Thursday, May 29, 2014

Global:

With Developing World's Policy Support, Global Renewable Energy Generation Capacity Jumps to Record (Exchange Morning Post - News Release)

More than one-fifth of the world's power production now comes from renewable sources.


The number of emerging economy nations with policies in place to support the expansion of renewable energy has surged more than six-fold in just eight years, from 15 developing countries in 2005 to 95 early this year.

Those 95 developing nations today make up the vast majority of the 144 countries with renewable energy support policies and targets in place, says REN21's Renewables 2014 Global Status Report. And the rise of developing world support contrasts with declining support and renewables policy uncertainty and even retroactive support reductions in some European countries and the United States.

Launched at the UN-hosted Sustainable Energy for All in New York (June 4-6), the 2014 report credits support policies with a central role in driving global renewable energy capacity to a new record level last year - 1,560 gigawatts (GW), up 8.3% from 2012. More than one-fifth - 22% - of the world's power production now comes from renewable sources.

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