World saw largest rise in renewable energy capacity in 2017: Report
New Delhi, June 4: Renewable power accounted for 70 per cent of net additions to global power generating capacity in 2017, the largest such increase in modern history, a report said on Monday.
But the heating, cooling and transport sectors, which together account for about four-fifths of global final energy demand, continue to lag far behind the power sector.
According to the REN21's Renewables 2018 Global Status Report, solar photovoltaic (PV) capacity reached record levels.
Solar PV additions were up 29 per cent relative to 2016, to 98 GW. More solar PV generating capacity was added to the electricity system than net capacity additions of coal, natural gas and nuclear power combined, said the report.
Wind power also drove the uptake of renewables with 52 GW added globally.
Investment in new renewable power capacity was more than twice that of net, new fossil fuel and nuclear power capacity combined, despite large, ongoing subsidies for fossil fuel generation.
More than two-thirds of investments in power generation were in renewables in 2017 owing to increasing cost-competitiveness and the share of renewables in the power sector is expected to only continue to rise.
China, Europe and the US accounted for nearly 75 per cent of global investment in renewables in 2017.
However, when measured per unit of gross domestic product (GDP), the Marshall Islands, Rwanda, the Solomon Islands, Guinea-Bissau, and many other developing countries are investing as much as or more in renewables than developed and emerging economies.
Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years.
In the power sector, the transition to renewables is under way but is progressing more slowly than is possible or desirable.
A commitment made under the 2015 Paris climate agreement to limit global temperature rise to "well below" 2 degrees Celsius above pre-industrial levels makes the nature of the challenge much clearer.
If the world is to achieve the target set in the Paris agreement, then heating, cooling and transport will need to follow the same path as the power sector and fast, the report warned.
Small changes are underway. In India, for example, installations of solar thermal collectors rose approximately 25 per cent in 2017 as compared to 2016.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
England sticking with Key, McCullum and Stokes despite Ashes humbling
London (AP): England is not sacking anybody following the 4-1 Ashes loss in Australia.
A review of the tour by the England and Wales Cricket Board, announced within hours of the final match in January, was concluded on Monday. Firing people would “be the easy thing to do,” ECB chief executive Richard Gould said but he insisted, "This is not the time to throw everything out."
Managing director Rob Key, coach Brendon McCullum and captain Ben Stokes kept their jobs after the best England side to go to Australia in 14 years lost the Ashes in 11 days with two games to spare.
“Moving people on can sometimes be the easy thing to do. That's not the route that we're going to take,” Gould said. “I've seen the driving ambition and determination that we're lucky enough to have within our leadership group to take the lessons from the Ashes and move forward.”
Gould previously was the chief executive of Bristol City soccer club and said the ECB would not follow the same route as soccer's hire-and-fire culture.
“Cricket is a very unique sport in that it takes a team of leadership ... it's not like football where there's a single point of failure or success with a manager," he said. He added the ECB would not “select or deselect management based on a popularity campaign.”
The main criticisms of England's tour were poor preparation, player misbehavior, and selection mistakes.
At a press conference at Lord's, Gould and Key said McCullum and Stokes have not had a “bust up,” they did not want McCullum to “completely change” but “to evolve,” the behavior of some players was “unprofessional,” there will be more consequences for underperforming, and a commitment to “better long-term planning” ahead of major test series.
Some changes were already implemented for the Twenty20 World Cup, where England reached the semifinals. Gould implied that performance saved McCullum.
Key acknowledged that England supporters would be disappointed to see the management team go unpunished.
“I know people want punishment and that people then should be sacked for that,” Key said. “That doesn't mean we don't feel like we've gone through some serious pain: Brendon, myself, Ben. It's been as tough a time as I think I've had.”
