the highest efficiency among all solar energy technologies. [2] Solar energy, radiant light and heat from the sun, is harnessed using a range of ever-evolving technologies such as solar heating, photovoltaics, concentrated solar power (CSP), concentrator photovoltaics (CPV), solar architecture and artificial photosynthesis. 49 50 Solar technologies are broadly characterized as either passive solar or active solar depending on the way they capture, convert and distribute solar energy. [2]

These investments are particularly aimed at solar energy, thanks to the Tax Cuts and Jobs Act of 2017 being signed into law. [2] Morocco has launched one of the world?s largest solar energy projects costing an estimated $9billion. [3] The Moroccan Agency for Solar Energy (MASEN), a public-private venture, has been established to lead the project. [3]

U.S. President Barack Obama’s American Recovery and Reinvestment Act of 2009 includes more than $70 billion in direct spending and tax credits for clean energy and associated transportation programs. [2] This push for clean energy in the U.S. has been motivated by the American Recovery and Reinvestment Act of 2009. [5]

Natural gas is expected to become the leading U.S. fuel by 2040, accounting for 40 percent of domestic energy consumption–up from 32 percent today. [6] Natural gas demand overtakes coal as the second largest source of energy. [6]

Botswana imports a large percentage of its energy from the Southern African Power Pool. [9] Continuing the series, which is designed to highlight key capabilities within the Power BI platform, let’s turn our attention to world energy. [7] T he New Deal on Energy for Africa: A transformative partnership to light up and power Africa by 2025. [9]

Vestas is the energy industry’s global partner on sustainable energy solutions through the design, manufacture, installation, and servicing of wind turbines across the globe. [10] The REN21 global report also identifies key trends that could transform the energy industry in the near future, leading to new business models and enhancing the capabilities of existing technologies. [6] The world added more solar power capacity than any other type of energy in 2017, outpacing all fossil fuels, according to a new report from the United Nations Environment Programme (UNEP). [6] The first page of this report provides a measure of energy capacity in megawatts. [7]

All of KPN’s electricity has come from renewable sources of energy since 2013. [10] The group says renewable power produced in March was equal to 103.6 percent of electrical demand on mainland Portugal. (Portugal also includes several islands, which have separate energy systems.) [6] Nine state now generate more than 20% of their energy from clean, renewable sources. [11] In May 2017 the company joined RE100 and achieved its ambition to balance 100% of its energy use with energy from renewable sources. [10] Renewable sources have been adopted at a much slower rate in heating and cooling, where they only account for 10% of total energy use. [6] Ireland is second, with the report predicting it will generate one-third of its energy needs from renewable sources. [6]

Today, about a third of California’s electricity comes from renewables, including solar, wind, geothermal, biomass and small hydropower dams. [13] Chiba prefecture, which is served by the electricity company Tepco, is one of several local regions that are courting private renewable investors, offering public land for the construction of ever-larger solar farms on land and water. [6] Despite contributing the majority of new capacity added in 2017, renewables, excluding large hydro, still only supplied 12% of global electricity generation – itself a record contribution that has doubled since 2010. [6] It made up 57 percent of the total investment in all renewables (excluding large hydro) of USD 279.8 billion, and it towered above new investment in coal and gas generation capacity (estimated at USD 103 billion). [6] More than two-thirds of investments in power generation were in renewables in 2017 owing to increasing cost-competitiveness and the share of renewables in the power sector is expected to only continue to rise. [6] BP expects renewables to surpass coal as the second-largest U.S. source of power generation by around 2030. [6]

Countries around the world installed 98 gigawatts of new solar capacity, significantly more than renewable, fossil fuel or nuclear energies. [6] Continued economic development through low-to-middle and into higher incomes has historically been achieved for most countries through industrialisation, and as a result a dominance of fossil fuels within the energy mix. [6] Even coal, deemed by many to be a globally obsolete form of energy generation, will remain in countries with domestic coal resources, though its slow and inevitable decline is continuing in developed markets. [6] Only 24 countries currently produce geothermal energy, but there are ongoing projects to implement geothermal technology throughout 80 countries. [6] In low and middle-income countries, the energy intensity of the residential sector has been increasing since 2010. [6] South Africa and the countries north of the Sahara account for three-quarters of the continent’s energy consumption. [9]

Simulations cap the potential of wind power at around 400 TW with current technology, which could easily meet our present energy demands (the global usage in 2017 was about 18 TW). [6] The defeat of Turnbull?s National Energy Guarantee policy at the hands of pro-coal forces was the immediate catalyst for his ouster as PM. Incoming energy minister Angus Taylor is a long-time opponent of wind power and has pledged to “wield a stick” against electricity companies to bring down rates. [14]

While viewing the page, users can easily identify the diverse mix of energy sources for both the United States and China immediately by looking at color and getting a sense of the magnitude if they consider the data labels. [7] BP projects that the United States will become energy self-sufficient in the early 2020s and maintain its position as the world?s largest producer of liquid fuels and natural gas. [6] Clean cooking continues to lag the furthest behind of all the four energy targets, due to low consumer awareness, financing gaps, slow technological progress, and lack of infrastructure for fuel production and distribution. [6]

For comparison, the world uses about 430 quintillion joules of energy in an entire year. [6] This week, coincidentally, the Portuguese government put a stop to another energy subsidy — one “worth about 20 million euros a year, most of which goes to fossil fuel plants,” Reuters writes. [6] The expected annual energy yield is about 120,000MWh, which if produced in a coal-fired plant would require emission of 39,000tonnes of CO 2 per year. [6]

All is not lost! The second page contrasts the prior focus on raw numbers with a measure of each country’s share by energy source. [7] Overall, however, this page does not easily show how certain energy sources may drive a country’s contribution. [7]

It is important to note that the data relates to production capacity rather than actual production or energy usage within a country. [7] France has both high capacity and a high share of nuclear energy. [7]

Solar power is the world’s fastest growing source of new energy. [6] Building upon the idea of contribution percentage from the prior page, the third page helps balance the views based on raw megawatts with production mix by energy source. [7] To account for having both measures presented on the same page with one visual instead of eight, different shapes help users more easily distinguish between energy sources when looking at the scatterplot. [7] The final page reintroduces the bar chart by energy source from the third page and allows viewers to explore how each source is distributed throughout the world. [7]

Advances in energy efficiency and consumption management have effectively offset organic growth in energy demand in the largest markets, and those trends are not likely to change. [6] The Canadian PV market has grown quickly and Canadian companies make solar modules, controls, specialized water pumps, high efficiency refrigerators and solar lighting systems. 107 Ontario has subsidized solar power energy to promote its growth. [6] There is mounting evidence of the uncoupling of growth and energy use. [6] Economic growth outpaced growth in energy use in all regions, except for Western Asia, where GDP is heavily tied to energy-intensive industries, and in all income groups. [6]

Switzerland-based UBS is a leading global financial services provider with a long track record of addressing environmental and energy challenges, determined to support its clients in preparing for success in an increasingly carbon-constricted world. [10] The findings come from the 2018 Sustainable Energy in America Factbook, produced each year by the Business Council for Sustainable Energy and Bloomberg New Energy Finance. [6] Funding for the report was provided by the World Bank?s Energy Sector Management Assistance Program (ESMAP). [6] Our reporter went to North Frisia to meet a pioneer of wind energy. [8] Sustained economic growth may allow energy demand to outpace efficiency-driven demand reduction, but the vulnerability of the currently favorable phase of the economic cycle increases with time. [6] BP provides a worldwide view of energy supply and demand through 2040 in its Energy Outlook 2018. [6] There’s a more than enough solar power to meet out energy demands. [6] Distributed energy resources: With the low cost of solar power, along with the commercial availability of home batteries, distributed energy systems are becoming possible. [6]

The IEA argues that renewables, particularly solar, will help more people to gain access to electricity for the first time than coal, thanks to rapidly falling costs. [6] Despite President Donald Trump?s decision to pull out of the Paris Agreement, renewable projects in the U.S. are expected to benefit from multi-year federal tax incentives and state-level policies for distributed solar panels in the coming years. [6] As the renewable production rose, the price of electricity fell by about 10 percent compared to a year before, the wire service notes. [6] Burberry is aiming to procure 100% of electricity from renewable resources to power its whole business by 2022. [10] Incidentally, renewables growth across the EU is 40% lower than between 2011 and 2016, with the market hampered by weaker electricity demand, overcapacity, and a lack of clarity on the capacity volumes that will be auctioned. [6] The rise of new renewable capacity is largely down to solar growth, as the first chart showed. [6] The solar build-out represented 38% of all the net new generating capacity added (renewable, fossil fuel and nuclear) last year. [6] The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. [6]

Global renewable investment held steady, with falling costs ensuring the same money bought record levels of new capacity. [6] China, Europe and the United States accounted for nearly 75 percent of global investment in renewables in 2017. [6] Public investment in renewables continued for years — as did the high electricity rates. [6] IRENA notes that the total investments in renewables increased from the 2016 total, and that the declining costs of these technologies will continue to propel their implementation in the years to come. [6] It made up 57 per cent of last year’s total for all renewables (excluding large hydro) of $279.8 billion, and it towered above new investment in coal and gas generation capacity, estimated at $103 billion. [6]

The Batoka Gorge hydroelectric power project is just one way in which partnerships by African states are emerging in the renewables space. [9] The U.S. Department of Defense continues to be a major clean-energy consumer, as it aims to use renewables for one-fifth of power supplies for all armed forces. [6] The District of Columbia, home of the nation?s capital, has a mandate to use renewables for half its power use by 2032. [6]

New York currently uses renewables for 23 percent of the state?s supply, and that share also is slated to expand to one-half by 2030, according to the state. [6]

The business has an interim RE100 target to source 75% of its purchased electricity from renewables by 2030, and is aiming to be 100% renewable at the earliest subsequent opportunity. [10] Some 99 percent of the country?s electricity originates from renewable resources (compared to 15 percent in the United States). [12] Today, traditional biofuels remain the largest source of renewables, accounting for 60-70 percent of the total. [6] According to the report, the renewable industry jobs sector increased by 5.3 percent last year, raising the total number of employees to 10.3 million a new record for the industry. [6] Among the top three nations, China is the undisputed renewable growth leader, accounting for over 40% of the total global clean energy mix by 2022. [6] Tax policy changes in the U.S. would likely reduce benefits for renewables projects, though overall costs for renewables are likely to continue declining as global demand increases. [6]

McKinsey has a target to power 100% of its operations with renewables by 2025 as part of its commitment to be carbon neutral. [10] The trend toward renewables and away from more expensive coal and nuclear power plants is playing out in other regions. [6] The increase in cheap renewables and natural gas power has led to a shift away from expensive coal and nuclear power. [6] In the power sector, the transition to renewables is under way but is progressing more slowly than is possible or desirable. [6] Kenya shows renewables scope to plug Africa’s power supply gaps. [9] Most countries invest less than one percent of GDP in renewable technologies (with the exception of South Africa and Chile, which make an impressive contribution at 1.4 percent). [6] The colors change focus so that instead of highlighting countries, it now changes to focus on what sources are renewable (green) versus non-renewable (grey). [7] While China led the way, other countries saw a drop in renewables investment. [6]

Investors worldwide plowed a record $161 billion into solar energy last year, more than half the investment in all renewables apart from large hydroelectric projects, according to a report jointly published by the United Nations and Bloomberg New Energy Finance. [6] That is according to the International Energy Agency?s (IEA) Renewables 2017 report, which says sharp cost reductions and improved policy support are paving the way for continued growth in the renewables sector. [6] Morocco is liberalizing its renewables sector, including by increasing the minimum threshold for hydro-power plants from 12 MWs to 30 MWs and by establishing the Moroccan Agency for Solar Energy to carry out programs for solar energy generation for up to 2,000 MWs. [9]

“The nuclear and coal-fired generation facilities are legacies of an extinct age,” California Public Utilities Commission officials wrote in comments filed in November with the Federal Energy Regulatory Commission. [6] SAVE S.p.A is working to reduce its environmental impact by adopting sustainable technologies and investing in energy efficiency. [10] That’s because California has to keep natural gas running to supply energy on cloudy days and at night. [13] Correction : An earlier version of this article misstated the proportion of solar power?s share of worldwide energy consumption. [6] Another is Australia?s states are empowered to set their own energy policies. [14] The state has mandated that California utilities install energy storage. [13]

