Google Play icon

IEA: Global renewable energy growing fast

Share
Posted June 27, 2013
In this May 18, 2011 file photo, a wind turbine stands near Arlington, Ore. Renewable energy is growing fast around the world and will be the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday, June 26, 2013, by the International Energy Agency. (AP Photo/Rick Bowmer, File)

In this May 18, 2011 file photo, a wind turbine stands near Arlington, Ore. Renewable energy is growing fast around the world and will be the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday, June 26, 2013, by the International Energy Agency. (AP Photo/Rick Bowmer, File)

Renewable energy is growing fast around the world and will edge out natural gas as the second biggest source of electricity, after coal, by 2016, according to a five-year outlook published Wednesday by the International Energy Agency.

Developing countries are building more wind, solar and hydro-electric power plants to meet rising power demand and combat local pollution problems. And the costs of renewables are falling below the cost of traditional power sources such as coal, natural gas and oil in some markets with high-priced power.

Renewable power, including hydropower, is the fastest-growing power generation sector and it is expected to increase by 40 percent in the next five years. By 2018 it will make up a quarter of the world’s energy mix, according to the report, up from 20 percent in 2011.

Eighty percent of the renewable power generated in the world, however, ishydropower, a technology frowned upon by environmental groups and sustainability experts because it requires the construction of dams that can damage river ecosystems.

Non-hydroelectric sources such as wind, solar, geothermal and energy derived from plants are also expected to grow quickly, but they contribute a far smaller amount of energy to the global mix. These technologies will supply 8 percent of the world’s energy by 2018, up from 4 percent in 2011 and 2 percent in 2006.

Read more at: Phys.org

 

Featured news from related categories:

Technology Org App
Google Play icon
85,339 science & technology articles

Most Popular Articles

  1. New treatment may reverse celiac disease (October 22, 2019)
  2. "Helical Engine" Proposed by NASA Engineer could Reach 99% the Speed of Light. But could it, really? (October 17, 2019)
  3. New Class of Painkillers Offers all the Benefits of Opioids, Minus the Side Effects and Addictiveness (October 16, 2019)
  4. The World's Energy Storage Powerhouse (November 1, 2019)
  5. Plastic waste may be headed for the microwave (October 18, 2019)

Follow us

Facebook   Twitter   Pinterest   Tumblr   RSS   Newsletter via Email