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Renewables 70% of new power

Renewables 70% of new power 11 June 2018

Renewable Power Accounted for 70% of New Power in 2017, but Urgent Action Required in Heating, Cooling and Transport
(via UN Climate News)

Renewable energy accounted for 70% of new global power generating capacity in 2017, the largest increase in renewable power capacity in modern history, according to REN21’s Renewables 2018 Global Status Report (GSR) published today.

It is meanwhile abundantly clear to most people that massively and rapidly scaling up renewable electricity is crucial to meet the central goals of the Paris Climate Change Agreement, which is to hold the global average rise as close as possible to 1.5 degrees Celsius.

However, as the new report points out, the entire power sector and specifically the heating, cooling and transport sectors, must also be transformed for a world to a stand a chance of meeting the Paris goals.

“We may be racing down the pathway towards a 100% renewable electricity future, but when it comes to heating, cooling and transport, we are coasting along as if we had all the time in the world. Sadly, we don’t.”, said Rana Adib, Executive Secretary of REN21.

The fact is that the heating and cooling sectors have seen little change in renewables uptake over recent years. Modern renewable energy supplied about 10% of total global heat production in 2015. National targets for renewable energy in heating and cooling exist in only 48 countries around the world, whereas 146 countries have targets for renewable energy in the power sector.

To achieve 1.5 degrees C, the heating, cooling and transport sectors, which together account for about four–fifths of global energy demand, will need to follow the same path as the power sector – and fast.

Read more via UN Climate News…