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Asia-Pacific Renewable Energy Market To Hit 535.2 GW By 2020

A forum for discussion of regional topics including oil depletion but also government, society, and the future.

Asia-Pacific Renewable Energy Market To Hit 535.2 GW By 2020

Unread postby Graeme » Thu 11 Apr 2013, 19:36:15

Asia-Pacific Renewable Energy Market To Hit 535.2 GW By 2020 (GlobalData Report)

According to a recently published report by Global Data*, the Asia-Pacific region’s cumulative installed capacity from renewable energy sources (excluding hydropwer) is expected to reach 535.2 GW (535,200 MW) by 2020.

Of course, the rapid economic growth of several countries in this region is a key factor stimulating this projected growth, as well as the urgent and widely recognized threat of global warming.

The percentage of power generated from renewable energy sources is expected to rise from 12.1% in 2011 to around 19% in 2020, according to GlobalData’s Renewable Energy Market in Asia-Pacific to 2020 report*. While that may look good superficially, that means that the greatly expanded power markets of the Asia-Pacific region would still be powered 81% by fossil fuels, nuclear energy, and hydropower — quite disheartening. Such a scenario would very likely lead us to catastrophic climate change that is hard to even think about.


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