13 Aug '12, 4pm

Distributed-gen #renewable #energy to triple over next five years [REPORT] #solar

The centralized model of power generation, transmission and distribution is growing more and more costly to maintain at current levels, let alone to expand in order to meet the rising electricity needs of growing populations, according to a new report from Pike Research , a part of Navigant's Energy Practice. Renewable distributed energy generation sources such as distributed solar PV, small wind power and stationary fuel cells, which have less need for transmission and little to no emissions, are uniquely positioned to disrupt this traditional paradigm. Distributed renewable installations today represent far less than 1% of total worldwide electricity generating capacity, but they will expand rapidly over the next half-decade, the report predicts. Annual worldwide installations of renewable distributed generation will nearly triple between 2012 and 2017, reaching 63.5 GW ...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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