Product
Supplier
Encyclopedia
Inquiry
Home > News > Valuable News > Green energy accounts for 4% of global energy consumption

Green energy accounts for 4% of global energy consumption

ECHEMI 2020-03-17

The second international green energy development conference was held in Yangzhong City, Jiangsu Province from October 15 to 16. During the conference, China Economic Information Service officially released the annual report on global green energy application development 2018-2019 (hereinafter referred to as the annual report). According to the annual report, the proportion of green energy in global energy consumption has increased steadily, reaching about 4% in 2018, 0.4% higher than that in 2017. At present, the global energy development has entered a new stage, and the energy transformation process characterized by high efficiency, cleanness and diversification has been accelerated. The share of green energy consumption in the total global energy consumption has further increased. The focus of energy investment has shifted to green and clean energy, and the installed capacity of global green energy power generation has continued to grow. Green energy power generation has become the whole industry. The important power of ball power generation. According to the world energy statistics yearbook (2019) released by BP, in 2018, the global consumption of renewable energy (excluding hydropower) increased by 71 million tons of oil equivalent, with a growth rate of 14.5%, slightly lower than the average growth rate of 16.4% in the past decade; the consumption of renewable energy sources (excluding hydropower) accounted for about 4% of global energy consumption, 0.4 percentage points higher than that of 3.6% in 2017.

 

According to the International Renewable Energy Agency (Irena), in 2018, the total power generation capacity of renewable energy (i.e. narrow sense green energy) will reach one third of the total installed power capacity for the first time; by 2050, renewable energy power generation can meet 80% of the global power demand, of which solar photovoltaic power generation and wind power generation will account for 52% of the total power generation capacity. From the perspective of investment, the future development potential of green energy is expected. In 2018, the global investment in renewable energy is far higher than that in fossil fuels, nuclear power and hydropower, accounting for more than 60% of the global total. Data from China's National Energy Administration show that at present, the utilization level of renewable energy in China has improved significantly. In 2018, the national renewable energy power generation reached 1.87 trillion kW · h, an increase of about 170 billion kw · h on a year-on-year basis; the renewable energy power generation accounted for about 26.7% of the total power generation, an increase of 0.2 percentage points on a year-on-year basis. The annual report points out that although the world has made progress in renewable energy utilization, energy efficiency and access to energy, it is not on the track to achieve the Paris Agreement or sustainable development goal 7. In 2018, due to the increase of fossil fuel consumption, the global energy related carbon dioxide (CO2) emissions are estimated to increase by 1.7%, and the global fossil fuel use subsidies are expected to increase by 11% year-on-year. The development of green energy still has a long way to go. Adhering to the mission of "serving the work of economic construction center, serving the national development strategy", China economic information society has been continuously tracking and studying the development trend of green energy field, serving the development and application of green energy.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.