Global renewables capacity to reach 3,200 GW in 2025
Jan 28, 2015 09:45 CET by Ivan Shumkov
Jan 28, 2015 (SeeNews) - The installed renewable energy capacity around the world is projected to jump to 3,203 GW in 2025 from 1,566 GW in 2012 as declining costs allow developing countries to adopt such technologies.
This is indicated in Frost & Sullivans Annual Renewable Energy Outlook 2014 report, which says that the global green energy capacity will grow at an average annual rate of 5.7% in 2012-2025. The market researcher has determined that solar photovoltaic (PV) and wind power will account for 33.4% and 32.7%, respectively, of the total capacity added over the period under review, followed by hydropower with a 25.3% share.
Frost & Sullivan estimates that the worldwide solar power capacity will surge to 668.4 GW in 2025 from 93.7 GW in 2012, but the falling PV prices and the veritable boom in that segment will hurt the concentrated solar power (CSP) market.
Meanwhile, global wind power capacity is expected to hit 814 GW in 2025, going up from 279 GW in 2012. Frost & Sullivan stressed that the offshore wind market will not grow at the expected pace, but small-scale wind turbines will open up new applications.
http://renewables.seenews.com/news/global-renewables-capacity-to-reach-3-200-gw-in-2025-460517
Good to keep solar heat applications in mind also. It's definitely, by some, an under appreciated resource.
https://www.iea-shc.org/data/sites/1/publications/Solar-Heat-Worldwide-2015.pdf
And what even better?
The goal and expectations have increased just since these reports were written.
Now, if we could just get the cooperation of the crackpot-obstructionists-that-can't-give-up-their-dreams-of-a-glowing-future-through-nuclear, things would ramp up even more quickly. I mean it should be a crime what they've done in Britain! The lies, energy chaos, and locked in increased emissions that the pursuit of nuclear has resulted in literally should be a crime, don't you think. Dismantling their very successful energy efficiency program in order to preserve energy demand so that they would have a rate base for a nuclear plant guaranteed to produce some of the most expensive electricity in the world - Yes, I'm sure that is an ethical crime.