NewEnergyNews: New Energy Now A Third Of World Power

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  • Corporates Lead Next Wave Energy Transition
  • Billions In Health Benefits From New Energy

    Friday, April 05, 2019

    New Energy Now A Third Of World Power

    Renewable energy now makes up a third of global power capacity

    Phil Dzikiy, April 3, 2019 (Electrek)

    “Strong gains in solar and wind energy last year have pushed renewable energy to now account for a third of global power capacity…[The International Renewable Energy Agency Renewable Capacity Statistics 2019 report] says the world added 171 gigawatts of overall renewable energy capacity in 2018. Global renewable capacity reached 2,351 GW in total by the end of 2018…[Hydropower was half of that, but solar and wind installations accounted for 84% of 2018’s] growth…Global wind capacity is now at 564 GW, with solar capacity right behind at 480 GW and rising fast. Whereas wind capacity increased by 49 GW, led by China and the U.S., solar added 94 GW of capacity in 2018 — a 24% increase globally…

    [Hydropower, bioenergy, and geothermal energy] increased at much lower rates than wind and solar…[Asia] accounted for 61% of total new renewable energy installations in 2018, with a growth rate of 11.4%. But Oceania had the fastest growth rate at 17.7%, mainly driven by a huge spike in Australian solar capacity…Almost two-thirds of global new power generation capacity added in 2018 came from renewables…[but, since 2000, non-renewable generation capacity has increased] about 115 GW per year on average…” click here for more

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