A new United Nations-backed report has revealed overwhelming consensus that renewable power will dominate in the future, with many experts saying that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity.
“[The report] is meant to spur discussion and debate about both the opportunities and challenges of achieving a 100 per cent renewable energy future by mid-century,” said Christine Lins, the Executive Secretary of Renewable Energy Policy Network for the 21st Century (REN21) – a global renewable energy policy multi-stakeholder network hosted by the UN Environment Programme (UNEP).
“Wishful thinking won’t get us there; only by fully understanding the challenges and engaging in informed debate about how to overcome them, can governments adopt the right policies and financial incentives to accelerate the pace of deployment,” she added.
At a press conference at UN Headquarters today, Ms. Lins said that 2016 was the third year in a row where the global economy continued to grow, by three per cent, but emissions related to the energy sector decreased. And that was mainly due to renewable energy and efficiency investment in China and in the United States.
“And so, we actually really see that renewables are, on the one hand making their way into the energy systems of many countries, but also we see that we have come a long way. We have a 20 per cent of the world’s final energy consumption nowadays coming from renewables,” she added.
The Renewables Global Futures Report: Great debates towards 100 per cent renewable energy also noted that more than 70 per cent of the experts expressed that a global transition to 100 per cent renewable energy is both feasible and realistic, with European and Australian experts most strongly supporting this view.
The report also found that similar number expected the cost of renewables to continue to fall, beating all fossil fuels within the next ten years.
Noting some challenges in achieving the 100 per cent transition, the report mentioned that in some regions, most notably Africa, the US and Japan, experts were sceptical about reaching that figure in their own countries or regions by 2050, largely due to the vested interests of the conventional energy industry.
Also, the lack of long-term policy certainty and the absence of a stable climate for investment in energy efficiency and renewables hinder development in most countries, read the report.
“When REN21 was founded in 2004, the future of renewable energy looked very different than it does today,” noted Arthouros Zervos, the Chair of REN21, adding: “at that time, calls for 100 per cent renewable energy were not taken seriously, today the world’s leading energy experts are engaged in rational discussions about its feasibility, and in what time frame.”
The REN21 report is based on interviews with 114 renowned energy experts from all regions of the world.
In addition to governments, REN21 also includes international organizations, industry associations, science and academia and the civil society, as well as UN agencies including the UN Development Programme (UNDP) and United Nations Industrial Development Organization (UNIDO).
The Anthem of the Energy Crisis
The world has been in any energy crisis for generations now, at least. Mankind has used and used and depleted the Earth’s non-renewable energy resources and it has now become difficult to provide humanity with the energy that it demands. Consequently, work on alternative sources of energy has been made which includes the work on renewable energy like solar for almost 4 decades now. This article discusses how solar energy is the cleanest source and the fluctuation in its pricing recently.
Renewable Energy World
Energy conservation is a topic that is close to almost everyone’s hearts today. We are just beginning to realize how fast we will run out of non-renewable sources of energy like coal and water. As a consequence, alternate forms of energy are constantly being experimented with and tested on in order to provide mankind with energy for the coming generations. While this debate was opened many, many years ago, we also decided to consider renewable sources of energy like wind and sun energy. These forms of energy were expensive back in the 70s, but over the following years, seeing the energy crisis that the world is going into, these alternate forms of energies have gone down in terms of pricing. Statistics tell us that the pricing of solar energy has gone down from $150/Watt in the 1970s to 60 cents/watt today. That is a huge drop which allows us to envision using solar panels and actually making a difference in the world.
Advantages Of Renewable Energy
If you live in a part of the world that sees sunny days almost 80 to 90 percent of the 365 days of a year, then using solar energy can save us big costs and also help us conserve energy. Sustainable energy solutions are being worked on every day now and their utility is completely relevant to the lifestyles of most people. Furthermore, the project of solar energy increased employment in the U.S. in the recession of 2007. Companies hired new people to install panels and some trained older employees to install them and work with them. An advantage of solar energy is that it is installed right where it is needed. This means that it eliminates the need for electrons to travel for miles an hour, losing 6 percent of their total efficiency in the travel process. This was also better because it was providing more energy than the other sources. The best about solar energy is that it is absolutely clean to use and that anyone can maintain and fix it for themselves, even though there are many solar light suppliers present.
Solar energy systems home may still be expensive to buy and install but what many companies have come up with is more of an installment plan where you make one big payment and keep on paying small amounts every month. The world needs solutions for the energy crisis and solar power and wind power seems to be the solution we are looking for. Houses and offices can easily be powered by solar energy and because there is hardly any wastage, this form of energy is also more efficient compared to hydrothermal or hydroelectric. With such astonishing statistics, the number of solar light suppliers has increased in the recent years and these firms are also working on sustainable solutions for humanity. While there is a competition in alternative energy, including wind energy, biomass and geothermal and they are being effectively used to solve the energy crisis, solar energy remains unparalleled and demands to be invested in and it is important to learn how do we use solar energy.