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SUSTAINABLE WORLD ENERGY OUTLOOK

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SUSTAINABLE WORLD ENERGY OUTLOOK ( sustainable-world-energy-outlook )

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Achieving this transition relies on addressing key energy issues such as access to modern energy services, security of supply and the sustainability of the energy mix. Environmental degradation, increasing energy demand, and unsustainable resource use are critical challenges that must be addressed. Renewable energy will play an essential role in advancing sustainable development by improving the access of millions to energy, whilst helping ensure energy security, and mitigating the existential risk of climate change by reducing emissions. The benefits associated with renewable energy are influencing how countries meet their energy needs, the increase in policies and investment globally attests to this.This growth in the uptake of renewable energy - the “Silent Revolution” - is playing out across the globe: over the last decade 430,000 MW of renewable energy capacity has been installed, with global total investment reaching a record $ 257 billion in 2011, a year in which renewable energy became a trillion dollar industry, and the cost of modern renewable energy technologies continued to fall. Accelerating the “Silent Revolution” globally requires greater levels of commitment and cooperation to develop enabling policy, combined with practical business solutions. To enable this, policy makers, scientists and businesses require access to up-to-date, relevant and reliable data. Scenarios are a helpful aid for decision making, by mapping out the complex issues and information that must be considered. Through its investigation of issues surrounding the future of energy, the Global Energy [R]evolution 2012 makes an invaluable contribution to informing global decisions-makers. The Global Energy [R]evolution publication provides an important complement to IRENA’s efforts to provide knowledge and know-how, and to facilitate the flow of information encouraging the deployment of renewables. Therefore, it is with pleasure that IRENA welcomes this fourth edition of the Global Energy [R]evolution scenario, and the contribution the European Renewable Energy Council and Greenpeace have made to the vital debate on transitioning the world to a more secure and sustainable energy future. Adnan Z. Amin DIRECTOR-GENERAL INTERNATIONAL RENEWABLE ENERGY AGENCY JULY 2012 5 key results energy [r]evolution scenario 74 employment 6 projections 188 7 the silent revolution – past & current market developments 198 8 energy resources and security of supply 208 9 energy technologies 231 energy efficiency - more with less 260 11 transport 275 12 glossary & appendix 291 © MARKEL REDONDO/GREENPEACE 10 5

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