Subscribe free to our newsletters via your
  Solar Energy News  




Subscribe free to our newsletters via your




















SOLAR DAILY
Renewable energy on the rise, IEA finds
by Daniel J. Graeber
Paris (UPI) Oct 25, 2016


disclaimer: image is for illustration purposes only

The International Energy Agency said Tuesday it expected the share of renewable energy on the global grid to expand more than initially thought.

"We are witnessing a transformation of global power markets led by renewables" IEA Executive Director Fatih Birol said in a statement.

In its latest market report, the IEA said it expected the share of renewable energy to increase 13 percent more over the six-year period ending in 2021 than its estimate last year. The agency said much of the growth came from strong policy support and lower costs for solar power and offshore wind resources, which combined for more than half of the new power that came online last year.

Regionally, the IEA said the United States was accountable for a good deal of its revised growth rate in part because of federal tax credits for solar and onshore wind energy. China, however, holds the lead in terms of renewable energy expansion.

"About half a million solar panels were installed every day around the world last year," the report read. "In China, which accounted for about half the wind additions and 40 percent of all renewable capacity increases, two wind turbines were installed every hour in 2015."

After issuing pledges to back the Paris climate agreement, the United States and China, the two leading global economies, said their collaboration would serve as an enduring legacy of the partnership necessary to combat climate change.

The IEA's report follows an assessment from the World Meteorological Organization that, in the 15 years since 1990, there was a 37 percent increase in the warming impact on the climate because of the atmospheric influence of greenhouse gases like CO2, methane and nitrous oxide. The WMO said at least some of that was because of a reliance on fossil fuels.

Nevertheless, the IEA said renewable energy will be the fastest-growing source of new electricity over the next five years.

"I am pleased to see that last year was one of records for renewables and that our projections for growth over the next five years are more optimistic," the IEA director said. "However, even these higher expectations remain modest compared with the huge untapped potential of renewables."

.


Related Links
All About Solar Energy at SolarDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
SOLAR DAILY
Researchers discover ways to expand temperature stability range of solar cells
Charlottesville VA (SPX) Oct 26, 2016
Despite the potential for powering the world with energy from the sun - the most abundant source of renewable energy - only about 1 percent of the world's energy production currently comes through solar cell technology. That's because solar cells are expensive to produce and are susceptible to efficiency reductions over time. For this reason, scientists continue to seek new solar cell mate ... read more


SOLAR DAILY
Biomass heating could get a 'green' boost with the help of fungi

Algae discovery offers potential for sustainable biofuels

The road to green hydrogen runs through mazes in algal proteins

Nano-spike catalysts convert carbon dioxide directly into ethanol

SOLAR DAILY
Bio-inspired lower-limb 'wearing robotic exoskeleton' for human gait rehab

Robotic cleaning technique could automate neuroscience research

Germany stalls Chinese takeover of tech firm Aixtron

New mobile robot to support agri-tech experiments in the field

SOLAR DAILY
OX2 signs 148 MW wind power deal with Aquila Capital and Google

Prysmian Secures Contract for Offshore Wind Farm Inter-Array Submarine Cables Supply in Belgium

Wind turbines killing more than just local birds

California eyes wind, wave potential

SOLAR DAILY
Long-vanished German car brand joins electric race

IBM Watson machine smarts hitch a ride with GM cars

US judge approves massive VW emissions settlement

Driverless truck from Uber's Otto makes Colorado beer delivery

SOLAR DAILY
Ultralow power transistors could function for years without a battery

Scientists find static 'stripes' of electrical charge in copper-oxide superconductor

Scientists measure how ions bombard fusion device walls

Improved water splitting advances renewable energy conversion

SOLAR DAILY
Bulgaria to pay Russia 600 mn euros for dropped nuclear plant

Germany approves controversial nuclear waste deal

Anti-nuclear politician's win hurts Japan atomic push

Japan nuclear reactor shuttered for safety work

SOLAR DAILY
Australian consortium buys power grid after Chinese bid blocked

UNESCO urges Bangladesh to scrap Sundarbans plant

NREL releases new cost and performance data for electricity generation

Strong at the coast, weak in the cities - the German energy-transition patchwork

SOLAR DAILY
Deforestation in Amazon going undetected by Brazilian monitors

'Goldilocks fires' can enhance biodiversity in Western forests

Urban warming slows tree growth, photosynthesis

Emissions from logging debris in Africa may be vastly under estimated




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News








The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement