Thursday, August 11 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Aug 08
Week of Aug 01
Week of Jul 25
Week of Jul 18
Week of Jul 11
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Renewables grow by 1% in a decade in which emissions have grown by 16 points


    June 16, 2022 - CE Noticias Financieras

     

      REN21's GSR 2022 sent a clear warning that "the energy transition is still not happening," making it "unlikely" that the world will meet key climate goals during this decade. What is more: the second half of 2021 has seen the birth of "the biggest energy crisis in modern history, exacerbated by the invasion of Ukraine by the Russian Federation in early 2022 and by an unprecedented global raw materials crisis", which could aggravate the problem. REN21 tells this in its Global Renewable Energy Situation Report 2022, a document in which it examines, as it does every year, the progress of renewable energies worldwide. And that progress is very relative. According to GSR 2022, the global share of renewables in the world's final energy consumption is stagnant (up only from 10.6% in 2009 to 11.7% in 2019), which contrasts sharply with the brutal increase in CO2 emissions that the planet has experienced in the same decade -2009-2019-: +16%.

      CoP26

      The authors of the report point out that, during the preparations for the United Nations Climate Change Conference (COP26), held in November 2021, a record number of 135 countries committed themselves to achieving a net zero level of greenhouse gas emissions by 2050. However, according to REN, only 84 of these countries have renewable energy targets at the global economic level, and only 36 have targets of 100% renewable energy. REN21 also highlights the fact that, for the first time in the history of UN climate summits, the official declaration of CoP26 has mentioned the need to reduce the use of carbon, although it recalls that "it failed to demand precise targets for reducing the use of carbon and fossil fuels".

      Rana Adib, executive director of REN21: "while more governments have committed to achieving net zero greenhouse gas emissions by 2021, in response to the energy crisis, many countries have reverted to seeking new sources of fossil fuels and burning more carbon, gas and oil".

      GSR 2022 data

      In the electricity sector, the real additions of renewable energy capacity (an increase of 314.5 gigawatts, or 17% from 2020) and generation (an increase of 7,793 terawatt hours) fell short of the overall increase in electricity consumption of 6%.

      In heating and cooling, the share of renewables in final energy consumption increased from 8.9% in 2009 to 11.2% in 2019. In the transport sector, where the share of renewable energy rose from 2.4% in 2009 to 3.7% in 2019, the lack of progress is particularly worrying, as the sector accounts for almost a third of global energy consumption.

      One of the report's conclusions is that, "despite multiple new commitments to net-zero emissions, political momentum has not been translated into action.

      4% increase in final energy consumption

      The GSR 2022 makes it clear that meeting countries' pledges to achieve net zero will require "massive efforts", and that the momentum associated with Covid19 has been wasted. Despite significant green recovery measures in many countries, the strong economic rebound - with global gross domestic product (GDP) growth of 5.9% - contributed to a 4% increase in final energy consumption, offsetting the growth of renewables.

      Most of the increase has been eaten up by fossil fuels

      In China alone, final energy consumption increased at a rate of 36% between 2009 and 2019. The increase in global energy use was mostly covered by fossil fuels, resulting in the largest increase in carbon dioxide emissions in history of more than 2 billion tons globally by 2021.

      The end of cheap crude

      The year 2021 will also mark the end of the era of cheap fossil fuels, recording the largest escalation in energy prices since the 1973 oil crisis. By the end of the year gas prices reached a level ten times higher than in 2020 in Europe and Asia, and increased threefold in the United States, resulting in soaring prices in wholesale electricity markets by the end of 2021.

      Ukraine

      The Russian invasion of Ukraine deeply aggravated the energy crisis, triggering an unprecedented shockwave in the commodities sector that weighed on global economic growth, and shook more than 136 countries dependent on fossil fuel imports.

      Rana Adib, executive director of REN21: "The old energy regime is collapsing before our eyes, and with it, the world economy. However, the response to the crisis and climate objectives must not be in opposition. Renewable energies are the best and most affordable solution to deal with energy price fluctuations. We must boost the proportion of renewables and make them a priority in economic and industrial policy. You cannot fight fire with more fire.

      Renewables provide an opportunity for greater energy justice and autonomy, according to REN21

      Threats by the Russian Federation to stop critical exports of natural gas and oil, especially to Europe, underline, according to REN21, "the urgency of the transition to renewable energies". To address the crisis, the European Union and national and local governments have updated clean energy targets and have promoted numerous measures to accelerate the energy transition, "although they also continue to resort to old recipes".

      While some countries, such as the United Kingdom, have announced new taxes on large energy companies, most countries - REN denounces - have at the same time enacted new subsidies for fossil fuels: "the coal, oil and natural gas industries are the main beneficiaries of governments' responses to the energy crisis, gaining both revenue and influence".

      Subsidizing diesel

      The GSR 2022 documents that, despite renewed climate action commitments, governments continued to choose to offer subsidies to fossil fuel production and consumption as the first option to mitigate the effects of the energy crisis. Between 2018 and 2020, governments allocated an impressive amount of money - $18 trillion (7% of global GDP in 2020) - to subsidies for fossil fuels, in some cases while reducing support for renewables (as in India).

      This trend reveals what REN21 considers "a worrying gap between ambition and action" while ignoring "the multiple opportunities and benefits of transitioning to a renewable energy-based economy and society, including the possibility of more diversified and inclusive energy governance through local energy generation and value chains.

      Countries with a higher share of renewable energy in their total consumption enjoy greater energy independence and security.

      "Governments should directly finance the installation of renewable energy technologies in vulnerable households, rather than resorting to fossil fuel subsidies to reduce citizens' energy bills. Despite the initial investment, the renewable energy pathway will be cheaper," said Adib.

      Arthouros Zervos, president of REN21: "We call for short- and long-term targets and plans for switching to renewables, along with clear dates for the end of fossil fuels. The use of renewables must be a key performance indicator in all economic sectors"

      Teresa Ribera, Vice President of Spain and Minister for Ecological Transition and the Demographic Challenge: "Energy transition is our guiding principle. It will enable new economic models and innovative forms of organization, transform value chains, redistribute economic power and model new forms of governance focused on people. With the right technological investments, renewables are the only energy source that offers all countries of the world the opportunity to enjoy greater energy autonomy and security".

      REN21 defines itself as "the only global community that brings together renewable energy stakeholders from science, academia, government, NGOs and industry in all renewable energy sectors".

      This is how REN explains its report

      Our community is the core of our data and reporting culture. All of our knowledge activities, including the Global Renewable Energy Status Report 2022, follow a unique reporting process that has enabled REN21 to be recognized globally as a neutral provider of data and knowledge.

      All documents bearing the REN21 seal are produced following a process based on six pillars:

      ? Develop data collection methods based on a worldwide community of experts from various sectors, which allow access to dispersed data and information that is often not consolidated and difficult to collect.

      ? Consolidate formal (official) and informal (unofficial/non-conventional) data collected from a wide variety of sources in a collaborative and transparent manner (e.g., using a comprehensive reference list).

      Complement and validate data and information in an open peer review process.

      For the first time, the GSR 2022 provides a global map of energy shares by country and highlights the progress of several leading countries. More than 650 experts contributed to GSR 2022, working alongside an international team of authors and the REN21 Secretariat.

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.