The release of adamning reportfrom the Intergovernmental Panel on Climate Change this hebdomad predicting unprecedented mood disaster within the next decade was no doubt a sobering admonisher of the thin state of our planet . But fresh forecast from the International Energy Agency ( IEA ) for the future of worldwide renewable energy mental ability offers a far more hopeful picture , presage a massive spike in neat energy over the next five years — if , that is , necessary policy and regulating are move upon now .
In an October 8press releaseon its Renewables 2018 report , the IEA highlighted modern bioenergy — which theInternational Renewable Energy Agencydescribes as include smooth biofuels produced from plants , biogas raise by anaerobiotic digestion , and wood shot heating system , which is ofparticular importancefor industry — as having the potency for the big growth in renewable resources between now and 2023 . The IEA also noted the grandness of modern bioenergy in develop “ a full-bodied renewable portfolio and ensuring a more secure and sustainable energy system . ”
“ Modern bioenergy is the overlooked colossus of the renewable energy area , ” the IEA ’s executive managing director Dr. Fatih Birol said in a affirmation . “ Its share in the world ’s entire renewables wasting disease is about 50 % today , in other words as much as hydro , malarky , solar and all other renewables combined . We anticipate modern bioenergy will continue to conduce the field , and has huge prospects for further growth . ”
What ’s more , Bloombergreported Sunday that one prognosis scenario from the report could see “ as much as an extra 1.3 terawatts of unclouded free energy ” being instal by 2023 . Part of this betoken renewable energy godsend is thanks to solar might , for which the Renewables story states :
Solar PV capacity is forecast to blow up by almost 600 GW – more than all other renewable power engineering combine , or as much as twice Japan ’s full capacity , reaching 1 terawatt ( TW ) by the end of the forecast full point . Despite recent insurance policy change , China remains the infrangible solar PV leader by far , hold in almost 40 % of world-wide put in PV capacity in 2023 . The United States stay the second - orotund growth market for solar PV , followed by India , whose capacity quadruples . [ sic ]
If all this sounds great , the report does underscore the importance of “ appropriate policies and marketplace design ” as paramount to the success of continued renewable Energy Department ontogenesis . As Birol note in his statement on the report , “ [ T]he right policies and rigorous sustainability regulations will be essential to touch its full potential . ”
Gizmodo reached out to IEA for comment and will update this report should we hear back .
[ BloombergviaIEA ]
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