Jul 5, 2012

40% Growth in Global Renewable Energy Market

Admin
2 min
  A new report from the International Energy Agency (IEA) shows that global clean power production will expand by more than 40 percen...

 

A new report from the International Energy Agency (IEA) shows that global clean power production will expand by more than 40 percent by 2017.

According to the IEA’s Medium-Term Renewable Energy Market Report 2012, renewable power production will expand by 1,840 terawatt hours (Twh) over the next five years compared to 2011 levels. The agency expects 710 GW of extra renewable capacity will be added, with growth most pronounced in new markets outside the OECD. China will account for nearly 40 percent of the new power, while India and Brazil expect to see significant increases in renewables. The US and Germany will also play an integral role.

“This growth is underpinned by the maturing of a portfolio of renewable energy technologies, in large part due to supportive policy and market frameworks in OECD countries,” the report stated.

SEE OTHER TOP STORIES IN THE ENERGY DIGITAL CONTENT NETWORK

Denmark to Reach 100% Renewable Energy Target by 2050

Renewables Could Supply 80% US Electricity

Read more in June's issue of Energy Digital: Energy Turns to SPACE

Hydropower will account for some 730 Twh of the foreseen extra production—the largest single driver of clean energy generation. Onshore wind, bio-energy and solar PV will also see significant growth.

"Renewable energy is expanding rapidly as technologies mature, with deployment transitioning from support-driven markets to new and potentially more competitive segments in many countries," IEA executive director Maria van der Hoeven says.

Of course, much of renewable energy expansion will depend on economic variables, changes to government support and financing.

 

DOWNLOAD THE ENERGY DIGITAL IPAD APP 

Share article

May 13, 2021

All but two UK regions failing on school energy efficiency

schools
energyefficiency
Renewables
Dominic Ellis
2 min
Yorkshire & the Humber and the North East are the only UK regions where schools have collectively reduced how much they spend on energy per pupil

Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.

Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.

According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.

Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.

“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."

He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."

North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).

The Department for Education has issued 13 tips for reducing energy and water use in schools.

Share article