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WORLD ENERGY [R]EVOLUTION A SUSTAINABLE WORLD ENERGY OUTLOOK China: The steady economic growth in China since the late 1990s, and the growing power demand, led to an explosion of the coal power plant market, especially after 2002. In 2006 the market hit the peak year for new coal power plants: 88% of the newly installed coal power plants worldwide were built in China. At the same time, China is trying to take its dirtiest plants offline, between 2006 and 2010, a total of 76,825MW of small coal power plants were phased out under the “11th Five Year” programme. While coal still dominates the new added capacity, wind power is rapidly growing as well. Since 2003 the wind market doubled each year and was over 18,000 MW73 by 2010, 49% of the global wind market. However, coal still dominates the power plant market with over 55 GW of new installed capacities 7 in 2010 alone.The Chinese government aims to increase investments into renewable energy capacity, and during 2009, about $ 25.1 billion (RMB162.7 billion) went to wind and hydro power plants which represents 44% of the overall investment in new power plants, for the first time larger than that of coal (RMB 149.2billion), and in 2010 the figure was US$26 billion (RMB168 billion) – 4.8% more in the total investment mix compared with the previous year 2009. 7.2 the global market shares in the power plant market: renewables gaining ground Since the year 2000, the wind power market gained a growing market share within the global power plant market. Initially only a handful of countries, namely Germany, Denmark and Spain, dominated the wind market, but the wind industry now has projects in over 70 countries around the world. Following the example of the wind industry, the solar photovoltaic industry experienced an equal growth since 2005. Between 2000 and 2010, 26% of all new power plants worldwide were renewable- powered – mainly wind – and 42% run on gas. So, two-thirds of all new power plants installed globally are gas power plants and renewable, with close to one-third as coal. Nuclear remains irrelevant on a global scale with just 2% of the global market share. About 430,000 MW of new renewable energy capacity has been installed over the last decade, while 475,000 MW of new coal, with embedded cumulative emissions of more than 55 bn tonnes CO2 over their technical lifetime, came online – 78% or 375,000 MW in China. The energy revolution towards renewables and gas, away from coal and nuclear, has already started on a global level. This picture is even clearer when we look into the global market shares excluding China, the only country with a massive expansion of coal. About 28% of all new power plants have been renewables and 60% have been gas power plants (88% in total). Coal gained a market share of only 10% globally, excluding China. Between 2000 and 2010, China has added over 350,000 MW of new coal capacity: twice as much as the entire coal capacity of the EU. However China has recently kick-started its wind market, and solar photovoltaics is expected to follow in the years to come. 202 reference 73 WHILE THE OFFICIAL STATISTIC OF THE GLOBAL AND CHINESE WIND INDUSTRY ASSOCIATIONS (GWEC/CREIA) ADDS UP TO 18,900 MW FOR 2010, THE NATIONAL ENERGY BUREAU SPEAKS ABOUT 13,999 MW. DIFFERENCES BETWEEN SOURCES AS DUE TO THE TIME OF GRID CONNECTION, AS SOME TURBINES HAVE BEEN INSTALLED IN THE LAST MONTHS OF 2010, BUT HAVE BEEN CONNECTED TO THE GRID IN 2011. the silent revolution | THE GLOBAL MARKET SHARES IN THE POWER PLANT MARKETPDF Image | SUSTAINABLE WORLD ENERGY OUTLOOK
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