The Big Dogs In Global New Energy Barking

Which Renewable Energy Source Has the Most Global Growth? Len Calderone, August 18, 29020 (AltEnergyMag)

“Population growth and increased urbanization [will drive an estimated 55% growth in] global energy needs within the next decade…[Renewable energy will play an increasing role,] led by solar with an annual growth rate of 34%, followed by wind at 24%... Solar and wind can be installed quickly, getting power to areas where it is critically needed…[without] expensive electric plants and power lines…We are familiar with roof top panels and solar fields that contain hundreds of solar panels…China, the U.S., India and Japan will continue to dominate solar demand. The number of countries installing 1 gigawatt or more annually will grow from nine to 14…

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Wind energy has developed into a competitively priced resource in many markets around the world. Wind-generation capacity onshore and offshore has increased in the past two decades, jumping from 7.5 gigawatts in 1997 to some 564 GW by 2018…[In] 2016 wind energy accounted for 16% of the electricity generated by renewables. Many parts of the world have strong wind speeds…Worldwide, the available wind energy ranges from 300 TW to 870 TW. At 300 TW, just 5% of the available wind energy would supply the world’s energy needs. Most of this wind energy is can be found over the ocean…[Offshore wind farms] are considered to be constant and stronger than onshore farms…” click here for more

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