Renewable Energy Will Exceed Natural Gas Use Worldwide By 2016



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Waking Times

A new report from the International Energy Agency (IEA), stating that global power generation from hydro, wind, solar and other renewable sources will exceed that of gas and be twice that of nuclear by 2016, is receiving widespread news coverage.

Renewable power is expected to increase by 40 percent in the next five years, according to the IEA’s second annual Medium-Term Renewable Energy Market Report launched last Wednesday in New York.

Steve Sawyer, secretary general of the Global Wind Energy Council (GWEC), speaking from the Asia Clean Energy Forum in Manila, said that the IEA’s medium-term projections for the growth of wind energy are more or less in line with GWEC’s.

“This excellent snapshot of the global renewables market and shows that a renewable energy future is not only possible, but we are getting there—and faster than many think.”