In California, utilities use solar, wind and other renewable sources for 30 percent of the power they sold in 2017, and that percentage is set to grow to one-half of all power sold in the state, by 2030. [6] A Chiba prefectural official said solar plants were part of the central government?s drive to promote renewables. [6] Proposed new net generating capacity (i.e., additions minus retirements) by renewables over the next three years totals 148,281 MW or 70.1% of the total (211,621 MW). [6] Total investment in renewables rose 2 percent to $280 billion. [6] The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear and solar power attracted far more investment, at $160.8 billion, up 18 per cent, than any other technology. [6]

In electricity generation, new renewables still have a long way to go.” [6] Levelised cost of electricity, by renewable technology, 2007-2017, $ per megawatt hour. [6] Renewables grew most significantly in 2017 where the demand for electricity also grew. [6] The current level of electricity generated by renewables corresponds to about 1.8 gigatonnes of carbon dioxide emissions avoided – roughly equivalent to those produced by the entire U.S. transport system. [6] When subtracting the 11.8GW of utility-scale fossil retirements tracked by the EIA, the net new volume of U.S. generation was 16.7GW of generating capacity, with 94.7% of that coming from renewables. [6] The first quarter of this year resulted in almost exclusively new renewable capacity. [6] FERC’s most recent EIU showed that in the first three months of this year, renewables comprised nearly 95% of new power-generating capacity. [6] In the years that followed, California lawmakers got even more ambitious, requiring 33 percent renewables by 2020 and 50 percent by 2030. [13] Overall, China was by far the world?s largest investing country in renewables, at a record USD 126.6 billion, up 31 percent from 2016. [6] Careful protectionism or liberalisation of the renewables sector?–?according to each country?s requirements?–?is necessary so as not to harm sector growth in the long run. [6]

Driven by their own concerns of corporate governance as well as the proven economic viability of renewable resources, funders are proving less inclined to finance coal-fired power stations. [9]

As the cost of renewable power falls, the scope of economically viable applications increases. [2] Neither “grid parity? nor LCOE for a renewable source are universal concepts. [1] Biomass and biofuels consume large amounts of water. 200 Other renewable sources such as wind power, photovoltaics, and hydroelectricity have the advantage of being able to conserve water, lower pollution and reduce CO 2 emissions. [2]

A total of 42.4 percent of all energy used originated from renewable sources, which includes wind, solar, and combined-cycle plant power. [16] Energy efficiency reduces greenhouse gas (GHG) emissions in three distinct ways: It reduces the need for future fossil fuel extraction and processing by lowering energy demand, enables the deployment of renewable-energy systems by lowering demand and making renewables more affordable, and is the most cost-effective strategy for reducing current GHG emissions–because efficiency has zero emissions. [21] One of those utilities, Consumers Energy, filed plans with Michigan regulators last week to far exceed that goal and get 37 percent of its energy from renewables by the end of next decade ( Energywire, June 14). [19] The new changes mean Illinois is on track to have renewables account for 25 percent of its overall energy by 2025. [19] “We’ve made significant investments to comply with the renewable and energy efficiency standards that are in place and have run very successful programs for our customers.” [19] The dispersion of jobs throughout the state reveals that “renewable energy development offers job creation and economic development everywhere and is a non-partisan issue,” he said. [19]

Although total global electricity consumption approached 21,000 terawatt-hours in 2016 (one terawatt one trillion watts), energy experts speculate that fully built-out tidal power systems could supply much of this demand in the future. [23] This table compares the U.S. average levelized electricity cost in dollars per kilowatt-hour for both non-renewable and alternative fuels in new power plants, based on U.S. EIA statistics and analysis from Annual Energy Outlook 2018. [22] There are three countries with a significant decline in oil use in recent years: Italy (39 percent), Japan (32 percent) and Spain (14 percent)–a combination of a maturing energy market, fuel switching (outside transport), efficiency gains in transportation, and slow economic growth. [17] Energy supply routes, and infrastructure such as fuel pipelines and power transmission lines, are thus subject to risk in terms of the physical security of energy supplies and potential political pressure from energy-supplying countries. [21] Using a data series that includes 79 countries, energy consumption peaked before 2007 in 29 countries, accounting for 37 percent of global demand in 2017. [17]

High-efficiency lighting and other technologies can reduce energy demand, enabling smaller solar-powered micro-grids and battery-based distributed solar systems to affordably provide critical energy services to populations that might otherwise go unserved by the traditional electricity grid. [21]

For instance, Apple Stores that are powered by municipal power grids cannot reliably use clean energy because once electricity enters the grid, you can no longer determine its source or cleanliness. [6] Adib said China is investing in a holistic approach toward renewables by paying for the infrastructure that allows clean energy to integrate into the grid, and setting up incentives for high energy-consuming industries to locate facilities in regions with proximate clean energy. [6] China is by far the biggest investor in renewables, according to a 2017 report by the International Energy Agency. [6]

The cost of a new GW, averaged across all renewable technologies, has halved in six years. [6] “We can also do more to make investments in different types of renewable generation technologies that actually do generate during the nighttime. [13] The results for 2017 were record-breaking – investment in renewable generation was three times higher than investment in fossil fuels. [6] In 2011, when investment levels were roughly the same as in 2017, the world installed 82GW of new renewable capacity, excluding large hydro. [6] Market forces are replacing the oldest and most costly utility scale thermal plants with gas-fired and renewables capacity in greater numbers. [6] Basically, the new solar power is diluting the renewables capacity factor down because on average and in reality it’s worth about a fifth of the nameplate power. [6] The utility-scale renewable volume in 2016 was 35% higher than in 2017. 2016 was a record year for utility-scale solar power installations. [6]

Labor controlled Queensland says its on track to meet its official renewable target of 50 percent by 2030. [14] One big reason is Labor?s “Climate Change Action Plan,” calling for 50 percent renewables by 2030. [14]

It is historically the largest emitter of greenhouse gases, though, and its investments in renewables went down slightly in 2017, according to the report, to $40.5 billion. [6] China, Australia and Sweden saw the largest increase in investment, which declined for markets that have historically led the way for renewables. [6] The report found that China invested the largest amount of money in renewables last year, at $126.6 billion. [6]

In California, Pacific Gas & Electric plans to shut down the Diablo Canyon nuclear plant in 2025, due in large part to the plant?s high costs compared to renewables and natural gas plants. [6] Policy & regulation are aligning with renewables cost declines to make projects more profitable and portfolios more sustainable. [6]

JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.6 trillion, committed to going 100% renewable by 2020. [10] Renewables accounted for 17.6% of total electrical generation in 2017, compared to 15.3% in 2016. [6] Despite absolute growth in production, hydropower's share is, however, declining as other renewable technologies grow. [6] With much of the buildout in renewables coming from state government incentives that far supersede any efforts at the Federal level, renewables are in a position to self-sustain growth over the next decade. [6] The Trump administration is not likely to stop the growth of the renewables market in the U.S. The tax incentives rolled out during the Obama administration have served their purpose and the lion is now out of its cage. [6]

“We need to seize the moment, build on recent progress and lean into a future powered by clean, renewable energy.” [11] At the end of 2017, all renewables (including hydropower) accounted for more 20% of the nation’s installed generating capacity — up from 15.4% in 2012. [6] Cheaper renewables means the world was able to install a record 157GW of new capacity in 2017, excluding large hydro. [6]

China is now the largest single investor in renewable technologies, investing approximately the same as the United States, Europe and India combined. [6] Overall, China was by far the world’s largest investing country in renewables, at a record $126.6 billion, up 31 per cent on 2016. [6] The rise of renewables is driving down demand for coal in the U.S., China and globally. [6]

In 2016, the company completed the largest installation of solar PV at a UK shopping centre. 98% of the electricity used to light and power all of British Land’s shopping destinations and office campuses currently comes from guaranteed renewable sources. [10] Eighteen percent of all electricity in the United States was produced by renewable sources in 2017, including solar, wind, and hydroelectric dams. [6]

Perhaps surprisingly, the United States is the second-largest growth market for renewables. [6] “Investments in renewables bring more people into the economy, they deliver more jobs, better quality jobs and better paid jobs,” he added. [6] Based on current policies, the renewable share is expected to reach just 21% by 2030, with modern renewables growing to 15%, falling short of the substantial increase demanded by the SDG7 target. [6] The switch to renewables is helping the company to work to sustantially reduce its carbon emissions. [10] Technology Will Be Key: Advances in technology are a main driver behind cost decreases for renewables. [6] “The easy part is bringing renewables onto the grid,” she says. [13] Wind power also drove the uptake of renewables with 52 GW added globally. [6] Date: April 5, 2018 Source: UN Environment Summary: Solar energy dominated global investment in new power generation like never before in 2017. [6]

In Japan, Apple is partnering with local solar company Daini Denryoku to install over 300 rooftop solar systems that will generate 18,000 megawatt-hours of clean energy every year — enough to power more than 3,000 Japanese homes. [6] Globally, solar, wind and other renewable power development is likely to more than double from 2017 through 2022, to 1,174 gigawatts of capacity, compared to the previous five years, according to an October forecast by the International Energy Agency (IEA). [6] This target has been achieved four years ahead of its deadline with India surpassing 20 GW of installed solar capacity in January 2018. 34 31 35 36 37 In January 2015, Indian Prime Minister Narendra Modi announced an initiative to increase the solar capacity to 100 GW 38 and total renewable power capacity to 175 gigawatts (GW) by 2022. [6]

The company has set a goal to power all its operations with 100% renewable electricity, and an interim target to increase fourfold the renewable/carbon-neutral share of its electricity use by 2030 (2015 baseline). [10] Based in Japan, the company has a target to power 100% of its global operations with renewable electricity by 2050, and 50% by 2030. [10]

Based in the U.S., the company has a short-term goal to source 30% of its electricity from renewables by 2020 with a long-term goal to power its plants with 100% renewable electricity by 2030. [10] Interface, Inc. is a global modular flooring manufacturer headquartered in the U.S. The company achieved its goal of sourcing 100% renewable electricity across its global operations in 2016 – four years ahead of schedule. [10] AEON joins RE100 with a target of sourcing 100% renewable electricity to power its global business operations by 2050. [10] The company has joined RE100 with a target to source 100% renewable electricity for its global operations by 2050. [10] The company will power its operations with 100% renewable electricity by 2025, with an interim target of 80% by 2020. [10]

Technologies considered clean power include solar, wind, geothermal, biomass, small hydropower and renewable gas projects as well as wave, ocean current and waste conversion energy projects. [39] Committed to delivering clean, safe, reliable and affordable energy at rates below the national average, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. [24]

Apple also invests in wind, solar, and other clean energy facilities around the globe, builds its own energy sources, and ensures that any new offices and plants it constructs do actually run on 100 percent clean energy, like the newly opened Apple Park campus. [6] Experts like the International Energy Agency predict that by 2050, solar power could grow enough to supply up to 16% of global electricity demand and become the world’s largest single source of electricity. [6] Actual output from clean energy sources accounted for just 12 percent of electricity production, illustrating the gap that needs to be bridged before clean energy can overtake fossil fuels. [6]

The global power sector had a banner year, while clean energy gains in transportation, heating and cooling remain minimal. [6] Update April 9th, 4:17PM ET: Clarified that Apple, like Google, is not actually 100 percent powered by clean energy, but it uses the term to signal that it buys enough green energy to offset its global power consumption. [6]

The global solar energy market has enjoyed growth at an exceptional rate over the recent years, facilitated by the rising solar power output from world?s top solar energy producing countries. [6] While the global solar energy market continues to surge, the world?s top solar energy producing countries, including China, Japan, Germany and the USA are expected to maintain their leadership in global solar energy capacity in the future. [6]

The Power BI report shows the production potential by various countries if all facilities were operating at their maximum capacity. [7]

For solar, UNDP/BNEF found, China was a big piece of 2017’s progress, “?with some 53GW installed (more than the whole world market as recently as 2014), and solar investment of $86.5 billion, up 58%” Solar investment, though, grew in both developed (17%) and developing (41%) countries. [6]

Solar accounted for a record 1.9% of electricity generation last year –almost double the percentage in 2015. [6] Smaller, micro-hydro projects and other regional and local renewable power generation projects–including wind, solar and geothermal–present alternatives that may become more prominent in African power generation planning in the future. [9] Renewable power generation (blue) and capacity (green) as a share of the global total, 2007-2017, %. [6] New Delhi : Renewable power accounted for 70 percent of net additions to global power generating capacity in 2017, the largest such increase in modern history, a report said on Monday. [6] The world added a record 138.5 gigawatts of renewable power capacity in 2016 despite a 23 percent drop in investment, reflecting the falling cost of clean energy, the UN announced Thursday. [6] The use of local mini-grids run on solar power is “a big part of the push, with 60 percent of new connections expected to be to renewable power”, according to a report by the International Energy Agency. 46 The government provides subsidy of up to 90% of the upfront capital cost to install solar-powered water pumping systems for irrigation and drinking water. [6]

