Global renewable power generation grew significantly in 2017

Release time:


Xinhua News Agency, United Nations, June 4 (Reporter Wang Jianguang) international organization "21st Century Renewable Energy Policy Network" released on the 4th of a report shows that in 2017, 70% of the net increase in global power generation from renewable energy power generation, to become the contemporary renewable energy power generation faster growth in the year.  
Released at the United Nations headquarters in New York on the same day, the "2018 Global Renewable Energy Status Report" said that in 2017 the global solar photovoltaic power generation installed capacity increased by 29% over the previous year, reaching 98 gigawatts, solar photovoltaic power generation new installed capacity is greater than the sum of the net increase in installed capacity of coal-fired, natural gas and nuclear power. At the same time, the global wind power installed capacity of 52 gigawatts, but also for the total installed capacity of renewable energy to make an important contribution to the increase.  
According to the report, global investment in renewable energy generation is more than twice as much as investment in fossil fuel and nuclear power generation combined. Investment in renewable energy is characterized by regional concentration, with China, Europe and the United States accounting for nearly 75 percent of total global investment in renewable energy in 2017. However, when measured per unit of GDP, many developing countries invested a much higher proportion of their GDP in renewable energy than developed countries and emerging economies.

  In addition, global energy demand grew by 2.1 percent in 2017, and energy-related carbon dioxide emissions increased by 1.4 percent. The CO2 reductions from renewable energy growth cannot offset the incremental emissions from growing energy demand and continued investment in fossil and nuclear energy. In addition, the transition to renewable energy in the power sector has been slower than expected.