Renewables Catching Nuclear Power In Global Energy Race

  • 📰 Forbes
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 53%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Renewables are catching nuclear power in the global energy race

The Review separates renewables into two categories called Hydroelectric and Renewables. The former consists of hydropower, which has been around for a long time. Hydropower still produces more electricity globally than the Renewables category, which consists primarily of rapidly-growing wind and solar power, as well as more mature renewable technologies like geothermal power and power produced from biomass.

To put these numbers in perspective, the following graphic shows the global percentage each of the major power sources contributed to electricity generation in 2018:Coal is still the dominant source of electricity around the world, although natural gas has taken over the top spot in the U.S. But, renewables have grown rapidly over the past decade, and are on the cusp of overtaking nuclear globally.

In 2018, nuclear power was responsible for 2,701 Terawatt-hours of electricity generation, compared to 4,193 TWh for hydropower and 2,480 for renewables. In comparison, coal produced more power than all three categories combined. However, the growth rates of the different categories of electricity generation tell a different story. Over the past decade, from 2007 to 2017, global electricity generated by coal grew at an annual average of 1.7%. Nuclear generation over that time actually declined annually by 0.4%, a consequence of the Fukushima Daiichi nuclear disaster in 2011. Hydropower generation grew at an average annual rate of 2.8%. These growth rates are indicative of mature power sources.

What does a 50% average annual growth rate over the past decade look like? Here are the global trends in solar power since 2000:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meet The High-Fashion Model Powering Homes Across Eritrea With Solar Energy(Paid Content) High-fashion model Grace Mahary has walked in major fashion shows across the globe. She's also responsible for powering a full village in Eritrea, Africa.
Source: Refinery29 - 🏆 26. / 68 Read more »