07 Jul '12, 7am

IEA Forecasts 40% Growth in Renewable Power Generation in Next 5 Years

Hydropower continues to account for the majority of renewable generation and it registers the largest absolute growth (+730 TWh) of any single renewable technology over 2011-17, largely driven by non-OECD countries. Non-hydropower renewable technologies continue to scale up quickly. Between 2011 and 2017, generation from these technologies increases by over 1 100 TWh, with growth equally split between OECD and non-OECD countries. Onshore wind, bioenergy and solar PV see the largest increases, respectively, in generation after hydropower. Offshore wind and CSP grow quickly from low bases. Geothermal continues to develop in areas with good resources. Ocean technologies take important steps towards commercialization.

Full article: http://cleantechnica.com/2012/07/07/iea-forecasts-40-grow...

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