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Report: growth in renewables not fast enough

International Energy Agency report says global targets are missed

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International Energy Agency says efforts to meet renewable energy deadlines are failing. (Getty Images)
International Energy Agency says efforts to meet renewable energy deadlines are failing. (Getty Images)

The International Energy Agency has released its inaugural Clean Energy Progress Report, which is designed to assess global deployment of clean energy technologies and provide recommendations to countries on future action and spending.

Presented in Abu Dhabi at the Clean Energy Ministerial Meeting, the report has found that while good progress has been made in the development of clean energy technologies in recent years, the success stories are being overshadowed by surging demand for fossil fuels, which are outstripping deployment of clean energy technologies.

Ambassador Richard Jones, Deputy Executive Director of the International Energy Agency, presented the report to the ministers gathered in Abu Dhabi, saying that the world’s dependence on fossil fuels is posing short-term risks to political stability and economic activity and is threatening environmental sustainability.

“Despite best efforts, the world is coming ever closer to missing targets that we believe are essential for meeting the goal agreed in Cancun to limit the growth in global average temperatures to less than two degrees Celsius,” he said.

“A number of countries have shown that achieving rapid transition to cleaner technologies is possible, and can be done from the bottom up. We must see more ambitious, effective policies that respond to market signals while providing long-term, predictable support,” Jones said.

The report also cites solar and wind power as two areas where remarkable developments have been made, indicating that in the solar market, at least ten countries now have sizeable domestic markets, up from just three in 2000. It also shows that wind power has experienced dramatic growth in the last decade, with installed worldwide capacity at the end of 2010 around 194 gigawatts – more than ten times the 17 gigawatt capacity in 2000.

Despite this however, renewable electricity has grown by 2.7 per cent a year since 1990, falling short of the three per cent target.
 

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