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WORLD ENERGY [R]EVOLUTION A SUSTAINABLE WORLD ENERGY OUTLOOK figure 7.2: global power plant market 1970-2010, excluding china 140,000 120,000 100,000 80,000 60,000 40,000 7 • NUCLEAR • COAL •GAS (INCL. OIL) • BIOMASS GEOTHERMAL • HYDRO • WIND •CSP • PV 20,000 MW/a 0 source Platts, IEA, Breyer, Teske. 7.1 power plant markets in the us, europe and china The graphs show how much electricity market liberalisation influences the choice of power plant technology. While the US and European power sectors moved towards deregulated markets, which favour mainly gas power plants, China added a large amount of coal until 2009, with the first signs for a change in favour of renewable energy in 2009 and 2010. USA: Liberalisation of the US power sector started with the Energy Policy Act 1992, and became a game changer for the whole sector. While the US in 2010 is still far away from a fully liberalised electricity market, the effect has been a shift from coal and nuclear towards gas and wind. Since 2005 wind power plants have made up an increasing share of the new installed capacities as a result of mainly state-based renewable eneggy support programmes. Over the past year, solar photovoltaic plays a growing role with a project pipeline of 22,000 MW (Photon 4-2011, page 12). figure 7.3: usa: power plant market 1970-2010 70,000 60,000 50,000 40,000 30,000 20,000 10,000 MW/a 0 source Platts, IEA, Breyer, Teske. • NUCLEAR • COAL •GAS (INCL. OIL) • BIOMASS GEOTHERMAL • HYDRO • WIND •CSP • PV Policy act 1992 - deregulation of the US electricity market 200 the silent revolution | POWER PLANT MARKETS IN THE US, EUROPE AND CHINA 1970 1970 1972 1972 1974 1974 1976 1976 1978 1978 1980 1980 1982 1982 1984 1984 1986 1986 1988 1988 1990 1990 1992 1992 1994 1994 1996 1996 1998 1998 2000 2000 2002 2002 2004 2004 2006 2006 2008 2008 2010 2010PDF Image | SUSTAINABLE WORLD ENERGY OUTLOOK
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