Thursday, June 27, 2013

RENEWABLE ENERGIES CONTINUE TO GROW

Renewable energy use gaining worldwide




Renewables like solar and wind represent the fastest-growing source of energy power generation and will make up a quarter of the global power mix by 2018.

In 2016 renewable energy will overtake natural gas as a power source and will be twice that of nuclear, and second only to coal as a source of power.

The growth of renewables -- non-fossil fuels like hydropower, wind, solar, geothermal and bioenergy -- has been bolstered by increased competitiveness compared with conventional energy.

Non-hydro renewable power, mainly wind and solar photovoltaics, is projected to grow from 4 percent of all power generation in 2011 to 8 percent in 2018.
Still there is some uncertainty about long-term government policies that discourages investment; reduced subsidies in some countries due to economic problems; and tough competition from other energy sources, such as the United States, where a boom in shale gas has made that fuel more competitive.

US President Barack Obama's energy and climate proposals were unveiled Tuesday. Obama's polices constitute a clear example of a target that goes beyond the four years of a presidential mandate.

A report released earlier this month warned the world is on track to surpass by more than double the two-degree Celsius warming goal set by the United Nations, unless urgent measures are taken. The recommendations include curtailing coal-fired power stations and phasing out fossil fuel subsidies.

Let's continue the growth in all areas of renewables right here in the USA.


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