Though costly to implement, solar energy offers a clean, renewable source of power. [38]

Landsec is the largest commercial property development and investment company in the UK. The business is committed to purchasing 100% of its electricity from renewable sources as part of its ambition to be a sustainability leader, recognising the need to transition to a low carbon economy. [10] Philips is committed to carbon neutrality for its global operations by 2020, which includes purchasing 100% of our electricity from renewable sources. [10] Vodafone has joined RE100 with a target to source 100% renewable electricity for all its global operations by 2025. [10] M&S is committed to sourcing 100% renewable electricity across its global operations and achieved this target in 2016, four years ahead of schedule. [10] The company has set a target to achieve 100% renewable electricity for its entire global operations by 2040. [10] The company has committed to power all of its operations with 100% renewable electricity by 2020. [10]

Crédit Agricole Group has set a goal to use 100% renewable electricity in its global operations by the end of 2016. [10] Now, Diageo is increasing its commitment to renewable electricity, and has committed to powering its global operations with 100% renewable electricity by 2030, with an interim target of 50% by 2020 – setting a positive example to its supply chains. [10] AB InBev has committed to transitioning its global operations to 100% renewable electricity and set a target to secure 100% of the company’s purchased electricity from renewable sources by 2025. [10]

Schroders is committed to targeting 100% global electricity from renewable sources by 2025. [10]

Globally, solar, wind and other renewable power development is likely to more than double from 2017 through 2022, to 1,174 gigawatts. [6] Autodesk is an American multinational software corporation that achieved its goal to source 100% renewable power in 2016 – four years ahead of schedule. [10] AstraZeneca has a goal to source 100% renewable electricity globally by 2025, with an interim target of 100% in Europe and the U.S. by 2020. [10] The company is committed to an ambitious climate action agenda and has set a target to source 100% renewable electricity by 2025. [10] The company has purchased an amount of renewable electricity that is equivalent to 100% of its global consumption since 2008, and is now planning to supplement with on-site and off-site generation. [10] Danone is a leading global food company targeting 100% renewable electricity by 2030, with an interim goal of 50% by 2020. [10] Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. In April 2018, Apple achieved 100% renewable electricity powering its global facilities across 43 countries. [10]

The data is regularly compiled by the World Resources Institute and consists of over 28,600 power plants and production facilities from 164 countries. [7] In May this year, India became home to the International Solar Alliance, a Gurugram-based non-profit treaty-based group of 121 countries promoting the use of solar energy. [6] Despite the drawbacks, solar energy use has surged at about 20 percent a year over the past 15 years, thanks to rapidly falling prices and gains in efficiency. [38] The company?s last milestone, announced two years ago, was 93 percent of its worldwide operations running on clean energy. [6] The company also announced nine additional manufacturing partners have committed to power all of their Apple production with 100 percent clean energy, bringing the total number of supplier commitments to 23. [6]

More than two-thirds of that was for 53 gigawatts of solar energy, enough capacity to power more than 38 million homes. [6] Solar is once again the darling of clean energy capacity additions. [6]

China has been leading the way in the global solar energy sector over the past ten years. [6] A total 75 GW of new installations were added to the global solar energy capacity in 2016. [6] As the global solar power capacity continues to grow, the size of the global solar energy market is also surging. [6]

BP, like Exxon Mobil?s Energy Outlook and EIA?s International Energy Outlook, expects the world to continue to consume oil and natural gas, which are expected to supply over 50 percent of the global market in 2040. [6]

The potential of wind energy in Spain was discovered after one specific, particularly windy day in November 2011, when 59 percent of the nation?s power was produced by wind energy. [16] An additional 21 states reduced over 1,000 tons of pollutants by introducing efficiency measures that cut the amount of energy that power plants had to produce to meet demand. [21] Energy efficiency can be applied to all major sectors that contribute to CO 2 emissions, including power plant operation, industry, transportation, and buildings. [21] It is obviously easier to build a few large power plants or to connect some big users to a new energy source using proven technology than it is to shift to a completely new paradigm. [17] Many tidal power technologies are not available at an industrial scale, and thus tidal energy contributes a negligible fraction of global energy today. [23]

“The marketplace has changed to the point that there are many alternatives in natural gas, solar, wind and energy efficiency, which are economically competitive,” said Andy Olsen, senior policy advocate with the Environmental Law & Policy Center, a renewable-energy advocacy group based in Chicago. [19] MidAmerican?s energy savings would drop as well: their gas efficiency plan would save 80 percent less than 2017 and their electricity plan will save nearly 50 percent less, according to calculations made by the Iowa Environmental Council. [19] None of this compares to the United Kingdom: gas was 1 percent of residential energy use in 1969 but 50 percent 10 years later. 11 All this to say that change does not only happen in stationary uses with big consumers. [17] In other countries, the decline in energy has overlapped with meager growth, although the magnitudes are different: in Italy, energy use is down 17 percent against a 2 percent decline in GDP; in Spain, energy is down 12 percent, while GDP is up 3 percent; in Japan, GDP has risen 8.5 percent while energy use has fallen by 14 percent. [17] The fifth, with Russia as a case study and typical in the former communist countries, shows GDP having sharper swings in GDP than energy use: relative to 1998, GDP has doubled, but energy use has increased by just 20 percent. [17] When countries invest in efficiency first, they forestall the need for more expensive supply investments, which keeps future energy prices lower. [21] Most developing countries need to increase energy supply to substantially improve access, and many USAID programs support new generation. [21]

Most of the countries that have achieved a sizeable decline in energy demand are the former communist states, and that success is largely the legacy of inefficient energy use previously. [17] Many other countries have lowered the carbon intensity of their energy use by ~0.75 ton per toe over 20 years or so. [17] Efficiency measures reduce energy consumption, lowering demand for energy and fuel imports from other countries. [21]

Investing in energy efficiency is up to five times cheaper than investing in new power generation. [21] The total energy contained in tides worldwide is 3,000 gigawatts (GW; billion watts ), though estimates of how much of that energy is available for power generation by tidal barrages are between 120 and 400 GW, depending on the location and the potential for conversion. [23] Over the past decade, Spain has increased its renewable power by 53 percent which includes the generation of 61,925 gigawatts per hour of wind energy in 2017 (24.3% of the total year-average power usage, 252,755 GWh). [16] This renewable source was wind power, and provided 20.9 percent of the country?s energy needs of that year. [16]

China added 9.46 GW of installed wind power capacity for the first seven months of this year, up by 23 percent from the same period of last year, according to the latest statistics from China’s National Energy Administration (NEA). [15] Between 2001 and 2017, the United Kingdom reduced its energy use by 20 percent (these numbers come from national sources and differ slightly from the data above), to a point at which energy use was at its lowest since the early 1960s. 3 During that same timeframe, GDP grew by 31 percent and population by 11 percent (plus 6.8 million people). [17] The economists often use so-called levelized energy costs (or levelized cost of electricity, LCOE) when comparing different technologies. [22] According to the U.S. Energy Information Administration (EIA), the cost of saving electricity through utility rebate programs in the United States in 2017 was estimated at $0.02/kWh. [21]

CWLP, the Prairie State Energy Campus in southwest Illinois and a Southern Illinois Power Cooperative plant near Marion are the only remaining in-state customers for Illinois coal. [19] In Michigan, DTE Energy wants to shut down three coal-burning power plants and replace them with a billion dollar natural gas plant. [19]

Initiatives to provide energy to rural areas through off-grid power can also benefit from incorporating energy efficiency. [21] For consumers, energy efficiency lowers utility bills for homes and other buildings by reducing the amount of power needed. [21]

According to Andy Olsen, senior policy advocate of the Madison, Wisconsin-based Environmental Law and Policy Center, significant advances have been made in rural wind and solar power in the last decade, and the growth of these energy sources is helping rural America. [19] To do this, energy demand growth must slow down on a global basis (and decline in some regions), and our fuel mix must change. [17] Many countries that have managed to grow without consuming more energy have reduced their consumption of specific energy sources and have changed their energy mix in a decade or two. [17] There are countries where energy use and GDP follow different growth rates. [17] When framed in this way, the record is clear: yes, some countries have grown without consuming more energy or even while consuming less; yes, there are countries that have shifted their energy system quickly; and yes, countries have curtailed their fossil fuel use within two decades. [17] The United Kingdom reduced, in 16 years, its energy consumption by as much as the IEA says developed countries must do over 24 years. [17]

Argentina?s reliance on oil fell sharply, from 83 percent of primary energy to 32 percent over 39 years, with an 11 percent drop in oil use. [17] According to the U.S. Energy Information Administration, most electricity-generating systems worldwide (67 percent) use fossil fuels. [21] In Bangladesh, for instance, a 2012 USAID study showed that improved energy efficiency in the jute, food processing, steel re-rolling, and textile industries would lower the country?s energy use by 20 percent (or avoid 9.4 billion kilowatt hours) compared to a business-as-usual scenario. [21] Programs like these tackle the issue on three fronts: Reduce energy demand through low-cost efficiency programs, improve reliability in the near term, and reduce the amount of generation investment needed for long-term sustainable access. [21]

The United Kingdom has faced two coal transitions: from 1987 to 1999 as gas became the preferred fuel for new power generation, and coal use declined by 51 percent; and from 2012 to 2017, coal declined by 77 percent as renewables and gas stepped in to replace it (aided by a decision to place a firm floor on carbon prices). [17] Fossil-based fuels (oil, coal, and natural gas) currently provide about 85% of all the energy use both in U.S. and worldwide. [22] By 2040, according to the IEA?s Sustainable Development Scenario, the carbon intensity of global energy use should fall to 1.3 tons of CO 2 per toe. [17] Energy consumption is connected to income, but the link is loose and variable over time; many countries reach a point where they can reduce energy use and continue to grow economically. [17] It is similarly common for countries with vastly different incomes to use the same amount of energy. [17] Despite continuously rising incomes, energy use has peaked in many countries. [17] The steepest declines have occurred in former communist countries, courtesy of an economic contraction that produced a sharp decline in energy consumption in the 1990s, and then by efficiency gains, as energy prices rose and the old capital stock was replaced by new vehicles, machines, and appliances that consumed less energy. [17] History shows that if we want to meet our energy challenge, all we need to do is replicate at scale what several countries have achieved previously on their own. [17] Countries with similar incomes often consume two, three, four, or five times more energy between them (note the scale is logarithmic). [17] Clearly, as countries develop, they will consume more energy, but there is a lot of variation between countries and over time. [17]

Mostly, it was efficiency: industry used 26 percent less energy per unit of output, and in some industries, the declines were even greater (in the chemicals sector, energy intensity fell by 50 percent in that same timeframe). [17] Under their new proposal, MidAmerican in 2019 would spend less than $43 million on electric energy efficiency programs, a cut nearly in half, and just more than $6 million on gas energy efficiency programs, a drop by more than 85 percent. [19] The growth in Italy was more dramatic: gas was 10 percent of residential energy in 1972, 32 percent in 1982, and 53 percent in 2002. [17] Almost half of the decline in energy use came from industry, whose consumption fell by 35 percent between 2001 and 2017. [17] Industrial production fell by 8 percent in that time, so that partly explains the drop in energy use. [17] Among the key sticking points for environmental advocates is an opt-out provision for so-called mercantile customers, or commercial and industrial customers that use at least 700,000 kilowatt-hours of energy a year. [19] In Ukraine, for instance, USAID?s work with district heating companies led to energy efficiency measures aimed at optimizing natural gas use and improving metering in residential and commercial properties. [21] MidAmerican Energy, the Des Moines-based utility company that serves more than 750,000 customers in Iowa, Illinois, Nebraska and South Dakota, in 2018 spent nearly $80 million on electric energy efficiency programs and nearly $31 million on gas energy efficiency programs. [19] When compared on a per unit basis, energy efficiency also costs less than adding new generation. [21] Energy efficiency plays an important role in increasing access by reducing both demand and cost. [21] The ultimate goal of many energy efficiency programs is to transform the market so that consumers choose energy-efficient products, technologies, and services without the need for incentives or subsidies from the government or utilities. [21] “The governor has been clear regarding the need to work with the General Assembly to craft a bill that supports a diverse mix of reliable, low-cost energy sources while preserving the gains we have made in the state’s economy,” she said. [19]

Water : potential and kinetic energy of flowing water can be tapped to produce electricity or mechanical tasks. [22] Both of Michigan’s large investor-owned utilities this month committed to getting at least 25 percent of their energy from renewable sources by 2030. [19] In France, “coal?s share of the national energy market declined from 78 percent in 1949 to 54 percent in 1960.” [17]

