Subscribe free to our newsletters via your
. GPS News .




ENERGY NEWS
Renewable energy on increase but 2030 target in doubt
by Staff Writers
Abu Dhabi (AFP) Jan 16, 2013


The share of renewables in the global energy mix has increased over the past decade to more than 15 percent but doubts remain over whether a 2030 target of 30 percent is achievable, delegates to an international conference said on Wednesday.

Fossil fuels still account for 80 percent of world energy use, threatening efforts to reduce greenhouse gas emissions that are blamed for global warming, delegates said.

"The shift towards low carbon energy has started," the executive secretary of the UN Framework Convention on Climate Change, Christina Figueres, told the World Future Energy Summit.

"But it is not happening at the scale or speed required," she said.

The secretary general of the International Renewable Energy Agency (IRENA), Adnan Amin, told the conference that if nothing is done, "we will have a nine-percent gap" on the 2030 target.

"We have to bridge this gap and we can," said Amin, referring to an action plan released by the agency on Monday.

Based on the Global Futures Report 2013 by the Paris-based Renewable Energy Policy Network for the 21st Century, renewable energy currently accounts for about 17 to 18 percent of the world energy mix.

Fossil fuels -- oil, natural gas and coal -- still account for a massive 80 percent while nuclear energy accounts for around two to three percent.

The report, based on interviews with 170 specialists, gave a wide range of projections for future renewables use.

The most conservative was that the share of renewables would not exceed 20 percent by 2050. Other specialists predicted a share of between 30 and 45 percent, while the most optimistic said clean energy could make up anywhere between 50 and 95 percent.

At present, renewables account for at least 20 percent of the energy mix in at least 30 countries, and around 120 countries have various types of policy targets, the report said.

"I am not optimistic that the 2030 goals will be achieved. I have many question marks," said Fatih Birol, chief economist and director of global energy economics at the International Energy Agency.

He said the average price for oil in 2012 was $112 a barrel, an all-time high, adding that subsidies on fossil fuel are the "the public enemy number one for fighting climate change."

Subsidies on fossil fuels reached $523 billion in 2011, up more than 30 percent on the previous year, said Birol. This makes fossil fuels cheap and encourages rather than discourages their use.

"We definitely need renewables, but unless we have a reliable framework that makes investment in renewable energy profitable, we will not achieve the target," he said.

IRENA said in a report released on Wednesday that the cost of renewables was falling and that public debate on the issue was suffering from an outdated perception that renewable energy was not competitive.

"The cost of solar energy, for example, has dropped below the cost of diesel generation worldwide for communities living away from the electricity grid," the report said.

"2012 was the year when renewables came of age -- able to compete with other power generation technologies and increasingly without subsidies. It is time for the public debate to reflect this changing reality," Amin said.

Based on the latest report by Bloomberg New Energy Finance, investment in renewable energy last year dropped 11 percent to $268 billion. In 2011, it reached $302 billion, a rise of over 30 percent from the previous year.

French President Francois Hollande made an urgent appeal at the conference's opening session on Tuesday for greater investment in renewables.

"If we don't spend... we will have a catastrophe," he warned.

.


Related Links







Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY NEWS
First world atlas on renewable energy launched
Abu Dhabi (AFP) Jan 13, 2013
The International Renewable Energy Agency (IRENA) on Sunday launched the world's first atlas on clean energy which will offer open-access information on countries' renewable energy potential. "The Global Atlas is the largest ever initiative to help countries assess their renewable energy potential, and companies bringing together data and maps from leading technical institutes and private co ... read more


ENERGY NEWS
How does your garden glow?

EU hints at insecticide ban over threat to bees

Using lysine estimates to detect heat damage in DDGS

Study shows pine beetle outbreak buffers watersheds from nitrate pollution

ENERGY NEWS
New biochip technology uses tiny whirlpools to corral microbes

Power spintronics: Producing AC voltages by manipulating magnetic fields

Researchers demonstrate record-setting p-type transistor

Marvell hit with billion-dollar verdict in patent case

ENERGY NEWS
Airlines stand by Dreamliner after Japan groundings

Brazil's Embraer builds up orders for jets

Lockheed Martin Highlights F-35 Program Achievements for 2012

China-owned BOC Aviation says ordering 50 Airbus A320s

ENERGY NEWS
Does everyone think someone else should drive a green car?

Lexus to launch hybrid sedan in Japan, Europe

Jeep to build cars in China with GAC

Nissan cuts price of electric Leaf

ENERGY NEWS
China expects trade to grow at similar pace to GDP

China's trade surplus with US inflated by trade stats: OECD-WTO

Foreign investment in China in first fall for three years

US seeks new global trade deal for services

ENERGY NEWS
Bengali forests are fading away

Three-wheeler rally flagged off for Indonesia forests

Mangrove loss threatens Bengal tiger

Greeks ravage forests to heat homes

ENERGY NEWS
Raytheon's Visible Infrared Imager Radiometer Suite on the Suomi NPP satellite lauded for "truly new" weather data

NASA Prepares for Launch of Next Earth Observation Satellite

Canada Launches Final Stage of RADARSAT Project

China no longer reliant on satellite image imports

ENERGY NEWS
New nanotech fiber: Robust handling, shocking performance

Southampton scientist develops strongest, lightest glass nanofibres in the world

Nanoparticles reach new peaks

Oh, Christmas tree, oh Christmas tree




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement