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The future energy landscape


The pace of development in the renewable energy market in recent years has gained increasing momentum with the evolution of policy frameworks in both developed and emerging nations and change across the industry at all levels.


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The 2013 Renewables Global Status Report, published by the Renewable Energy Policy Network for the 21st


Century (REN21),


identified Asia, Latin America, the Middle East and Africa as key markets embracing investment in renewables technology, with the Middle East and North Africa (MENA) region and South Africa, in particular, setting ambitious new targets in 2012. Leading renewable power capacity at the end of 2012 were Brazil, Canada, China,


Germany and the US, with the BRIC nations accounting for 36% of total global renewable power capacity and almost 27% of non-hydro renewable capacity. The European Union (EU) had the most non-hydro capacity at the end of 2012, with around 44% of the global total. In 2011, renewable energy contributed an estimated 19% to global final energy consumption while total renewable power capacity worldwide hit more than 1,470 gigawatts in 2012, representing an 8.5% increase on the previous year. According to the REN21 report, wind power continues to lead the way, accounting for around 39% of global renewable power capacity followed by hydro and solar power with 26% apiece, with markets, manufacturing,


Sector shift


Renewables made up just over 50% of total net additions to electric generating capacity from all sources in 2012, comprising more than 26% of global generating capacity at year-end and supplying an estimated 21.7% of global electricity.


Rising demand in the heating and cooling


sector, which offers a largely untapped opportunity for the deployment of renewable energy solutions, is leading to measured sector evolution through policy enactment as heat from modern biomass, solar, and geothermal sources represents an increasingly


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As global demand for renewable energy continues its upward trajectory, the REN21 2013 Global Status Report provides evidence of this rapid development.


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and investment has shifted increasingly towards developing countries since 2012.


significant portion of the energy derived from renewables.


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Following several years of fast-track growth, biodiesel production continued its expansion mode in 2012, albeit at a slower rate. Gaseous biofuels are also starting to be used to power vehicles while initiatives to link electric transport systems with renewable energy are also on the increase.


C.M.Y.K Policy effect


At least 138 countries had renewable energy targets in place by the end of 2012. In early 2013, renewable energy support policies were identified in 127 countries, more than two- thirds of which are developing countries or emerging economies.


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