Another example is the autonomous community government of Arag, who authorised 1,778 MW of wind projects that were awarded in the May 2017 energy auction to be installed before the end of 2019. [16] DES MOINES Proposed energy efficiency plans offered by Iowa utility companies would be a shell of what they had been in recent years. [19] “Utilities have had really robust energy efficiency programs for many years in Iowa. [19] “It would allow energy customers who really don?t have the knowledge or the expertise about energy efficiency to make the efficiency investments that they should be making,” Kelter said. [19] The utility companies say the new plans will result in lower bills for customers, which they can use to invest in energy efficiency if and in any way they choose, and that advancements in technology have rendered some programs unnecessary. [19] As shown in the figure, in critical situations where outages are frequent, efficiency can be combined with conservation efforts that encourage consumers to use less energy during peak hours (“peak shaving”) or to move the time of energy use to off-peak times such as during the night and on weekends (“load shifting”). [21] Energy use and the emissions associated with energy generation decreased through the use of newer, energy-efficient refrigerator technology in the market. [21] The transitions here are inflection points–changes in overall energy use or fuel mix. [17] When building owners invest in improved air conditioning equipment, they can benefit from the increased efficiencies of new technology, which means less operating time, lower energy use, and cost savings. [21] Periods of peak demand are dictated by patterns of energy use across a market. [21] Total energy demand is the cumulative amount of energy required to meet a country?s needs over a specific time period. [21]

Despite the high solar energy capacity in China, solar energy production currently only accounts for around 1% of China’s total energy demand. [6] Large-scale independent power producers? enthusiasm for gaining more market share is causing competitive clean energy prices to fall at an unsustainable rate. [6] New communities in these countries could be fully powered by a stable clean energy supply through a combination of generation, storage options and smart grids. [6] The numbers are climbing and the top solar energy producing countries are expected push this industry forward in the coming years. [6] Expect China to remain high on the list of top solar energy producing countries going forward. [6]

Citi is the leading global bank, with approximately 200 million customer accounts and business in more than 160 countries, and a mission to responsibly provide financial services that enable growth and economic progress. [10] The Estée Lauder Companies, a global leader in prestige beauty focused on makeup, skin care, fragrance and hair care with a diverse portfolio of 25+ brands sold in 150 countries, is proud to join RE100 and be a sponsor of Climate Week NYC 2017. [10] General Motors is a global automobile manufacturer that produces vehicles in 30 countries. [10] IHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and expertise, serving more than 50,000 customers in 140+ countries – including leading financial institutions and 85% of the Fortune Global 500. [10] Telefonica S.A. is a global telecommunications provider with 127,000 professionals facilitating communication for 350 million customers in 17 countries worldwide. [10] Wal-Mart Stores, Inc. (NYSE: WMT) is a global retailer operating 11,532 stores under 72 banners in 28 countries and e-commerce websites in 11 countries. [10]

The French company is committed to sourcing 100% renewable electricity across its global operations by 2030 (80% by 2020). [10] TD Bank Group, the first Canadian company to join RE100, has sourced renewable electricity equivalent to 100% of its global operations since 2015. [10] The company has a RE100 commitment to source 100% renewable electricity for of all its operations by 2045. [10]

The company has committed to source 100% of its electricity from renewable sources by 2030, with interim targets of 48% by 2020 and 70% by 2025. [10] BMW is committed to procuring 100% of electricity from renewable sources for its operations and has an interim target to source more than two thirds of its electricity from renewables by 2020. [10] As part of that commitment it has a policy to only purchase the electricity it uses in its buildings from renewable sources, something it first achieved in 2012 and has maintained ever since – making it 100% renewable. [10]

The group has set a RE100 goal to obtain 100% of its power from renewable sources by 2020. [10] This distinction is not part of the original dataset, so the categories for Renewable Source and Non-renewable Source were added using Power BI’s “Groups” functionality. [7]

Investment in new renewable power capacity was more than twice that of net, new fossil fuel and nuclear power capacity combined, despite large, ongoing subsidies for fossil fuel generation. [6] The U.S. still came in second to China on total renewable power capacity, but its 161 gigawatts of capacity is less than half of China’s 334 gigawatts. [6] In total $279.8 billion was invested in renewables excluding large hydro and a record 157 gigawatts of renewable power were commissioned last year, up from 143 gigawatts in 2016 and far out-stripping the net 70 gigawatts of fossil-fuel generating capacity added (after adjusting for the closure of some existing plants) over the same period. [6]

In 2017, Capital One reached its goal of achieving 100% renewable electricity across its global operations. [10] The bank has set an interim goal of transferring its Singapore operations to 100% renewable electricity by 2030, and aims to subsequently extend this to its global operations. [10] With a diverse business portfolio spanning music, pictures and interactive entertainment to customers worldwide, Sony has set a goal to achieve 100% renewable electricity for its global operations by 2040, with an interim goal of 30% by 2030. [10] Decathlon joins RE100 with a target to achieve 100% renewable electricity for its global operations by 2026. [10] RBS has committed to achieving 100% renewable electricity across its global operations by 2025, with an interim target of 90% by 2020. [10] Rackspace, Inc. is a managed cloud company based in the U.S. The company has committed to 100% renewable electricity throughout its entire operations and joins RE100 with a target to achieve this by 2026. [10] Adobe is a multinational software company based in the U.S. The company is committed to powering its operations and the digital delivery of its products entirely with renewable electricity by 2035 as one of five ambitious goals that will contribute to a low-carbon, sustainable future. [10] The company achieved its interim goal of sourcing 50% renewable electricity (against a 2015 baseline) in 2016, a year ahead of schedule. [10] Lyft is the fastest growing rideshare company in the U.S. The company achieved its goal of covering 100% of its operations’ electricity consumption, including electric vehicle charging, with renewable electricity in Q4 of 2018. [10] Having already achieved 20% renewable electricity through contracts with local utilities in Europe and the U.S. that are bringing more renewables to local grids, the company has an interim target for reaching 40% by 2020. [10]

It has a target to source 100% renewable electricity by 2022. [10] Jonan Shinkin Bank ha s set a target to source 100% renewable electricity by 2050. [10] To help deliver on this, Heathrow will source 100% renewable electricity from April 2017, with an increasing proportion from on-site generation. [10] Envipro Holdings has committed to source 100% renewable electricity for all its operations by 2050. [10] VMware, Inc. is committed to powering its global operations with 100% renewable electricity. [10] Corbion aims to power its global operations with 100% renewable power – reaching at least 50% of this goal by 2020. [10] Irish building materials company Kingspan aims to run its 80+ global manufacturing facilities on 100% renewable power on an aggregated basis over its estate by 2020. [10]

The company is committed to procure 100% of its electricity from renewable sources in the shortest practical timescale possible and as financially feasible. [10] The levelized cost of electricity (LCOE) for renewable sources of energy?–?that is, the unit-cost of electricity over the lifetime of a generating asset?–?is plummeting. [6] Swiss Post is opting for technologies based on renewable energies and since 2008, it has obtained 100% of its electricity from renewable sources. [10]

New wind power additions will add nearly as much power as new natural gas plants, and it?s likely within a few years nearly all new power will come from renewable sources. [6] The company is committed to sourcing 100% of its electricity from renewable sources by 2030 – to include over 50% from PPAs and on-site generation – and has an interim milestone to source 65% renewable electricity by 2020. [10] The discrepancy between the 20% installed capacity and 17.6% of generation is attributable to the intermittency of renewable sources. [6] Last year, the country added more power-generation capacity from renewable sources than conventional ones. [6]

It requires that each country determine, plan and regularly report on the contribution that it will make to mitigate global warming. [9] Now the country is tackling a far larger issue for its bicentennial in 2021: global climate change. [12]

Both solar and wind power have undergone an annual average percentage drop in cost of production in the mid to high teens. [6] While the United States has a high capacity for each non-renewable source, each source accounts for a small percentage of the U.S. production mix. [7]

Wind and solar power are booming in the United States — and around the world — thanks to low prices, technology improvements, government policies that favor clean energy and energy security and growing demand from businesses, consumers and local governments. [6] In 2017, Chinese investment across all clean energy technologies stood at an all-time high of $132.6 billion, but it has dropped so far this year. [6] The clean energy bill requires NJBPU to submit a report on energy storage in one year to the Governor and Legislature and sets goals of 600 MW of energy storage by 2021 and 2,000 MW by 2030. [11] Investments into clean energy in India rose 22% in the first half of 2018 compared to the same period last year, while investments by China fell 15% during the period, according to a report by Bloomberg New Energy Finance (NEF). [6]

According to a report published by Global Market Insights, the global solar energy market size was valued at over USD 65 billion in 2015 and is expected to exceed USD 140 billion by 2023. [6] Cupertino, California — As part of its commitment to combat climate change and create a healthier environment, Apple today announced its global facilities are powered with 100 percent clean energy. [6] Apple is working toward making sure that every single retail store, office, data center, and manufacturing facility worldwide, in all 43 countries it operates in, run on 100 percent clean energy. [6]

An unprecedented drop in the cost of producing clean energy has occurred in the last couple of years. [6] Much of the investment in the developing and emerging category was led by China, which, it’s safe to say, is neither developing nor emerging when it comes to clean energy. [6] It’s one that California policymakers will have to figure out how to dissolve, if the state wants to reach its clean energy targets. [13] “This should be a wake-up call as the state initiates the state Energy Master Plan that we will need to take bold policy steps to reassert New Jersey as a national clean energy leader. [11]

CleanTechnica is the #1 cleantech-focused news & analysis website in the U.S. & the world, focusing primarily on electric cars, solar energy, wind energy, & energy storage. [6] The extra solar energy could be stored in large batteries or other energy storage technologies, or it could be shared with neighboring states. [13] In 2017, solar energy attracted $160.8 billion in investment in 2017, an 18% increase over 2016. [6]

Source: EIA, International Energy Outlook 2018 Republished July 30, 2018, to correct unit from trillion to billion persons. [6]

The company is aiming to source 100% renewable power by 2019. [10] Headquartered in Denmark, Novo Nordisk has set a RE100 target to source 100% renewable power at all production sites by 2020. [10] It is now also working to engage its supply chain and source renewable power more directly. [10] All told, 157 gigawatts of renewable power came online in 2017, more than double the 70 gigawatts generated from new fossil fuel sources. [6]

As part of its ongoing corporate sustainability commitment, IHS Markit has joined RE100 and pledged to source 100% renewable electricity by 2020. [10] To help deliver on this, the company is committed to using 100% renewable electricity across all its operations and this target was reached in 2016. [10] The company has a goal to become 100% powered by renewable electricity across all its operations and is working to set a pathway to achieve this. [10] Tetra Pak is a Swedish food processing and packaging company committed to powering its operations with 100% renewable electricity by 2030, with an interim goal to reach 80% by 2020. [10] The business is working to increase the amount of renewable electricity it purchases for its operations globally, and has a RE100 goal to procure 100% of its electricity from renewable sources by 2025. [10] Its new science-based climate change targets (own operations) are modelled on a 1.5 degree trajectory, requiring continuing efficiency improvements and renewable electricity. [10] It achieved its target to use 100% renewable electricity in 2016. [10] Recognising the business risks associated with climate change, Swiss Re is motivated to drive a low carbon economy and has a goal to use 100% renewable electricity by 2020. [10] Wells Fargo has set a goal to go 100% renewable by 2017, with a transition to long-term agreements that directly fund new renewable electricity projects by 2020. [10] The company is committed to sourcing 100% renewable electricity by 2030, with an interim goal of 80% by 2025. [10] The company has already met its RE100 goal of sourcing 100% renewable electricity. [10] The company has already reached its RE100 goal of powering all facilities and data centers by 100% renewable electricity in 2014.? [10] The company has set a goal to achieve 100% renewable electricity by 2018. [10] The company is committed to sourcing 100% renewable electricity by 2030, with an interim goal of 15-20% by 2020. [10] The company joins RE100 with a target of achieving 100% renewable electricity by 2023 and 50% by 2020. [10] Head-quartered in Spain, the company is committed to sourcing 100% renewable electricity globally by 2030, with an interim target of 50% by 2020. [10]

