Last week the UNEP released its 2015 data and it largely corresponds to the BNEF data we saw a few months ago. $286billion was spent globally to build renewable energy, which is more than double the total investment in oil & gas. Renewable energy now accounts for 10.3% of globally energy (excluding large hydro). WaPo makes a good point that we need to move faster because the world still installed 43GW of coal. The last 5 years was a coal replaced by NatGas cycle but hopefully we enter the phase where we skip that step and just go fossil to renewable.
- Vox: Wind and solar are growing at a stunning pace (just not enough to stop climate change)
- CleanTechnica: 21% Solar PV Learning Curve To Continue, Report Projects
- Solar Power World: 7 cool solar installations at U.S. airports
- Energy Collective: EIA Reviews and Enhances Data and Projections for Wind and Solar Electricity
- Greenbiz: The new clean energy powers: Europe slides, developing nations surge
- Republican Herald: Rooftop solar becomes political football
- Wall Street Journal: Solar-Panel Installers Face Clouded Future
- San Jose Mercury News: Stanford Solar Vehicle team reeling over lost VW sponsorship
Opinion
Have a great day!
Yann