Solar Power to Supply Over 50 Per Cent of World's Energy Needs by 2060
I am confident that we will reach our 42% renewables plan by 2020. It makes a lot of room for expansion until 2060. By that time I hope the energy question will be solved in Morocco within a framework that includes water desalination and reclaiming arid land for agriculture. Mind you the race is on about who will fill the lot for this expansion room with even countries rich in hydrocarbures vying for a place in the renewable field. What is key already is what our stake of that is going to be. At any rates it benefits the region, and also can constitute the nucleus of a regional initiative for renewables along the lines of DESERTEC.
Solar power could provide most of the world's energy needs by the middle of the century, according to the IEA. REUTERS
Article sourced : http://www.ibtimes.com
Solar power technology could provide most of the world's power by 2060 leading to a significant reduction in greenhouse gas emissions, according to comments made to Bloomberg by the International Energy Agency [IEA].
In addition, photovoltaic and solar-thermal plants could supply half of all energy requirements by this date; with wind, hydropower and biomass plants providing a significant percentage of the remaining supply, Cedric Philibert, a senior analyst for IEA told Bloomberg in a recent phone interview.
The significant prediction improves on the IEA's previous estimate of solar supplying 21 per cent of the world's power needs in 2050 and backs up additional claims that, in such a scenario, energy sector carbon dioxide emissions could also fall to just over 3 gigatons per year, compared with about 30 gigatons currently.
"Photovoltaic and concentrated solar power together can become the major source of electricity," Philibert said. "You'll have a lot more electricity than today but most of it will be produced by solar-electric technologies."
In the forecasted scenario - which will be explained in more detail at a conference in Kassel, Germany, on 1 Sept. - Philibert will also outline a global vision for the transition from fossil fuels to electric power.
Earlier this year, the IEA cautioned that fossil fuel subsidies will continue to stunt growth in the clean energy technology sector until government's take comprehensive action to replace out-dated policies and accelerate the adoption of renewables.
As Energy Matters reports, solar technologies can achieve global grid parity with fossil fuels within the next few years as long as governments continue to implement legislation to "massively increase support for solar power". The report highlighted China and Japan as two recent success stories for other countries looking to invest in clean tech.