Overview of the status of renewable energy policy Click Third and level to market edit development Master title worldwide style Christine Lins Executive Secretary of REN21 Click to edit Master subtitle style christine.lins@ren21.net www.ren21.net Washington DC, 25/04/2013 4/24/2013 1
About REN21 NGOs: IIASA, ISES, SANEDI, TERI, etc. CURES, GFSE, Greenpeace, ICLEI, ISEP, Fourth level JREF, WCRE, WRI, WWF, etc. Industry Associations: ACORE, ARE, CEC, CREIA, EREC, GWEC, IGA, IHA, WBA, WWEA, etc. A Multi-stakeholder Policy Network grouping Science & Academia: International Organisations: ADB, EC, GEF, IEA, IRENA, UNEP, UNIDO, UNDP, Worldbank etc. National Governments: Brazil, Germany, Denmark, Norway, India, Spain, UAE, UK, Uganda, etc. www.ren21.net 4/24/2013 2
REN21 Renewables Global Status Report Launched along with UNEP s Global trends in RE investment Team of over 500 Contributors, researchers & reviewers worldwide The report features: Global Market Overview Industry Trends Policy Landscape Rural Renewable Energy All renewable energy technologies Sectors: power, heating/cooling, transport New elements in 2013: Feature on system transformation Coming soon: 12/6/13 www.ren21.net/gsr 4/24/2013 3
Renewable Energy in the World Nuclear: 2.5% Fossil Fuels: 79.1% Renewable Energy 18.0% Traditional Biomass (9.6%) Modern Biomass (3.7%) Biofuels (0.8%) Wind (0.3%) Solar (0.2%) Biogas (0.2%) Geothermal (0.2%) Waste (0.1%) Marine (< 0.01%) Hydro (3.1%) Source: IEA RE supplied an estimated 18% of global final energy consumption UN Secretary General s goal : doubling the share of renewable energy in the global energy mix by 2030 Renewable energy continued to grow strongly despite policy uncertainty in some countries, the geography of renewables is expanding as prices fall and policies spread 4/24/2013 4
Global Market Overview Power Markets Renewables accounted for nearly half of the estimated 208GW of new electric capacity installed in 2011 Renewable energy comprised more than 25% of global power generation capacity 20.3% of global electricity was produced from renewable energy In 2011, new renewable capacity installed comprised: - wind (almost 40%) - solar photovoltaics (PV) (almost 30%) - hydropower (nearly 25%) 4/24/2013 5
New annual power capacity added in EU in 2012: 70 % renewable based Click to edit Master title style Source: EWEA www.ren21.net 4/24/2013 6
Solar Power Click to edit Master title style 30GW of new solar PV capacity came into being in 2012 Global cumulative installed solar photovoltaic (PV) capacity has surpassed 100 GW in 2012, achieving just over 101 GW Prices of solar PV modules fell by more than 40 % in 2011 and by another 20 % in 2012 REN21 Global Renewable Energy Development www.ren21.net 4/24/2013 7
Wind Power Click to edit Master title style In 2012, more than 40 GW of wind power capacity were installed, increasing the global total to 282 GW. 2012 can be characterized as record year for US installations and a slower market in China. Asia still led global markets, but with North America a close second, and Europe not far behind. www.ren21.net 4/24/2013 8
Concentrating Solar Thermal Power (CSP) Click to edit Master title style March 2013: Opening of Shams 100 MW CSP installation in the United Arab Emirates which makes it the largest parabolic trough power station in the world End of 2012: start of construction of 160 MW of CSP installation in Ourzazate in Morocco 4/24/2013 9
Global Market Overview Heating & Cooling Transition towards the use of larger Second systems, level increasing use of CHP and district schemes. Growing trend Fourth to use level solar resources to generate process heat for industry. Click to edit Master title style Solar hot water used in over 200 million households and commercial buildings. Click to edit Master subtitle style 4/24/2013 10
Industry Trends Click to edit Master c title style RE industry saw continued growth in manufacturing, sales and installation Cost reductions (especially in PV and onshore wind) contributed to growth Changing policy landscape Fourth level in many countries industry uncertainties, declining policy support, international financial crisis and barriers to trade Click to edit Master title style Click to edit Master subtitle style Worldwide jobs in renewable energy industries exceeded 5 million in 2011; clustered primarily in bioenergy and solar industries. 4/24/2013 11
Investment Flows Renewable Energy Investment Clean Energy Investment 34% -2% 16% $191bn $187bn 45% $164bn 20% -11% $302bn $269bn $251bn $54bn 48% $80bn 43% $114bn Source: UNEP/Bloomberg: Global Trends in Renewable Energy Investment 2011 2004 2005 2006 2007 2008 2009 2010 2011 2012 Source: Bloomberg New Energy Finance 4/24/2013 12
TOP 15 Countries for New Investment in Clean Energy in 2012 and % change on 2011 Click to edit Master title style 4/24/2013 13
US Annual Clean Energy Investment & Capacity Additions Click to edit Master title style 4/24/2013 14
Policy Landscape Click to edit Master title style Click to edit Master title style Targets in 120 countries; more than half are developing countries. Renewable power generation policies remain the most common type of support policy; Click FIT to policies edit were Master in place in subtitle at least 65 countries style and 27 states worldwide by early 2012 Some setbacks resulting from a lack of long-term policy certainty and stability in many countries GSR provides a comprehensive policy table giving an overview of applied instruments worldwide on a country-by-country basis www.ren21.net 4/24/2013 15
Three complementary goals by 2030: http://www.sustainableenergyforall.org 4/24/2013 16
Keep informed Subscribe to the REN21 Newsletter (4 issues per year) www.ren21.net 4/24/2013 17