Around 98% of all the electricity consumed by CaixaBank is already from renewable sources. [10] The latest edition of this annual report outlines the latest developments, signs and signals in the financing of renewable power and fuels. [6] Last year, a record 157 gigawatts of renewable power was commissioned, more than the 143 gigawatts of power in 2016, as well as more than the 70 gigawatts of fossil-fuel generating capacity added over the same period. [6] The company is committed to sourcing 100% renewable power by 2040, with an interim target of 50% by 2030. [10] AXA is a French insurance company targeting 100% renewable electricity by 2025. [10] Kellogg, a leading maker of breakfast cereals and snacks, has joined RE100 with a goal to achieve 100% renewable electricity by 2050, aligned with its commitment to reduce its direct greenhouse gas emissions by 65%. [10] Vaisala has a RE100 goal to become 100% powered by renewable electricity by 2020. [10] As part of its commitment to grow its business responsibly, it has set a goal to become carbon neutral and purchase 100% renewable electricity by 2020. [10] BT has put sustainability at the heart of its business, and its 2020 goals include ambitions to procure 100% renewable electricity globally. [10] It has a goal of becoming carbon neutral and sourcing 100% renewable electricity by 2018. [10] Google is committed to sourcing 100% renewable electricity and is on course to reach this goal in 2017. [10] The bank is targeting 100% renewable electricity by 2030, with an interim goal of 90% by 2025. [10] L’OCCITANE is transitioning to 100% renewable electricity globally, with an interim goal of 80% by 2020. [10] Watami Co., Ltd. has a goal of achieving 100% renewable electricity by 2040; 50% by 2035. [10]

The Group is on a zero carbon trajectory, and since 2012 has procured 100% renewable electricity for all of its managed areas and construction projects. [10] The Carlsberg Group, headquartered in Denmark and one of the world’s biggest brewers, is switching to 100% renewable electricity at its breweries by 2022, as a step towards its target to become carbon neutral in 2030. [10] Amalgamated Bank, as part of its commitment to values based banking, has joined RE100 with a target to be 100% powered by renewable electricity by 2017, as well as calling on the rest of the industry to follow its lead and take significant steps to proactively address climate risk and reduce carbon pollution. [10] It already purchases renewable electricity certificates equivalent to 100% of the business’ electricity consumption, and joins RE100 with a target to be powered by local renewable electricity certificates by 2020. [10]

“It is expected that by 2040 the production of renewable electricity will be able to guarantee, in a cost-effective way, the total annual electricity consumption of Mainland Portugal,” APREN writes. [6] As the first financial institution to join RE100 in Japan, Jonan Shinkin Bank will focus on advocating for renewable electricity in the financial sector. [10]

Although excellent results were achieved in 2017, the report also concludes that even faster growth is possible, and three areas have been especially challenging for renewable sources: heating, cooling and transportation. [6] REN21 is a network of over 900 industry experts from many parts of the world, and 400 of them were actively involved in writing the 2018 report on renewable sources. [6]

Etsy is committed to powering its operations with 100% renewable electricity by 2020. [10] Signify has made a commitment to powering 100% of its operations with renewable electricity by 2020. [10]

The P&G community includes operations in approximately 70 countries worldwide. [10] BROAD Group is a Chinese developer of air conditioning units, combined cooling-heating-power projects, fresh air systems, and factory-made sustainable buildings, with products in more than 80 countries. [10] The IKEA Group is a home furnishing company with 336 stores in 28 countries. [10] As one of the world’s leading communications services companies, BT serves the needs of customers in the UK and in more than 170 countries worldwide. [10] Strategic siting and regional grid interconnections key to low-carbon futures in African countries. [9]

The state had a stronger record on electric vehicle growth, with 6,219 electric vehicles sold through 2017, which ranked us as 10th in the country. [11] To help with that, the Country slicer at the top right allows viewers to easily filter down to an individual country’s capacity. [7] California has some hurdles to overcome in meeting the most ambitious clean energy goal in the country. [13] China’s dominance and aggressive clean energy growth is a theme threaded throughout the report. [6] The next steps in clean energy will be a bit tougher than what the state has done so far, says Laura Wisland, who works on energy policy for the Union of Concerned Scientists. [13] The Energy Master Plan is the perfect moment to acknowledge the inertia of the Christie era and the need to jumpstart New Jersey?s clean energy economy.” [11] We?ve falling behind in the Christie era, and we need to grab these opportunities to protect our health and our environment by taking clean energy to the next level.” [11]

EIA?s International Energy Outlook 2018 (IEO2018) focuses on how different drivers of macroeconomic growth may affect international energy markets in three heavily populated and high economic growth regions of the world: China, India, and Africa. [6] That’s because solar energy has fundamentally shifted the way the state’s electric grid is run. [13]

While still retaining the orange and blue colors for China and the U.S. respectively, viewers will immediately notice that neither country appears at the top of any particular multiple. [7] The company aims to switch the remaining 2% to renewable power by 2019. [10] Clif Bar & Company is an American maker of organic foods and drinks, committed to 100% renewable power. [10]

Around the world, 157 GW of renewable power was commissioned last year. [6]

Recent data shows that in the first half of 2018, 45.8 percent of electricity in Spain came from renewable resources, of which the majority is generated by wind power. [16] Kearney says if a fancy computer program is told to maximize renewables, and maximize programs that reduce demand for electricity, the two combined beat out the natural gas plant. [19]

If manufacturing plants ramp up production in the early afternoon at the same time that commercial buildings begin using significant amounts of energy for air conditioning, the result will likely be a period of peak demand. [21] Either way, the change has been dramatic in all cases, whether there was a central push towards a different energy source or whether market realities made it inevitable. [17] The point is not that energy systems frequently change, only that they can, and that once newer sources of energy become competitive, the transition can be dramatic. [17] All these factors, coupled with the government incentives and mandates, result in growing interest in using alternative sources of energy. [22]

Past global energy transitions have taken a long time–so we might conclude that the challenge we face is historically unprecedented and will require historically unprecedented action. [17] The decline in energy consumption relative to the peak was significant–ranging from almost 70 percent in Ukraine to 11 percent in Germany. [17] The substitute version of H.B. 114 would lower energy savings benchmarks of 2 percent starting in 2021 to 1.5 percent and reduce cumulative savings to 17.2 percent from the 22.2 percent in the existing law. [19] If a factory installs efficient motors that require 35 percent less energy to produce the same number of products, the business has increased its productivity and is saving money. [21]

In the services sector, there was a similar move with reduced energy use in public administration, commercial services, and agriculture. [17] Adoption of energy efficiency measures across residential, commercial, industrial, transportation, and agriculture sectors can reduce this risk. [21] In the U.S., states that have had to take action to comply with federal air quality standards have successfully increased energy efficiency to reduce air pollution. [21] In 2018, the American Council for an Energy-Efficient Economy (ACEEE) reported that 11 states used energy efficiency to avoid more than 2,500 tons of emissions. [21]

An example of a market transformation is Ghana?s Refrigerator Energy Efficiency Project. [21] Energy efficiency promotes economic prosperity through lower costs and the same or better productivity. [21] Customers were expected to be unfamiliar with energy efficiency, skeptical of the cost savings from operating the new refrigerators, and unlikely to pay the higher purchase price. [21] Under the proposal in the Senate substitute bill, a wide range of commercial customers would be allowed to opt out of paying into efficiency and peak demand reduction programs, including smaller businesses that still rely on utilities to help them identify energy savings opportunities, she said. [19] Energy efficiency has wide-reaching benefits that go beyond reducing the demand for energy. [21] Energy efficiency programs are often put in place as part of a demand-side management (DSM) strategy to reduce overall energy demand, especially during peak hours. [21]

The growth in energy demand must slow, and the carbon emitted from that energy must decline. [17]

Another provision would allow utilities to carry over energy savings from one year to the next for the purpose of earning financial incentives. [19] Small wind turbines can be installed on the roofs of houses and can provide energy for a household. [16] If we define an energy transition more narrowly, as a roughly 10-percentage point drop in market share coupled with a double-digit decline in fuel consumption, we have fewer examples but still enough (shown in the accompanying table). [17] Energy efficiency consistently accounted for the greatest share of emission reductions. [21] Energy efficiency strategies are more sustainable, and therefore better for economic development, because they do not lower the level or quality of services. [21] Learn how energy efficiency can improve energy security, provide access to affordable and reliable energy services, promote sustainability, and support additional development objectives. [21] Johannsen said on the new trajectory under the utilities? reduced energy efficiency plans, Iowans could have to pay more in the long run because less energy efficiency will lead to a need for more energy production to meet customers? needs. [19] The world needs to shift its energy system to meet its climate targets. [17] The Sustainable Development Goals (SDG 7.1) call for universal access to affordable, reliable, and modern energy services by 2030. [21] Environmental groups haven’t given up trying to stop DTE Energy from building a $1 billion natural gas plant. [19] She thinks there’s a disincentive for DTE Energy to do that, because the utility doesn’t pay for the plant; rather, its customers do. [19]

There is also no set trajectory over time for how energy use and incomes evolve. [17] There is no reason to take a deterministic view that rising living standards should mean more energy use in a way that is knowable and fixed. [17] There is similarly no reason to think that reducing energy use is something magical or unattainable, especially given how wasteful energy use is around the world. [17] There is, however, a large potential for its use, because much usable energy is contained in water currents. [23] The first, exemplified by Egypt in the chart below, shows energy use and GDP in a nearly one-to-one relationship. [17] The second, shown here through Australia, shows an eventual delink between energy use and GDP. The third, typified by the United Kingdom, shows no relationship at all: since 1971, GDP has risen by 2.6 times, but energy use has fallen. [17] China?s GDP has increased 10-fold since 1990, but its energy use has only increased by 3.4 times. [17] In some, like Greece and Venezuela, the decline in energy use mirrors the decline in GDP, so these are not case studies to emulate or learn from (at least not with respect to energy use). [17] These declines are big and rapid, showing that we can lower energy use without sacrificing living standards. [17] The carbon intensity of France?s energy use declined by over 1 ton per toe from 1971 to 1986, by far the most notable change. [17] An energy-efficient, ductless air-conditioning heat pump system typically uses half the energy of a standard air conditioner but provides the same or better cooling output. [21]

Dramatic changes in the energy system are not the norm–the default state is either stasis or slow change. [17] The new law caps the percentage of a customer?s utility bill that can be put toward energy efficiency programs. [19] The percentage improves when a lower supply of energy achieves the same or better service output. [21]

The Ohio Chamber of Commerce defends the opt out provision arguing that it allows companies to make energy decisions based on marketplace demands. [19] This significant drop in energy demand happened even with a growing economy and a larger population. [17]

Currently, the RE costs are generally higher than that of fossil-based and nuclear energy. [22] The gains in transportation were modest and mostly due to increased energy efficiency in road transport (energy used per passenger-kilometer). [17] The new and scaled-back energy efficiency plans are a result of legislation passed this spring and signed into law by Gov. Kim Reynolds. [19] “The customers pay for the energy efficiency programs, but they?re paying less (overall). [19] The measure gives more companies the ability to opt out of energy efficiency standards. [19] The sections below describe common drivers for energy efficiency programs and expected outcomes. [21] The health of the environment, both outdoors and indoors, is also increasingly understood to benefit from energy efficiency. [21] Big gains in energy efficiency are possible over a short time and at a time when both the economy and population expand. [17] Iowa?s utility companies this summer detailed to the state?s regulatory board new 5-year energy efficiency plans starting with 2019. [19] Some of the proposals show a dramatic reduction in energy efficiency program spending and energy savings. [19] Critics say it is just as they warned during debate over the legislation: that it would gut the state?s energy efficiency programs, and that customers will pay more in the long run. [19] Sharp divisions remain on certain provisions in the substitute bill, especially around energy efficiency, and it’s less than clear whether the bill will appear before the Legislature before it adjourns next Wednesday. [19] Energy efficiency produces equal or better services with less energy. [21] Energy efficiency enables services, such as lighting, to be provided at the same quality using less energy. [21] Energy efficiency is often confused with energy conservation. [21] Follow the Energy Efficiency Talking Points link above to learn more about additional benefits of energy efficiency. [21] If implemented widely, energy efficiency measures can have a significant impact on a national level. [21] Ukraine has come to view energy efficiency as a matter of both national and energy security. [21] Over time, energy efficiency measures can help shift economies away from a reliance on energy subsidies to keep energy affordable. [21] While energy efficiency does not directly improve the quality of indoor air, it is a key driver for actions and technology that do. [21]

Access to affordable and reliable energy is a key driver for economic growth worldwide. [21] Nikos Tsafos is a senior fellow with the Energy and National Security Program at the Center for Strategic and International Studies in Washington, D.C. [17] There is no reason to think that energy is immune from the rules of disruption that affect other sectors in the economy. [17] RE can boost U.S. energy security by reducing our dependence on the imports. [22] “We are still reviewing the legislation, but we think there needs to be a broader policy discussion about Ohio’s energy future,” said Scott Blake, an AEP spokesman. [19] As the new administration begins to enact its energy policy, including support for the coal industry, the conventional wisdom says that support for fossil fuels is a play by Trump to appeal to his base of rural voters. [19] Aside from being finite, energy production from fossil fuels results in by-products of combustion, or emissions. [22]

