Renewable Energy to Double or Triple in 6 Years

 

In 2016, electrical generation will largely come from renewables, according to the International Energy Agency’s (IEA) Medium-Term Renewable Energy Market Report. Solar and wind will surpass natural gas, doubling nuclear output and coming in second only to coal in power generation.

 

Global renewable electricity generation is expected to grow from 4,860 terawatt-hours in 2012 to 6,850 terawatt-hours in 2018. In fact, wind generation is expected to double globally, while solar will more than triple from 100 terawatt-hours to 358 terawatt-hours.

 

“In the U.S., solar capacity is expected to more than quadruple, from 7.7 gigawatts to 31 gigawatts, and wind capacity is expected to nearly double, from 58.8 gigawatts to 93 gigawatts.”

 

For more information and an analysis of the report, visit Green Tech Media.

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.