UN experts analyse growth of the renewable energies
Thursday, 29 July 2010 10:24

The United Nations Environment Programme (UNEP) and the Renewable Energy Policy Network for the 21st Century  (REN21) have both issued reports setting out the trends in the global green energy sector, including an analysis of  the sources that attracted the most attention from investors and governments in different regions of the world during 2009

 

 

 

 comillasAccording to UN Experts, the clean energies could overtake the non-renewables this year or next. comillas

 

 

 

 

Renewable energy will overtake the non-renewable sources such as oil, coal, gas and nuclear power within one or two years. This is the conclusion of  "Global Trends in Sustainable Energy Investment 2010" and "Renewables 2010 Global Status Report", reports compiled by UNEP and REN21 respectively.

The UNEP report details the global trends regarding investment in sustainable energy, from renewable energy to the energy efficiency sectors. REN21’s report analyses the current position of renewable energy throughout the world, from energy production, heating and refrigeration, and fuel for transport, to a study of the policies and objectives for promoting renewable energy all over the world.

In 2009, renewable energy resources represented:

* 25% of global electricity capacity.

* 18% of global energy production.

* 60% of newly-installed power capacity in Europe, and more than 50% in the US.

Experts predict that in 2010, or 2011 at the latest, there will be more power capacity from renewables than from non-renewable sources on a global level.

Asia and Oceania reported a large increase in funds destined for the production of clean energy. In 2009, China surpassed the US as the country with the greatest investment in renewable energy, with a strong emphasis on the development of wind farms, with an increase of 53%.

Africa and the Middle East underwent a slight increase, and South America a slight decrease in investment.

The most significant milestone was reached at the beginning of this year, when a figure of more than 100 countries with some type of policy related to the promotion of renewable energy was reached, half of them being developing countries that are playing an important role in growth of the sector. Only 5 years ago, the figure stood at just 55 countries.