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2012 Renewables Global Status Report Released (Download available)

First released in 2005, REN21’s Renewables Global Status Report (GSR) has grown to become a truely collaborative effort of over 400 authors, contributors and reviewers, and is today the most frequently referenced report on renewable energy market, industry and policy trends.

It provides testimony of the undeterred growth of electricity, heat, and fuel production capacities from renewable energy sources, including solar PV, wind power, solar hot water/heating, biofuels, hydropower, and geothermal. Complementary country information can be viewed on www.map.ren21.net.

The 2012 edition of REN21’s Renewables Global Status Report (GSR) was launched on 11 June together with its sister publication UNEP’s Global Trends in Renewable Energy Investment (GTR).

The findings in the 2012 GSR speak to the cumulating effect of steady growth in renewable energy markets, support policies and investment over the past years. In 2011:

– Renewable sources supplied 16.7 % of global final energy consumption where the share of modern renewables increased while the share of traditional biomass slightly decline

– 118 countries implemented RE targets with more than half in developing countries

– Investment in renewables increased 17% to a record $257 billion, despite a widening sovereign debt crisis in Europe and rapidly falling prices for renewable power equipment

– Photovoltaic module prices dropped by 50% and onshore wind turbines by close to 10% bringing to price of the leading renewable power technologies closer to grid parity with fossil fuels such as coal and gas.

These are just a few of the trends found in the GSR 2012 that illustrate the significant and rapidly growing share of renewables in energy markets, industrial policy and investments, moving renewable beyond “niche” status.

The 2012 GSR places a special focus on rural renewable energy by highlighting the main trends in Africa, Asia and Latin America. The perspectives provided in the GSR are further detailed in the REN21 Renewables Interactive Map, where country specific renewable energy developments are highlighted. (REN21 Press Release)

Download the 2012 GSR:

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Photo: Christine Lins, Executive Secretary of REN21 (Renewable Energy Policy Network for the 21st Century) talks about the policy landscape for Renewable Energy during the launch

of the 2012 Global Renewable Energy Status Report held at Oakwood Premier Joy-Nostalg Center in Ortigas Center, Pasig. (Photo by Gigie Cruz/iCSC)