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fORewORD Beyond China and the other big economies of India and Brazil, major developments were seen elsewhere in the developing world in terms of policies, investments, mar- ket trends, and manufacturing. Of the 118 countries that now have renewable energy policy targets or support policies, at least half of them are in the developing world. Since the last Renewables Global Status Report was released one year ago, the world has seen many signifi- cant developments that have had an impact – both direct and indirect – on renewable energy. The global economic recession entered a new phase in 2010, marked by massive public finance crises – felt most acutely in Europe – that led several governments to announce incentive cuts for solar energy. Natural gas prices remained low due to advances in technology for extracting gas from shale rock, temporarily reducing the competitiveness of renewable energy. The increased activity in developing countries is a highlight of this year’s report. It is an encouraging trend, since most of the future growth in energy demand is expected to occur in developing countries. Further, the spread of renewables to more regions and countries helps more of the world's people gain access to energy services not only to meet their basic needs, but also to enable them to develop economically. At the same time, worldwide developments have highlighted the security, economic, and human costs of relying so heavily on fossil and nuclear energy. The three-month long BP oil spill in the Gulf of Mexico caused extensive damage and continues to affect the economy and welfare of people in the region. The “Arab Spring” of popular unrest has triggered oil-price volatility and added instability to energy markets, while at the same time the global demand for oil is outpacing the capacity for production. And Japan’s Fukushima nuclear catastro- phe has led many countries to rethink the role of nuclear energy in providing low-carbon electricity. Today, more people than ever before derive energy from renewables as capacity continues to grow, prices continue to fall, and shares of global energy from renewable energy continue to increase. This year’s Renewables Global Status Report again has brought all the data together to provide a clear picture of the global momentum. Average global surface temperatures in 2010 tied those in 2005 as the warmest on record. Despite the economic recession, greenhouse gas emissions increased more than ever before during 2010, making the international goal to limit the rise in global temperatures to 2° C above preindustrial levels even harder to reach. On behalf of the REN21 Steering Committee, I would like to thank all those who have contributed to the successful production of the Renewables 2011 Global Status Report. These include lead author/research director Janet L. Sawin, author and expert advisor Eric Martinot, project manager Rana Adib and the team at the REN21 Secretariat headed by Virginia Sonntag-O’Brien, as well as the growing network of authors, researchers, contrib- utors, and reviewers who participate in the GSR process. Special thanks go to the German and Indian governments for their financial support, and to the Deutsche Gesell- schaft für Internationale Zusammenarbeit and the United Nations Environment Programme, hosts of the REN21 Secretariat, for their administrative support. A positive constant amid this turbulence has been the global performance of renewable energy. Renewable sources have grown to supply an estimated 20% of global final energy consumption in 2010. By year’s end, renew- ables comprised one-quarter of global power capacity from all sources and delivered close to one-fifth of the world’s power supply. Most technologies held their own, despite the challenges faced, while solar PV surged with more than twice the capacity installed as the year before. No technology has benefited more than solar from the dramatic drop in costs. We hope you will find this year’s report more compre- hensive and inspiring than ever, and we look forward to receiving your feedback. Despite the recession, total global investment in renew- able energy broke a new record in 2010. Investment in renewable power and fuels reached $211 billion, up 32% from $160 billion the previous year. As shown in the recently released UNEP report Global Trends in Renewable Energy Investment 2011, the GSR’s companion publication, developing country investments in renew- able energy companies and utility-scale generation and biofuel projects exceeded those of developed countries, with China attracting more than a third of the global total. M M y o o h h a a m m e e d E d E l l - - A A s s h h r r y Chairman, REN21 7 RENEWABLES 2011 GlObal STaTuS RePORTPDF Image | GLOBAL STATUS REPORT Renewables 2011
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