April 21, 2018

Clean Energy Revolution Shatters Records & Projections

06 October 2017, 12:23 | Lorenzo Hawkins

Canada's renewable energy growth projections scaled back after Ontario scraps clean energy program: Report

NRDC Report: Clean Energy Revolution Shatters Records & Projections

Nearly 165GW of new renewable power was installed in 2016, driven by 74GW of solar photovoltaic capacity coming online, according to a new report by the International Energy Agency (IEA).

"Dozens of clean energy records have been shattered across the United States in the a year ago and a half", said co-author Ralph Cavanagh, co-director of NRDC's energy program.

"We expect that solar PV capacity growth will be higher than any other renewable technology through 2022."According to the IEA's report on Wednesday, renewables accounted for almost two-thirds of net new power capacity in 2016".

This higher forecast is because of increase in predictions of China and India's solar PV additions.

China remains the undisputed leader of renewable electricity capacity expansion during the forecast period with more than 360 GW of capacity coming online, or 40 per cent of the global total.

A new video by the International Energy Agency shows how the renewables market will develop and expand over the next several years.

Specifically, the EIA predicted that the country's solar energy capacity would only increase by less than 1 GW (gigawatt) - a blindingly baffling prediction, not simply because the end result was actually 46-times the forecast figure. The price is half what new wind farms were built for just two years ago, and means off shore wind power will be cheaper than nuclear energy in the United Kingdom for the first time.

The agency sees renewable power generation rising by more than a third to 8,169 terawatt-hours (TWh) in 2022 - from around 6,012 TWh in 2016 - which is equivalent to the combined electricity consumption of China, India and Germany. With strong support from China, which accounted for almost half of this total, solar photovoltaic growth was faster than any fuel worldwide - passing net growth in coal as the graph below shows. Over the next half decade, the world will install half as much renewable energy as the current entire global capacity of coal power.

He added that the current generation is experiencing the birth of new era in solar PV. "We expect that solar photovoltaic capacity growth will be higher than any other renewable technology through 2022". And for the first time in USA history, wind and solar energy made up more than 10 percent of all monthly electricity generation.

Although coal will still be the largest source of electricity generation in 2022, renewables is on track to close the generation gap with coal by half in just five years.

Other News

Trending Now

The Big Ten Blog
With his effort against the Hawkeyes, Barkley became the seventh player in Penn State history to have 3,000 career rushing yards. More than a smattering of boos could be heard at Kinnick Stadium as the swarming Nittany Lions defense was in total command.

India restricts Australia to below par 242
The 22-year-old managed to take seven wickets , including a hat-trick, in the four matches he played against Australia . Rohit hailed the bowlers for restricting Australia to 242 which hardly proved a challenge for the Indian batsmen.

Air France plane's engine breaks apart midair, forcing emergency landing in Canada
Another said they heard a "loud thud and a lot of vibration" before looking out of the window at the horrific scene. One of the plane's four engine had "serious damage", but no further details about the damages were released.

Gareth Bale doubtful for Real Madrid and Wales with calf injury
The Madrid boss felt the Spain attacking midfielder was wise to praise Ronaldo as an example to follow as he continues to develop. So now with Espanyol coming to the Santiago Bernabeu, Madrid will be hoping that their fortunes will change for the better.

Pakistan violates ceasefire as top Hizb commander killed in Kashmir's Uri sector
A complete shutdown was observed in Sopore, the hometown of Najar, where reports said normal life was completely disrupted. After that, he was recalled to the base camp in Muzaffarabad in September 2015 where he stayed with Syed Sallahudin.

Highlights of Wednesday's Major League Baseball games
Still, there was an argument to be made that the series loss was an isolated incident, and the Cardinals future remained bright. The third baseman doubled home a run in the 11th inning Thursday night, giving the Cubs a 2-1 victory.

Oil Hits Highest $58.37
The major oil producers' production cut deal has supported crude oil prices since November 2016 . Department of Energy's Energy Information Administration (EIA) releases its data.

El Capitan climbers: Yosemite rock fall is biggest in memory
The first rockfall on weds, unfortunately killed one climber and injured another who were on the ground about to start climbing. Another massive rockfall near El Capitan has closed down Northside Drive on the valley floor in Yosemite National Park .

Iraqi Kurdistan referendum, illegitimate: Pre. Erdogan
Turkey is honest in voicing opposition to Iran's some policies, particularly in Syria, Iraq, and Gulf region, Cavusoglu said . The ceremony was also attended by officials from Iran and Turkey. "Meetings will be held to discuss the details", he said.

Somali suspect had ISIS flag in vehicle
Mr Knecht said the name of the driver was close to the name of the registered owner of the auto that hit the officer. He said the truck "deliberately attempted to hit pedestrians" during the police chase, media reported.