US energy analysis sees renewable electricity passing coal by 2030
And the report is probably unrealistically conservative about wind power.
0.65
UNVERIFIED58% CONFIDENCEDate has passed, but arstechnica.com[1] does not confirm it happened then; unverified.
- Start
- Dec 31, 201625% CONFIDENCELow confidencefrom the source
The world spent less money to add more renewable energy than ever in 2016
$241.6 billion in investment gets you 138.5 gigawatts of renewable energy
- Global investment in renewable energy in 2016 was about $241.6 billion, down 23 percent from 2015[1]
- That investment added 138.5 GW of capacity, up nine percent from 127.5 GW in 2015; falling solar PV and wind prices explain much of the difference[1]
- Renewables were 55 percent of new capacity, the highest in the report's 11-year history, and investors spent about twice as much on renewables as on fossil-related energy[1]
- Renewables' share of global energy rose from 10.3 to 11.3 percent and prevented an estimated 1.7 gigatonnes of CO2[1]
- Investment slowed in China, Japan and emerging markets, while Europe rose three percent and offshore wind investment rose 53 percent[1]
Cost $241.6B
References 358% CONFIDENCE
The first entry is always the pin's source. Overall confidence is a weighted average of how firmly each reference supports the start and end times used above; a reference counts half as much for every 180 days older than the newest.
- [1]25%arstechnica.com/business/2017/04/global-investment-in-renewables-fell-in-2016-but-thats-not-a-bad-signarstechnica.com· Posted Jun 21, 2017· Starts Dec 31, 2016 ✓· 49% of score
Date has passed, but arstechnica.com does not confirm it happened then; unverified.
- [2]85%Renewable energy investment fell 18% in 2016: studyphys.org· Published Jan 12, 2017· 26% of score
Phys.org, citing the same BNEF[3] study and published 12 January 2017, reports investment "dropped" in 2016 with detailed regional breakdowns (China down 26%, Japan down 43%), squarely supporting the pin's claim about global renewables investment for 2016.
- [3]92%Global trends in renewable energy investment 2016about.bnef.com· Published Jan 1, 2017· 25% of score
BloombergNEF's own press-release portal confirms it covers "Global trends in renewable energy investment 2016," the same topic and year as the pin, though the fetched page is a navigation hub rather than the underlying report, so it only weakly supports the pin's specific 2016 figures.[1]
Suggest a correction
Something missing or wrong? Say it in your own words: a link that backs this pin up, a different start or end date and why, or a fact it lacks or gets wrong. The AI checks it against this pin's sources, searches for better ones, and adds any page that backs you up. The pin's own sources still count most.
