Polaris solar PV net news: the International Energy Agency (IEA) latest report showed that last year’s series of events, global energy sector faces long-term instability factors had increased. This report, titled World Energy Outlook 2014 (WEO-2014) report is expected in 2040, global primary energy demand grew by 37%, when global energy system will come under more pressure. Global market demand for coal and oil will be in 2040, it plateaued. At the same time, benefiting from government subsidies (in 2013, amounting to us $ 120 billion) and continued to fall in the cost of renewable energy technologies are expected to quickly host computer.
Reports claim that in 2040, the patterns of global energy supply is divided into four almost equal sections: low-carbon energy (nuclear and renewables), petroleum, natural gas and coal.
Renewable energy is expected to become the world’s biggest power generation energy
“With our continuing development and transformation of global energy systems, increasingly show signs of urgency. “The IEA Executive Director MariavanderHoeven said,” However, the US renewable energy sector is expected to be more ‘ powerful ‘, is expected to become the world’s biggest power generation–incredible, but had early clues. ”
Wind turbine and solar PV integration challenges
IEA were upbeat about the prospects for renewable energy, 2040 is expected to add half of electricity generation from renewable sources, coal ranked first in the global energy “throne”, of which the largest proportion of wind power, followed by hydropower and solar power.
The next 20 years, renewable energy is expected to quickly host
However, the report pointed out that, although wind and solar PV hybrid system generating capacity has quadrupled, but the integration still faces technical and market challenges.
Original title: IEA:2040 first year renewable energy is expected to displace coal in the world throne