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Renewable Energy Continued Growth in 2010 Despite Recession - Green Living Guy
The newly released REN21 Renewables 2011 Global Status Report shows that the renewable energy sector continues to perform well despite continuing economic recession, incentive cuts, and low natural gas prices. Authored by Worldwatch Institute Senior Fellow Janet Sawin in collaboration with a global network of research partners, the report shows that in 2010, renewable energy supplied an estimated 16% of global final energy consumption and delivered close to 20% of global electricity production. Renewable capacity now comprises about a quarter of total global power-generating capacity. Including large and small hydropower (an estimated 30 GW added in 2010), renewable energy accounted for approximately 50% of total added power-generating capacity in 2010. In 2010, existing solar water and space heating capacity increased by an estimated 25 gigawatts-thermal (GWth), or about 16%.