The Illinois Commerce Commission signed off on a long term plan this week that clean energy advocates say will increase the installation and use of renewables like solar energy and wind power across the state. [19] In the United States, coal use fell 39 percent from 2005 to 2017 as gas and renewables grew. [17]

Our examples do not show a shift in carbon intensity of the scale needed going forward, which is probably not surprising since the only options so far for doing so have been hydroelectric or nuclear power with renewables not being competitive so far as an option to displace fossil fuels. [17] Ohio’s renewable and efficiency standards have been a constant source of debate since they were adopted a decade ago. [19] The proposal to relax wind setback requirements has support from legislators in both parties, as well as wind developers like EDP Renewables and Apex Clean Energy. [19]

If the future is electricity and the large part of that electricity is generated by renewables, then you get to a situation where you know, electricity, the energy trade is going to be wires and not pipelines. [20] The transition from fossil fuels to renewables will destabilize energy markets and cause plenty of headaches as new technologies are developed and brought online and old ones are phased out. [39] One area where that is actually possible is in energy and in renewables in particular as well as efficiency. [20]

This week, as representatives from four continents gather in San Francisco for the 2018 Global Climate Action Summit, state governor Jerry Brown approved legislation mandating that all of the state’s energy come from clean power sources by 2045. [39] Energy Efficiency Services Ltd, a joint venture of PSUs under the Ministry of Power, has been selected by the International Solar Alliance (ISA) to facilitate implementation of 5,00,000 Solar Water Pumping Systems. [24] The sources of energy supply growth in the future whether it?s solar or batteries or EVs maybe less dependent on what you happen to have in the ground and more on the industrial policy, you can put in place to lead in those markets. [20]

When combined, the Eagle PowerTrack performance bundle yields 30 percent more energy per panel, resulting in notably lower levelized cost of electricity (LCOE) and significantly increases return on investment over traditional C&I systems. [24] Edisun Microgrids, Inc. is a solar technology company that develops patented, distributed solar and energy storage technologies to meet the needs of the fast-changing energy sector. [24] SHANGHAI and LOS ANGELES, Sept. 24, 2018 /PRNewswire/ — JinkoSolar Holding Co., Ltd. (“JinkoSolar”), one of the world’s largest solar module manufacturers, and Edisun Microgrids, Inc. (Edisun), a solar technology company that develops patented, distributed solar and energy storage technologies, today announced a partnership to develop the Eagle PowerTrack, a performance bundle for commercial and industrial (C&I) rooftops. [24]

Fortunately, progress has been made in the past decade regarding the use of renewable electricity from water, solar and wind power and the ratio of energy used per unit of GDP is also declining. [31]

Dimitry says DTE is closing three of its coal-burning plants in five years, but she says it’s not feasible for renewables to take their place. [19] These developments are not expected to slow down, as organisations are looking to invest 30,500 megawatts of new capacity to further support the integration of renewables. [16] Considering the characteristics of the sector, and the increasing demand for renewable resources, the number of new jobs is expected to grow. [16] Several Republican bills under review in the legislature could potentially slow the spread of clean energy, according to renewable advocates. [19] Utilities so far are having no trouble meeting or exceeding renewable targets under the existing law. [19] Kearney thinks DTE is stuck in an old mind set, one that viewed natural gas as a necessary bridge to replace coal until renewables are ready for prime time. [19] But: The financial crisis wasn’t bloodless for U.S. renewables. [40] We have few examples of fossil fuels being replaced by renewables alone. [17]

Peak electricity demand dictates the number and size of power plants, and the amount of reserve power supplies, that countries need to construct and operate. [21] As its Great Lakes neighbors Illinois and Michigan firm up plans to add thousands of megawatts of new wind and solar energy in the coming years, a stalemate over clean energy policy drags on in the Buckeye State. [19]

Verano Capital, an American project developer headquartered in Santiago, announced that the 47 MW solar project they initially developed was selected in Chile?s latest energy tender with a winning bid at $25.38/MWh, the lowest 24/7 block price combining solar and wind ever recorded in the history of energy tenders. [24] Verano Capital, an American project developer headquartered in Chile, announced that it won 18% of the solar capacity in auction at the Argentinian energy tender with its 100 MW VeCaSo-1 solar project. [24]

Lauding the Kusum Yojana at the special session: India’s Energy Basket 2030, Chairman Elect, Global Solar Council (GSC) Mr. Pranav. [24]

The legislation obliges California to meet 50 percent of its energy needs with clean power by 2025 and 60 percent by 2030 before ramping up to 100 percent by 2045. [39] The Dau Tieng project is located in Tay Ninh, southwest Vietnam and is being developed by Vietnam’sXuan Cau Co Ltd and Thailand’sB.Grimm Power Public Co Ltd. POWERCHINA HUADONG is responsible for EPC. The project is a milestone in the accelerating development of new energy markets in Vietnam and even across Southeast Asia. [24] Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America’s premier energy company. [24] “We are excited to partner with BBOXX to enable energy access in the DRC. GE’s Hybrid Distributed Power system offers flexibility to deliver fast, reliable power with a digital backbone found in utility scale power plants,” said Brian Selby, Managing Director of Licensing at GE. [24]

The partnership forms part of BBOXX’s strategy to improve access to vital utilities for customers with a range of needs, from small solar home systems of 50W in rural communities, to businesses in urban areas with higher energy demands of 0.5kW – 5.0kW, and beyond. [24] Another method, known as thermal solar, uses a series of mirrors to focus the sun’s energy on a single point to turn water into steam, which then turns a turbine. [25] The Eagle PowerTrack’s simplicity, high levels of energy generation, and improved economics will enable solar contractors to bid and win more business. [24] The Global Wind Energy Council (GWEC) has created a new Offshore Wind Taskforce to accelerate the development of offshore wind technology in non-European markets such as Asia and North America. [41] The Global Wind Energy Council announced on Wednesday that it would form a new Offshore Wind Taskforce dedicated to accelerating the development of offshore wind technology in non-European markets such as Asia and North America. [41] The Global Wind Energy Council (GWEC) has set up an offshore wind taskforce to back the sector?s development beyond Europe. [41] “The whole wind energy industry is changing, and I am not hesitant to call it disruption,” says Global Wind Energy Council Chair Morten Dyrholm an interview with EnergyWatch. [41]

Writing in the Petroleum Economist’s Outlook 2018, Director Jason Bordoff examines the impact of the Trump administration?s ambitious deregulatory agenda to unleash American “energy dominance” on U.S. energy supply, greenhouse gas emissions, and the global energy market. [20] Africa50 ( is a pan-African infrastructure investment platform that contributes to Africa’s growth by developing and investing in bankable, environmentally sustainable, medium to large scale infrastructure projects, with a focus on the energy, transport, ICT and midstream gas sectors. [24] The biggest chunks of growth in meeting energy demand now are coming from low carbon energy sources. [20] I look forward to a day when sun, wind and biogas becomes the main source of energy. [24]

Photovoltaic (PV) energy is created using flat solar panels that can be affixed to a structure’s roof or arrayed across open spaces. [25] According to Energy Sage, for example, homeowners Portland will save about $17,000, on average, if they go solar over a 20-year period. [25] Energy is the dominant contributor to climate change, accounting for around 60 per cent of total global greenhouse gas emissions. [31] Solar power is becoming more affordable and more efficient at turning the sun’s energy into usable electricity. [25] In a press release, the California Energy Storage Alliance, an advocacy organization, estimates that the state will need to procure an additional 9,604 megawatts of storage capacity to meet its needs. [39] While CCAs take over the job of procuring energy for their customers, which allows them to exceed utility renewables mandates and increase the roster of clean energy projects being built in the state, utilities remain responsible for all other aspects of keeping the power flowing, including the costs of maintaining transmission and distribution grids and managing customer billing. [26] They also highlighted how several policies under review by state regulators could stymie the growth of CCAs, including rules that govern how investor-owned utilities are compensated for customers taken over by CCAs, and how the two parties share responsibility for procuring the energy resources needed to keep the grid stable. [26]

Jason Bordoff: How widespread and real do you think that is? I mean, just today for example, you often hear his excellency Khalid A. Al-Falih, in Saudi Arabia, the energy minister talk about his concern that we?re not investing enough in supply today because prices have fallen to meet demand five or ten years down the road. [20] IRENA supports countries in their transition to a sustainable energy future and serves as a platform for international cooperation. [20] IRENA, as it?s known supports countries in their transition to a sustainable energy future. [20] Over that period, every indicator has showed that we are moving towards a transitional phase that is going to be quite consequential for how countries deal with each other on energy which is the geopolitical aspect. [20]

The World Bank has estimated that roughly 4.5 percent of electricity sales were lost in low-income and lower middle-income countries between 2005 and 2014 as a result of electrical outages. [21] This is precisely the kind of drop that the IEA envisions for developed countries (the IEA scenario shows a 20 percent decline in 24 years). [17]

Renewable power has made significant strides across this part of the country as wind and solar take root in farm country, as well as more sparsely populated parts of the United States. [19] It?s not just that renewable power is providing more jobs than the coal industry–roughly 300,000 U.S. workers are employed by wind and solar, compared to the 65,971 who work in coal mining–it?s also having an outsized impact on rural communities. [19]

According to the International Energy Agency, shortfalls in electricity cost Pakistan?s economy several billion U.S. dollars in 2007 alone. [21] Some clean energy advocates, too, have signaled that they’re willing to live with lower clean energy targets to help jump-start wind development and provide certainty in the market. [19] “States that continue with efforts to limit carbon pollution will now be more likely to attract the jobs, economic investment and cleaner air offered by the steadily growing clean energy economy.” [19] The report does not directly connect to bills under consideration but instead offers statistics and a narrative describing how the state has become a national leader in clean energy. [19]

Minnesota has 131 companies in the supply chains of the wind and solar industries, according to the report, “Minnesota Wind Power & Solar Energy Supply Chain Businesses: Good for Manufacturing Jobs, Good for Economic Growth and Good for Our Environment,” released today by the Environmental Law and Policy Center. [19]

For the first half of this year, China saw wind power curtailment rate slide to 8.7 percent, a drop of 5 percentage points from a year and reaching a new low over the last few years. [15]

Let us return to the original question: do we have evidence of countries being able to accomplish change in the scale and time frame needed to meet our climate goals? Take a global view, and the answer is unequivocal: no. [17] “I hope we?re setting an example for other small communities across the country,” says Mayor Greg Lemons, who made it a point to lead by example and add solar panels to his boat on Lake Pontchartrain. [19] If a health minister wanted to vaccinate everyone in her country, she would not examine global trends on vaccination. [17] “As the Trump administration tries to drag the country backwards and undo progress on climate action made by individual states, political courage and solidarity are needed now more than ever,” the group said in announcing Steyer’s summit visit. [18] Every other country relied on a mix: Germany mostly nuclear and gas; Italy gas and, less so, coal; Japan evenly split between coal, gas and nuclear; Spain mostly nuclear and, less so, coal and gas; and Taiwan mostly nuclear and coal. [17]

Why would an oil exporting country that had become fabulously wealthy from oil and gas and so being interested in a headquarters for an energy agency and it?s a very interesting story. [20] Fossil fuel energy consumption: Percentage of total energy consumption that comes from fossil fuels, which consist of coal, oil, petroleum and natural gas products. [32] In total metric tons of energy and the volume which is what the atmosphere cares about from a climate standpoint, that is of CO2, greenhouse gas in the air. [20]

In a three-part series from the Center on Global Energy Policy, three sets of authors examine the future of nuclear energy in the United States and throughout the world. [20] Jason Bordoff: Hello and welcome to Columbia Energy Exchange, a podcast from the Center on Global Energy Policy at Columbia University. [20] Jason Bordoff: For more information about Columbia Energy Exchange and the Center on Global Energy Policy, please visit us online at or follow us on social media Columbiauenergy. [20]

