BERLIN, GERMANY, November 17, 2008.
The Energy Watch Group study “Renewable Energy Outlook 2030” has come to the conclusion that phasing out the use of fossil and nuclear fuels can be accomplished at a manageable investment level.
By 2030, increasing financial inputs into renewable technologies by between €62 and €124 per capita of the world’s population would make it possible to cover between 17% and 30% of the global demand for electricity and heat using renewable sources.
The study looks into the decrease in technology costs resulting from increased production volume, as well as the assumed individual development of the various world regions.
On this basis, it generates a more optimistic perspective of renewable technologies than the scenarios of the International Energy Agency's “World Energy Outlook” series has, according to the Energy Watch Group.
The study’s main message is that renewables can be extended at much lower costs than many scientists assume. More than half of the electricity demand (54%) and 13% of the heat demand in the OECD countries can be covered from renewable sources by 2030.
Stefan Gsänger, World Wind Energy Association (WWEA) Secretary General, comments: "The Renewable Energy Outlook 2030 unveils a realistic path describing how wind energy and other renewable energy technologies will develop in the coming two decades.
“The study shows that, based on pure economics, wind energy will deliver a lion's share of the global electricity needs in the not too distant future. We congratulate the Energy Watch Group for this analysis which is much more realistic than many other reports and scenarios published so far."
The study “Renewable Energy Outlook 2030” is available for download here.
|
