Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: BenSolar Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 18403  
Subject: 68% of New European Capacity is Renewable Date: 2/20/2012 1:45 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Capacity is not the same thing as production, nonetheless, European growth in renewable energy is impressive.

http://thinkprogress.org/romm/2012/02/12/422649/new-european...

Quote:
"
As the sovereign debt crisis unfolds in Europe, onlookers have questioned whether the region will stay committed to renewable energy. The answer so far is “yes.”

Even with a few countries pulling back on government support of the industry because of fiscal troubles, 2011 was still a huge year for deployment — with wind and solar alone representing almost 70% of new capacity.

That’s almost a 10-fold increase over deployment in 2000, when only 3.5 GW of renewable energy projects were installed. Last year, 32 GW of renewables — mostly wind and solar — were deployed across European countries.

The figures come from the European Wind Energy Association, which just released a report on industry growth. http://www.ewea.org/index.php?id=60&no_cache=1&tx_tt...

Growth in Europe has consistently outstripped forecasts. The EU currently has a target of getting 20% of its final energy (heat, electricity and fuels) from renewable energy. Numerous countries have already surpassed their needed targets in the electricity and heating sectors, and it’s likely that the entire region will move past the goal well ahead of schedule.

It’s expected that renewable electricity sources will meet 34% of demand in Europe by 2020, with 25 of 27 countries to surpass their targets beforehand.
"
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (1) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement