Renewables Are "Bright Spot" in Bleak Low-carbon Outlook (Renewable Energy World)
In New Delhi the International Energy Agency (IEA) revealed the latest figures from its annual report on global progress towards a low-carbon future. The agency addressed its report to a meeting of the Clean Energy Ministerial, a group of ministers representing nations that collectively emit four-fifths of global greenhouse gases.
Geothermal generation grew by over 19 TWh from 2000 to 2011 (+2.9%
annually), to over 70 TWh. Generation costs from high-temperature geothermal resources are competitive with fossil fuels, and medium-term projections see generation rising to 90 TWh in 2017, but development is trailing the 2DS objective of 150 TWh, because of risks associated with well exploration. Geothermal represents a significant portion of electricity production in Iceland (27%), El Salvador (26%), Kenya (19%) and the Philippines (15%). The United States, Indonesia and the Philippines have the largest installed capacity and most medium-term development is expected in these areas. In Japan, the government has approved development in parts of national parks, bringing total exploitable potential to 12 GW.
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