Imagine now, we are going to a situation where we are moving to an energy source that is indigenous. [20] Period-average inflation for 2017 was 5 percent, with declining domestic food prices (fruit and vegetables) and weakening prices for imported grains offsetting increased energy prices. [33] Utilities complain that these changes will unfairly burden them with legacy generation costs that should be shared by their former customers, and could potentially lead to CCAs disrupting the state’s energy markets. [26] The Plan focuses on a number of priority investment areas, such as sustainable energy and connectivity; micro, small and medium enterprises financing; sustainable agriculture, rural entrepreneurs and agroindustry; sustainable cities and digitalization for sustainable development. [24] Public and private investments in energy also need to be increased and there needs to be more focus on regulatory frameworks and innovative business models to transform the world?s energy systems. [31] That’s because when the sun isn’t shining and wind power is inconsistent, on-demand gas power is still needed to meet energy needs. [39] Going to university after that and in my professional life, the discussion on the geopolitics of energy has always been dominated until today by discussions about oil and gas and by planes and supplier routes and military deployments and relationship between states and the producer, consumer dialogue and you know, the conventional thing and it still continues. [20]

I think in terms of strategic view of the future, the Chinese have understood the centrality of energy and the fact that the sustainability of their growth model is going to rely on more and more energy independence than rather than being at this subject to the vagaries of the international market for fossil fuels. [20] I?ll come to that in a minute because I had a very fascinating discussion with the energy minister of Iran a couple of years ago about this particular issue, no longer there. [20] CCAs are moving alongside California’s investor-owned utilities to find cleaner ways to manage resource adequacy, including distributed energy resources such as energy efficiency, demand response, energy storage and EV charging, she said. [26] We wish them every success, whilst we look forward to continuing the development of our Greenlink interconnector project that will link these two important energy markets and help facilitate their continued decarbonisation.” [24] The Council reviewed the major work and achievements during South Africa’s presidency in 2018 and listened to the reports presented by the nine working groups, on energy and the green economy, financial services, deregulation, manufacturing, infrastructure, agribusiness, skills development, regional aviation and the digital economy. [24]

BBOXX (, a next generation utility, and GE ( have launched a partnership to provide energy access for small businesses, schools and other organisations in Goma, Democratic Republic of Congo (DRC). [24] As CCAs grow their share of the California energy market, their role in maintaining and creating new resources for grid stability will increase. [26] This could well lead to more regulations to incorporate them into state energy policy. [26]

That’s largely because CCAs have been able to procure their renewables much more cheaply over the past several years, compared to utilities that have been procuring solar and wind power under state mandate for more than a decade, back when wind and solar were much more expensive. [26] We event of the auctions has really driven down the cost of renewables with wind and solar. [20]

Last year, Iron Mountain derived nearly 30 percent of its energy needs from renewables. [29] The fully renewable economy has not been invented yet and needs transportation, more energy storage, and networking capabilities. [42] Aiding the more rural states that voted for Trump would be a good strategy to show them the potential of renewable employement and energy. [42] Renewables can lead to a more reliable locally based energy industry and governments. [42]

The country had to use its nuclear plants and its natural gas capacity to ensure sufficient electricity was available, indicating the need for a diverse energy supply. [34] Green (sustainable energy sources that are not environmentally damaging) energy diplomacy is the key element of this approach where the UAE has the capacity to be the game-changer towards a more sustainable future, given that the global energy demand is set to rise by 30 percent by 2030. [30]

Indoor air pollution from using combustible fuels for household energy caused 4.3 million deaths in 2012, with women and girls accounting for 6 out of every 10 of these. [31] We?re trying to supply more energy and energy access is a huge challenge around the world to expand the number of people that have access to energy services. [20] “We look forward to working with our technical partners in the future to supply energy and other utility services to more customers across the distribution mix, from small rural homes through to urban SMEs and public institutions, improving productivity and powering economic growth.” [24]

Edisun’s PV Booster rooftop tracker offers contractors a flexible system design, more energy harvested per panel, and real-time data for predictive operations and maintenance. [24]

The question is then whether the downward trends in cost and the outlook for renewables are enough on their own to spur more rapid growth of clean energy, ultimately putting us on a track toward deep decarbonization consistent with our long term climate goals. [20] I think in terms of electricity, the cost declines in renewables are going to be the dominant trend in electricity. [20] The issue for electric mobility is it gonna be fueled by electricity run by coal or by renewables. [20]

Although, we support countries and you know, small states that have decided to go 100% renewables because for them, it makes sense. [20] He talked about where China was going with renewables and how fast they would grow and the question to him was, national strength has often come for producer countries from the ability to develop national resources. [20] Many of these countries already have substantial shares of renewables in the system. [20] I think a lot of countries are looking at that and I was in Egypt last year and I?m going back in a couple of weeks to follow-up on that because we?ve been doing a major study for Egypt on renewables. [20] That?s the same for more and more developing countries and I?m not saying that renewables is a silver bullet. [20] Knowledge about renewables increased and more and more countries came into the fold. [20]

RE-Invest is a global platform to explore strategies for development and deployment of renewables. [24] Adnan has more than 25 years of experience in renewable energies, sustainable development and environmental policy. [20]

CCAs protested, saying it could undermine their low-cost renewables goals by forcing them to buy short-term contracts for resources such as natural gas peaker plants that can meet the state’s needs. [26] Adnan and Jason caught up to discuss IRENA?s mission and the future of renewables on the global market. [20] Sungrow, the global leading inverter solution supplier for renewables, presents 1500 V solutions with string PV inverters, central PV inverters, and ESS as its headline catching products at Intersolar Europe 2018, in Munich, Germany. [24]

The most interesting thing he told me, we discuss renewables program but he said, for Egypt, my real issue is that we have a million young people every year coming into the liberal market. [20] CPUC President Michael Picker has laid out some ideas on this front, including creating a statewide integrated procurement process to rationalize what could become an increasingly fragmented market for renewables project development. [26] Opining his views at the technical session: storage solution in Renewable, Chief Executive Officer, Emergent Ventures, Mr. Vinod Kala, who was the moderator of the session underlined the need for creating a conducive policy and regulatory framework that gives impetus to domestic manufacturing, demand creation and allows integrated e-mobility requirement seamlessly. [24] I think that in some markets where renewables are still beginning to penetrate, there will be need for some kind of policy support. [20]

Fresh water withdrawals: Total fresh water withdrawn, expressed as a percentage of total renewable water resources. [32] When you look and I just mentioned a minute ago that challenge of even when you have growth in renewables in percentage terms, you?re growing the pie. [20]

Adnan discusses why policy still has an important role to play in the energy transition and provides his thoughts on 100% clean energy, EVs, and the role that renewables can play in emerging markets. [20] We talked about EVs, the questions about a 100% clean energy, a 100% renewables. [20]

The bill would similarly reduce a 0.5 percent carve-out for solar energy. [19] The International Energy Agency (IEA) modeled a scenario looking at the technology contributions needed to reduce CO 2 emissions and limit global temperature increases to 2 degrees Celsius. [21] The stimulus expanded and helped finance the federal loan guarantee program for various clean energy projects. [40] A new report aims to persuade Minnesota legislators that clean energy is a strong part of Minnesota?s economy. [19] “We just think (the new law and new energy efficiency plans are) a deviation from the path that Iowa has been on toward a really clean energy grid.” [19] “In the past, Iowa has been a clean energy leader with strong energy efficiency plans, but this is a major step backward,” Mandelbaum said in a statement. [19] Currently, only the largest industrial energy users are allowed to opt out of utility efficiency programs — a policy compromise agreed to during an earlier debate over Ohio’s clean energy standards in 2013. [19]

“Illinois is on course to become the national leader in wind power, solar energy and conservation programs, and we should not let President Trump’s crusade against science, and our legal and moral obligation to act on climate change, determine our future,” Jack Darin, director of the Illinois chapter of the Sierra Club, said in a statement. [19]

The diversification strategy, as based on the Abu Dhabi Economic Vision 2030, has resulted in the growth of the non-carbon sector to 69 percent as a percentage of Abu Dhabi?s GDP. Further, the UAE Green Agenda 2015-2030 underpins the country?s strategy of expanding its green energy diplomacy through economic diversification, information-sharing, capacity building and coordinated consultation with the private sector, reflected in the UAE Vision 2021. [30] Most developing countries still lack the financial, technical and human capacity to effectively expand their energy sectors in a sustainable way. [30] In 2019, the UAE will be hosting the 24th World Energy Congress, a triennial event, bringing together representatives of more than 150 countries to discuss the global strategy on collaborative, sustainable and innovative energy. [30]

The UAE?s long-term dedication to sustainable development and green energy diplomacy is underscored by a range of key global events in the framework of green energy diplomacy that have taken place in the UAE over the past few years. [30]

As its need for power grew, Hagen explained, management increasingly questioned the soundness of conventional energy procurement: “Buying power from a traditional utility constitutes signing an open-ended, no-hedge, no downside-protection contract. [29] LevelTen Energy, for instance, offers a dynamic, two-sided market that aggregates power purchase agreement (PPA) buyers and sellers, allowing them to connect and transact more efficiently than they?d likely be able to achieve on their own. [29]

There would be significant job creation in the energy sector, perhaps as many as 20,000 jobs in expanded solar alone. [28] “We are proud to join with Republic Services in making solar an important part of New Jersey?s energy future,” said Mark Valori, vice president of NJR CEV, in a statement. [27]

The Energy Department, meanwhile, predicts a significant increase of new wind capacity. [35] The strategy uses the United Nations Sustainable Development Goals as the basis of its national and international efforts in capacity-building, technology-sharing, and energy infrastructure. [30] Mr. Hogan initially called the 2016 bill and its 25 percent RPS goal a “$100 million energy tax” and a “sunshine tax,” in an obvious allusion to the “rain tax” rhetoric he used in the 2014 campaign to rail against a locally assessed fee on stormwater runoff. [28] It is home to one of the largest clusters of high-performance buildings in the region and, within the city, the buildings? energy and water demands are 40 percent lower than average. [30] The first figure forecasts that the developing world energy demand increase is almost thirteen times the decrease in developed nations demand in the next 24 years. [42]

It was a time when Germany was taking the lead on renewables development. [20] I thinks it?s important because it?s actually remarkable in a discussion about renewables that it took 27 out of 30 minutes to get to China. [20] Most of California’s CCAs have been formed with the express aim of increasing their share of renewables faster than the investor-owned utilities they’re part of, Vaughan said. [26]

These projects have strengthened the partnerships between each country and have helped Chinese companies to go global, allowing them to gain valuable experience in the planning, design, construction and operation of solar plants. [24] Regional growth of ultrathin glass market is mainly attributed to the growing demand from the automotive and electrical & electronics industry along with expanding population and growing purchasing power specifically in developing countries such as China, India, Thailand, and South Korea. [24] JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. [24]

Normally for off grid access from conventional sources like diesel because consumers in developing countries would pay up to 40 or 50 times what people were paying from grid electricity. [20] Mr. Leiming Shi, Vice President of POWERCHINA HUADONG, commented, “A number of projects developed by POWERCHINA HUADONG are located in countries that often experience power shortages along the ‘ Belt and Road’ route. [24] The ISA’s 5 th program on Scaling-up Solar E-Mobility and Storage aims to promote, assess potential, harmonize demand and pool resources for rapid deployment of and scaling up solar e-mobility and associated Storage infrastructure in urban and rural areas of ISA member countries. [24] The Assembly witnessed participation from ISA prospective countries, partner countries, dignitaries from the United Nations, Presidents of Multilateral Development Banks, global funds, international financial institutions, representatives from the corporate sector and civil society. [24] IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. [24]

At the conference, attended by representatives of around 70 countries and 30 international organizations, development aid of $3.8 billion per year was committed. [33]

“While the past 60 years represent the best of our country and the height of American ingenuity, the talented, dedicated and diverse team here in’space city’ Houston is excited about the next chapter in spaceflight as we work to launch humans farther into the solar system.” [24] Vivint has some of the lowest solar installation costs in the country and is expected to show significant future growth as the residential solar industry expands. [25] Most states have passed net metering laws, but differences between state legislation and implementation mean that the benefits of net metering can vary for solar customers in different parts of the country. [25]

We look forward to deepening our relationship by working on more international power projects in the future and jointly expanding the influence of Chinese companies in the international clean energy market.” [24] Nuclear power and large hydropower projects are not considered clean energy under the law. [39] These include several of the oldest CCAs in the state — Marin Clean Energy with 470,000 customer accounts and Sonoma Clean Power with 223,000. [26] In the session, Director (Projects), Power Finance Corporation Shri Chinmoy Gangopadhyay said, “We are trying to look at solar energy projects from the angle of their long term viability. [24] GE’s HDP technology provides sustainable energy in off-grid settings, combining solar energy, battery storage and diesel generation to ensure a reliable electricity supply. [24]

