The world’s newspapers have lately been filled with climate doom and gloom. Most reports are undoubtedly accurate and there is room for alarm. However, millions of forward-thinking, innovative, entrepreneurial brains have been at work, and many courageous investors have risked billions of their money in renewable energy. This side of the picture is not highlighted often enough. Here’s an attempt to redress the balance.
Environmental Research Web has the following comment about predictions made in the recent past:
…REN21 have produced a very timely review of renewables progress and prospects drawing on interviews with 170 energy experts around the world. It set the scene by reminding us that many past projections have been overtaken by reality: ‘the International Energy Agency in 2000 projected 34 GW of wind power globally by 2010, while the actual level reached was 200 GW. The World Bank in 1996 projected 9 GW of wind power and 0.5 GW of solar PV in China by 2020, while the actual levels reached in 2011, nine years early, were 62 GW of wind power and 3 GW of solar PV’.
Looking forward, in the interviews, most industry experts believed that the world could reach at least 30-50% shares of renewables long term. And some advocated 100% or near-100% futures. European experts cited higher shares just for Europe, with many saying that Europe could attain 50-70% shares.
See the link below for a full copy of the Renewable Energy Policy Network’s REN21 Global Futures Report, released in January this year.