Thursday 8 July 2010

Europe’s renewable electricity generation nearly hits 20%

Last year, just shy of 20% of Europe’s total electricity consumption came from renewable sources, according to the latest figures from the European Commission
The findings, which indicate that renewables accounted for 62% of newly installed generation capacity in 2009, give grounds for “cautious optimism” says the JRC.

Overall, hydropower still makes up the single largest share at 11.6% of Europe’s total electricity consumption, followed by wind (4.2%), biomass (3.5%) and solar (0.4%).

But in newly installed capacity, wind (37.1%) and solar photovoltaics (21%) clearly lead the way, with biomass (2.1%), hydro (1.4%) and concentrated solar power (0.4%) trailing behind
If current growth rates continue, all renewables could meet up to 35-40% of total consumption in Europe by 2020, generating around 1400 TWh.

The UK plan highlights offshore wind and marine energy as key areas of development, along with support measures such as feed-in tariffs, renewable heat incentives and the Green Investment Bank to ensure the country meets its target of 15% renewables by 2020.

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