Today our colleagues from REN21 released the “Renewables Global Status Report 2009” which shows, that the fundamental transition of the world’s energyThe ability to perform work, mainly kinetic, potential, thermal energy, but also in forms of gravitational, sound, elastic and electromagnetic energy. markets continues.

This fourth edition of REN21’s renewable energyRenewable energy is power generated from infinite sources, such as wind or solar power. Conventional energy is generated from finite sources, such as natural gas or fossil oil. report comes in the midst of an historic and global economic crisis,” says Mohamed El-Ashry, chairman of REN21. Although the future is unclear, he says, “there is much in the report for optimism.

Renewables Global Status ReportGlobal powerUseful energy can be mechanical energy, for example powering a fan. capacity from new renewable energy sourcesRenewable energy harnesses energy that is available to us infinitely, from sources like wind or lunar energy. (excluding large hydroLarge-scale hydropower plants with a capacity greater than 10 MW.) reached 280,000 megawatts (MW) in 2008 – a 16 percent rise from the 240,000 MW in 2007 and nearly three times the capacity of the United States nuclear sector. Solar heating capacity increased by 15 percent to 145 gigawatts-thermal (GWth), while biodieselA biodegradable transportation fuel for use in diesel engines that is produced through the transesterification of organically- derived oils or fats. It may be used either as a replacement for or as a component of diesel fuel.
Biodiesel is a biosynthetic fuel with similar properties as ...
and ethanolEthanol, also called ethyl alcohol, pure alcohol, grain alcohol, or drinking alcohol, is a volatile, flammable, colorless liquid. Ethanol is abbreviated as EtOH, using the common organic chemistry notation of representing the ethyl group (C2H5) with Et.
Bioethanol is a readily available, ...
production both increased by 34 percent. More renewable energy than conventional power capacity was added in both the European Union and United States for the first time ever.

During 2008, a number of governments enacted new policies, and many countries set ambitious targets. Today, at least 73 countries have renewable energy policy targets, up from 66 at the end of 2007. In response to the financial crisis, several governments have directed economic stimulus funding towards the new green jobsA job that preserves or restores environmental quality. the renewable energy sector can provide, including the U.S. package that will invest $150 billion over ten years in renewable energy.

Developing countries – particularly China and India – are increasingly playing major roles in both the manufacture and installation of renewable energy. For example, China’s total wind power capacity doubled in 2008 for the fourth year running.

For several previous years, the modern renewable energy industry has been viewed as a “guaranteed-growth” sector, and even “crisis-proof” due to the global trends underlying its formidable growth throughout the past decade. In 2008, renewable energy resisted the credit crunch more successfully than many other sectors for much of the year and new investment reached $120 billion, up 16 percent over 2007. However, by the end of the year, the impact of the crisis was beginning to show.

El-Ashry stresses that “now is not the time to relax policies that support a global, expanding renewable energy sector. By maintaining – and expanding – these policies, governments, industry and society will reap substantial economic and environmental rewards when the economic rebound requires energy markets to meet rapidly increasing demand”.

Climate changeClimate change is a lasting change in weather patterns over long periods of time. It can be a natural phenomena and and has occurred on Earth even before people inhabited it. Quite different is a current situation that is also referred to as climate change, anthropogenic climate change, or ... and energy security, two of the main drivers of the renewable energy sector, are still at work. As the REN21 report shows, the renewable energy sector offers an essential path for growth that can stimulate economic recovery and job creation without the burden of increasing carbon emissionsEmissions of greenhouse gases, greenhouse gas precursors, and aerosols associated with human activities, including the burning of fossil fuels, deforestation, land-use changes, livestock, fertilisation, etc. (IPCC).

REN21 published this interesting renewables status report on their website – it’s definetly worth to have a look on it.