San Mateo County-based CCA Peninsula Clean Energy, which began serving its first customers in late 2016, inked its first 200-megawatt solar contract last year, and has since signed up big commercial customers for its 100 percent clean energy offering, including Facebook’s Menlo Park, Calif. headquarters, communications director Kirsten Andrews-Schwind noted. [26] The continued growth of CCAs is of concern to the CPUC, which published a report this year that questions whether CCA growth could undermine the state’s broader clean energy and carbon reduction goals. [26] Before California, as Anne C. Mulkern of ClimateWire reports, Hawaii passed a very similar piece of legislation two years ago mandating 100 percent clean energy by 2045. [39]

In the context of this week’s Global Climate Action Summit in San Francisco, CCA advocates say they’re fulfilling the promise that led legislators to create them in the first place — giving customers an avenue to support even more aggressive clean energy targets than the state has set. [26] There are also more recently launched CCAs, such as Monterey Bay Community Power with 307,000 customer accounts, Peninsula Clean Energy with 291,000, Silicon Valley Clean Energy with 275,000, and East Bay Community Energy with 550,000. [26]

Renewable sources include hydroelectric, geothermal, solar, tides, wind, biomass and biofuels. [32] Maryland is already moving toward renewables with both expanding solar capacity and two off-shore wind farms in the works — the latter of which are possible because of actions taken by Mr. Hogan?s appointees to the Public Service Commission. [28] The system is a key part of the UAE Energy Strategy 2050 on the existing LEED standards in order to limit the amount of new capacity needed in the future energy mix. [30] The second figure shows and forecasts the types of world energy capacity additions during the 2010 to 2016 and 2017 to 2040 periods. [42]

European nations are the main ones forecast to decrease energy demand, especially for fossil fuels. [42] The IEA has forecasted the change in primary energy demand and energy types between 2016 and 2040 for the whole world. [42] The first figure below forecasts the extent of future energy demand change geographically between 2016 and 2040. [42]

The Masdar Special Project: UAE-Pacific Partnership of 2013 is a bright example of the integration of the country?s green energy cause into its foreign policy. [30] LevelTen functions similarly to a mutual fund, explained CEO Bryce Smith, charging its customers a fee equivalent to a small percentage of the contracted energy cost. [29] The UAE?s dedication to connecting sustainable development with green energy diplomacy is also reflected in its 2017-2021 Foreign Aid Strategy. [30] In sum, the UAE?s dedication to green energy diplomacy can change the way we think and act about development, social vulnerability and resilience, thereby securing a peaceful and prosperous future for all nations. [30]

The capped South Brunswick landfill is the third brownfield site that the operation has invested in to create green energy. [27] The energy is going into the local distribution system and is sold into the wholesale energy market through the regional grid operator, PJM Interconnection. [27]

Part of the problem for some developed and developing countries is that coal is easy to mine and use while renewables require a more sophisticated infrastructure industrially and educationally. [42] We could use a version of Lend Lease (or grants) used in World War II to aid developing countries around the world to achieve a familiarity with renewables and build their industrial and educational base. [42] The short-term plan requires the U.S. to expand its renewables and be a master in renewable tech to provide the technical training to train the trainer for developing countries. [42] Stopping climate change will be easier if all countries have an industrial base and the educational base to build and maintain renewables. [42]

We could end up going renewable in the U. S., but still have a global increase in fossil fuels and climate change. [42] We could employ 60-year loans for the deployment of wind farms and other renewables. [42] China has an increasingly well-developed renewable industry and its educational sector is expanding. [42] There is no good reason why the U.S. cannot start modestly to share our tech while we go deeply renewable. [42] The necessary short-term plan in the U.S. requires us and all developed nations to go renewable. [42]

We need to politically defeat the fossil fuel industry and its supporters and build a world based on renewables. [42] We will also need to reform many utilities who fear their “leadership” will be undercut by distributed renewables. [42]

The fossil fuel companies could remake themselves into renewable companies, but they are more focused in making money the old way. [42]

We however must emphasise that we are Africans who share historic commonalities with countries of the Global South which includes amongst others, the struggle against apartheid and colonialism. [24] Subsequently, with the attainment of our democracy, it is again common knowledge that South Africa shared the same socio-economic and underdeveloped challenges as countries of the Global South. [24] With 189 member countries, staff from more 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. [33]

It?s a major component of industrial plan for growth and employment generation in many of these developing countries. [20] From its Montreal base I am confident it will play a critical role in advancing our country’s international development agenda by offering a blend of public and private capital and building partnerships with businesses in developing countries, especially those operated by women and youth.” [24] Over the CPF period the World Bank expects to provide $250-$300 million in grants annually to Afghanistan through the World Bank Group?s International Development Association, the fund for the poorest countries. [33] Just as a reminder, infrastructure and sustainable development project funding by the BRICS bank will also be extended to countries that are not members of the formation, and therefore African countries will benefit a great deal. [24] President Ramaphosa in his opening address to the Summit expanded on the theme, further stating, quantum leaps in technology and innovation present enormous opportunities for growth, development and human progress.The president also indicated that the surge in innovation has the potential to dramatically improve productivity and to place entire countries on a new trajectory of prosperity. [24]

Adnan Amin: You know, one of the interesting things that I found over the last couple of years in particular is that there is a growing realization among countries that are major oil economies that this change is coming. [20] Gas, I think as more and more countries are looking at, one as a transitional fuel and that is becoming less and less the case. [20] It falls into some categories, there is a lot of discussions since the 1970s about security of oil supply and producing countries in the middle east since their oil embargo and Europe often in our conversation is about natural gas, security of supply and concerns about Russia and pipelines. [20]

The five BRICS countries reinforced their ongoing commitment and agreed on the importance of ensuring greater economic, trade and investment ties amongst the BRICS countries. [24] “This initiative is a perfect example of what we are doing to support investments in African low income and fragile countries through the External Investment Plan. [24] During the three day Re-Invest 2018, nine country sessions were organised by leading RE countries such as France, USA, European Union, Australia, UK, Finland. [24]

The agricultural sector grew by 3.8 percent, with strong growth in fruit and vegetables offsetting declining wheat production in the context of ongoing drought impacting the northern and eastern areas of the country. [33] The country is 72 percent forest, and those forests trap more than three times their carbon dioxide output through a process called carbon sequestration, the long-term storage of carbon in plants, soil, and the ocean. [43]

Eckhart congratulated India on the policy initiatives that the country has taken, and the nimbleness of policy shown here, to ensure the holistic development of the solar energy sector. [24] Solar energy typically works by converting light energy from the sun into electricity. [25] What I fear is that with all these low price bid procurements of solar energy, five to ten years from now we will have a wave of project refinances,” Mr. Eckhart said. [24] “To ensure the long term viability of solar energy projects, in Argentina, in Mexico, and everywhere else, including in India, I am recommending that there be two parameters for procurement of solar energy – the lowest cost, and a debt service ratio, a measure of how financially viable is a project, at that price (of solar energy). [24] “With the reduction of solar costs, the competitiveness of solar energy is increasing, we look forward to working closely again with POWERCHINA to participate in more outstanding solar energy projects globally.” [24]

It showcases India’s clean energy market and the Government’s efforts to scale up capacity to meet the national energy demand in socially, economically and ecologically sustainable ways. [24] These major corporate energy users and supply side companies were highlighting the growing demand for clean energy and the need for clear and enabling policy frameworks. [24] The twin-island state Antigua and Barbuda has taken a leading role in terms of clean energy supply in the Caribbean. [24] CCAs also provided the first 100 percent clean energy options for customers in the state — a move that prompted utilities like PG&E to follow suit, Wiener said. [26] Ethan Elkind, director of the climate change program at the Center for Law, Energy & the Environment at the University of California, Berkeley, tells Mulkern that the success of the clean energy legislation in Hawaii and California will determine whether other states will follow suit. [39]

The Solar Investment Tax Credit (ITC), introduced in 2006, has created an average annual growth rate in solar of 54%, according to the Solar Energy Industries Association. [25] As demand for solar energy surges across America, today the Solar Energy Industries Association (SEIA) and Alta Energy jointly released a white paper highlighting an underutilized financing tool that can help boost commercial and industrial (C&I) solar development nationwide. [24] Solar energy projects have been discovering tariffs much lower than grid prices. [24] Experts in the panel discussion said they feel these low prices would affect the long term viability of solar energy projects. [24]

Solar energy has become a more viable option for consumers and businesses as technology has advanced and the cost has fallen. [25] One of the most convenient ways to invest in the solar energy sector is through the Guggenheim Solar ETF ( TAN ). [25]

In Europe, countries such as the France, U.K, Spain, and Germany are among the leading contributors to the regional market share owing to expanding automotive sector in this region. [24] We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. [33]

Developing countries of the Middle East and Africa and Latin America are expected to witness an above average growth due to growing consumer base for the biomedical and automotive industry along with the continuous growth in building & construction activities specifically in Turkey, Kuwait, and the UAE. [24] This is partly because it takes a holistic view of development, measuring it with the Gross National Happiness Index instead of the Gross Domestic Product Index, like most countries. [43] They are passing a number of areas including assistance to developing countries looking at their grid infrastructure. [20]

Bhutan–a small, landlocked country in the middle of the Himalayas–has a population of approximately 813,000 and produces 2.2 million metric tons of carbon dioxide per year. [43] The Skills Development Program revived two key institutions in Kabul: the National Institute of Management and Administration (NIMA) that prepares young professionals to acquire junior-level jobs in the public and private sectors; and the National Institute of Music that trains gifted young musicians, establishing a nurturing platform for music in the country. [33] The World Bank Group?s current engagement with Afghanistan is determined by the Country Partnership Framework (CPF), which is closely aligned with the government?s Afghanistan National Peace and Development Framework (ANPDF). [33]

The country exports most of the renewable electricity generated by its rivers, which is equivalent to 6 million tons of CO2. [43] If you look at major oil economies, the UAE has a target of 40% renewable electricity by 2015. [20]

For the sixth biggest economy in the world to declare a 100% clean energy target is a huge thing. [20] Marin Clean Energy, founded in 2008, now has $1.8 billion in committed contracts for a total of 924 megawatts of resources, said Heather Shepard, MCE public affairs director. [26] The transaction was completed 1 October and is an acquisition of 100 per cent of the shares in Element Power’s Irish and UK subsidiaries (excluding Greenlink Interconnector Limited) from Element Power’s principal owner Hudson Clean Energy Partners AIV LP. [24] Scatec Solar is an integrated independent solar power producer, delivering affordable, rapidly deployable and sustainable clean energy worldwide. [24] Getting to a 100 percent clean energy portfolio by 2045 is likely to bring additional challenges. [26]

“For the country as a whole it shows the laboratory effect of having states take the lead on this issue,” he says. [39] There were nine different country sessions, eight state sessions and over 500 business to business bilateral meetings. [24] In the run-up to the summit, we organized several mini conclaves within the state, five roadshows across the country, in addition to meeting investors in Singapore and Thailand. [24]

The project supports implementation of a Basic Package of Health Services and an Essential Package of Hospital Services through contracting arrangements across the country. [33] The Citizens? Charter supports the first phase of the Government of Afghanistan?s 10-year Citizens? Charter National Program and will target one-third of the country. [33] “No country can possibly move forward in the 21st century if it leaves half of its talent on the sidelines,” African Development ( President, Akinwumi Adesina told delegates at the launch of FinDev Canada, in Montreal, while making the Bank’s case for supporting women. [24] In the Asia Pacific region, China emerged as the largest market for ultra-thin glass in 2017 and is expected to be the fastest growing ultra-thin glass market in the region due to robust presence of electrical & electronics and automotive industries in this country. [24]

The United Kingdom’s wind farm capacity increased by over 10 percent from last year, but the share of electricity the wind turbines supplied decreasedfrom 12.9 percent of generation last summer to 10.4 percent this summer because of a weather system that resulted in much of the country under a heat wave with suppressed wind conditions. [34] The U.K. may not meet its clean energy targets despite the addition of wind and solar capacity. [34] The 40,000 solar panel system is projected to generate enough clean energy to power 1,360 homes annually and reduce emissions by 14,000 tons. [27] The 40,000 solar panel system on the long-ago remediated, shuttered site will generate enough clean energy to power 1,360 homes annually. [27]

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7. (61) Must the Energy Transition Be Slow? Not Necessarily | Center for Strategic and International Studies

8. (57) Energy Efficiency Basics | U.S. Agency for International Development

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22. (11) Renewable Energy Sources: Cost Comparison

23. (11) Afghanistan Overview

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25. (9) Still Investing Down Under

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29. (8) Solar Power Information and Facts

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32. (5) tidal power | Types & Facts |

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36. (4) | Human Development Reports

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41. (2) • Outlook additional power generation capacity globally by energy type 2030 | Forecast

42. (2) • Energy industry: share of business sector employment | Statistic

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