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Gross Heat and Electricity Production from Renewable Sources in Europe: 2000 - 2004 2500000 2000000 1500000 1000000 500000 0 2000 2001 2002 2003 2004 Waste Heat and Heat Pumps Gas from Biomass Solid Biomass Municipal Solid Waste-Non-Renewable Municipal Solid Waste-Renewable Industrial Waste Wind Tide, Wave, Ocean Solar Electric, PV Solar Thermal Geothermal Hydro-Power 6. The Future of Renewables Renewable energy sources (Renewables) will have to play a central role in moving the world onto a more secure, reliable and sustainable energy path. The potential is unquestionably large, but how quickly their contribution to meeting the world’s energy needs grows hinges critically on the strength of government support to stimulate technological advances and make Renewables cost competitive with other energy sources. Government support for Renewables can, in principle, be justified by the long-term economic, energy security and environmental benefits they can bring, though it is essential that support mechanisms are cost-effective. Renewable energy sources can contribute to all forms of energy supply: Heat from solar, geothermal and bio-energy; Electricity from solar, wind, bio-energy, geothermal, hydropower and ocean energy; Bio-fuels and hydrogen from bio-energy and solar. Some of Renewable energy technologies are on the market, some under development and some in the demonstration phase. 23 Gross Heat/Electricity Production, TJPDF Image | Economic Perspectives of Renewable Energy Systems
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