Renewables Global Status Report 2020 by REN 21

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Renewables Global Status Report - REN21

Key Finidings: gsr_2020_key_findings_en.pdf (ren21.net)

01 GLOBAL OVERVIEW Renewables grew rapidly in the power sector, while far fewer advances have occurred in heating and transport

BUILDINGS Renewables were the fastest growing energy source in buildings, yet this increase was limited by lack of policy support

TRANSPORT Despite gains in energy efficiency and continued growth in both biofuels and electric vehicles (EVs), transport remains the sector with the lowest share of renewable energy

INDUSTRY The share of renewables in industrial energy use remains small, particularly in sectors that require high process temperatures

POWER The renewable power sector experienced record-high increases in installed capacity, outpacing net installations in fossil fuel and nuclear power combined.

THE REMARKABLE RISE OF RENEWABLE POWER

Momentum of renewable power continues Renewable energy has cemented its position as the dominant source for power capacity worldwide, thanks in large part to sustained policy support and cost reductions. In 2019, a record 200 gigawatts (GW) of renewable power capacity was added, more than three times the level of fossil fuel and nuclear capacity.

Over 27% of global electricity now comes from renewables, up from 19% in 2010. The share of solar photovoltaic (PV) and wind power has grown more than five times since 2009 – a remarkable rise attributed largely to continued cost declines for these technologies.

New solar PV and wind plants are now being installed at a lower cost than to run existing coal and gas power plants. An increasing number of jurisdictions have shown that variable sources of renewable electricity can be integrated into the grid at scale. Four countries – Denmark, Uruguay, Ireland and Germany – derived more than 30% of their electricity from solar PV and wind in 2019

 

Who we are - REN21 Renewable energy for the 21st Century

REN21 is the only global renewable energy community of actors from science, governments, NGOs and industry. We provide up-to-date and peer-reviewed facts, figures and analysis of global developments in technology, policies and markets. Our goal: enable decision-makers to make the shift to renewable energy happen – now.

Position: Co -Founder of ENGAGE,a new social venture for the promotion of volunteerism and service and Ideator of Sharing4Good

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