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Global Energy from Renewables Sources Now Almost 20%

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image Investment in renewables increased 17% to a record $257 billion

The 2012 edition of REN21's Renewables Global Status Report (GSR) was launched on 11 June together with its sister publication UNEP’s Global Trends in Renewable Energy Investment (GTR).

The findings in the 2012 GSR speak to the cumulating effect of steady growth in renewable energy markets, support policies and investment over the past years. In 2011,

  • Renewable sources supplied 16.7 % of global final energy consumption where the share of modern renewables increased while the share of traditional biomass slightly decline
  • 118 countries implemented RE targets with more than half in developing countries
  • Investment in renewables increased 17% to a record $257 billion, despite a widening sovereign debt crisis in Europe and rapidly falling prices for renewable power equipment,
  • Photovoltaic module prices dropped by 50% and onshore wind turbines by close to 10% bringing to price of the leading renewable power technologies closer to grid parity with fossil fuels such as coal and gas.

These are just a few of the trends found in the GSR 2012 that illustrate the significant and rapidly growing share of renewables in energy markets, industrial policy and investments, moving renewable beyond “niche” status.

The 2012 GSR places a special focus on rural renewable energy by highlighting the main trends in Africa, Asia and Latin America. The perspectives provided in the GSR are further detailed in the REN21 Renewables Interactive Map, where country specific renewable energy developments are highlighted.

Help us spread the word

REN21 has created an easy to install GSR 2012 widget which you can add to your webpage to further promote the developments in the field of renewable energy in 2011. Please visit the GSR Outreach Calendar and contact us for further details on how to partner with us.

Access GSR 2012 Documentation 

Download Previous Editions

 

Renewables 2011 Global Status Report
Renewables 2010 Global Status Report
 
Renewables 2009 Global Status Report (Update)
 
Renewables 2007 Global Status Report
 
Renewables 2006 Global Status Report (Update)
 
Renewables 2005 Global Status Report
 

Renewable Energy employers, recruiters and job seekers can now post vacanices and/or upload CV's free on our industry leading renewables job site. Please click on the logo below to get started.

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