1631
Solar to Dominate Electricity by 2050
Energy

Solar to Dominate Electricity by 2050

Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA) said on Monday.

IEA Reports said solar photovoltaic (PV) systems could generate up to 16 percent of the world's electricity by 2050, while solar thermal electricity (STE) - from "concentrating" solar power plants - could provide a further 11 percent.
"The rapid cost decrease of photovoltaic modules and systems in the last few years has opened new perspectives for using solar energy as a major source of electricity in the coming years and decades," said IEA Executive Director Maria van der Hoeven.
Solar photovoltaic (PV) panels constitute the fastest growing renewable energy technology in the world since 2000, although solar is still less than 1 percent of energy capacity worldwide.
The IEA said PV expansion would be led by China, followed by the United States, while STE could also grow in the United States along with Africa, India and the Middle East.

 

Short URL : http://goo.gl/n3LERI

You can also read ...

Venezuelan Refineries in Danger of Seizure
In 2007, following Venezuela’s expropriation of billions of...
China Tariffs to Darken Prospects of US LNG
This winter could be a bleak one for America’s natural gas...
Chevron to Develop Iraqi Oilfields
Iraq’s state-run Basra Oil Company and Chevron, an American...
Caspian Convention Can Help Boost Iran Oil, Gas Exports
The Convention on the Legal Status of the Caspian Sea will...
Spanish Esproenko to Continue Iran Business
Esproenko International, which specializes in oil and gas...
OPEC Should Remain Independent, Apolitical
Some members of the Organization of Petroleum Exporting...
NIGC Export Capacity at 75 mcm Per Day
The National Iranian Gas Company’s capacity to export natural...
Higher Electricity Tariffs Should Moderate Usage
Imposing higher tariffs on those who exceed fair consumption...

Trending

Googleplus