The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

Renewable Rankings Galore: How G20 Nations Measure Up

As world leaders from industrial giants and developing nations alike pack their bags for the Rio+20 Earth Summit later this month, the Natural Resources Defense Council used the opportunity to examine how G20 nations are faring on both renewable generation and clean energy investment.

Even as many of the renewables industries struggle through a slowdown period exacerbated by a global economic malaise, a broader view shows a decade of consistent growth and persistent investment. The optimism, however, remains tempered as clean energy still represents a small fraction of global energy consumption.  

A look at the clean energy portfolios in the G20 nations paints a picture of resilience built on the back of wind, solar, geothermal and tidal energy investments. According to the NRDC report, G20 nations have seen a 600 percent increase in clean energy investment since 2004, a rate that far outpaces growth in their overall economies. The European Union has seen the highest level of investment, followed by the United States and China.

While investment is growing, the clean energy sector is still struggling to carve out a larger slice of the overall energy mix. Since 2002, the amount of wind, solar, geothermal, tidal and wave power integrated into the grids of the G20 nations has grown three-fold. But this represents just 2.6 percent of the those nations’ total energy consumption. With the current rate of growth, that would equal less than 4 percent of total consumption by 2015 and about 6 percent by 2020. Of course, consumption itself is expected to grow, so any reductions in carbon emissions are quickly negated.

So to make real inroads in clean energy installation — and significant decreases in carbon emissions — NRDC has created a list of guiding principles for each of the G20 representatives to bring to the table in Rio. These include tangible plans to pass laws that would require at least 15 percent of their energy is produced from renewable sources by 2015; strong commitments to create a framework for cooperation between countries that would help achieve the 15 percent goal; and monitoring provisions that will ensure the guidelines are clear and the targets are met.

Below is a series of charts that details electricity and clean energy investments made for the G20 nations.

Untitled Document

Get All the Renewable Energy World News Delivered to Your Inbox - FREE!

Subscribe to Renewable Energy World Magazine and our award-winning e-Newsletter to stay up to date on current news and industry trends.

 Subscribe Now



Multinational Bank Financing of Geothermal Exploration Up 11 Percent from 2012

Jennifer Delony Financing of geothermal energy exploration by multinational banks has increased 11 percent, up from 6 percent in 2012...

CEO Gilles: Challenge in Geothermal is to 'Level Playing Field' with Wind, Solar

Jennifer Delony The current challenge for the geothermal energy industry is what U.S. Geothermal CEO Dennis Gilles calls “leveling th...

Top 5 Reasons To Be Optimistic About Geothermal in the US

Jennifer Delony Joe Greco, Geothermal Energy Association (GEA) board chairman and Terra-Gen Power senior vice president, outlined the...

DOE Releases Final Programmatic Environmental Impact Statement for Hawaii

Jennifer Delony DOE released a final programmatic environmental impact statement for Hawaii to provide federal, state and county gove...


Fronius Shifting the Limits in Solar-Plus: It’s not just about products, it’s about solutions.

Fronius USA, who just recently launched the all-new Fronius SnapINverter line this past...

IREC Announces Changes in Regulatory Team

The Interstate Renewable Energy Council (IREC), a not-for-profit organization which for...

IREC Awarded New Funding to Advance Digital Credentials

The Interstate Renewable Energy Council (IREC) proudly announces funding for an innovat...

$100 Discount on 5-day Advanced PV Project Experience Workhop

Upcoming 5-day Workshops: Nov. 7 - 11 Feb. 6 - 10


NY Gov. Cuomo Pledges to Create Carbon Market use Solar, Wind to reduce Climate Change

This week former Vice President Al Gore joined with New York Gov. Andrew Cuomo (D) to sign the Under 2 MOU, a directi...
clean energy

In Clean Energy, The Truth Matters

A group of about 20 protesters gathered outside the Sheraton in Burlington, Vt., early on Oct. 8 as attendees arrived...

Industry Focus: Cleantech: 1366 Technologies joins Solarcity in New York

1366 is set to build a factory just up the road (OK, it is a long road – NYS Thruway) from Solarcity.  The...



Volume 18, Issue 4


To register for our free
e-Newsletters, subscribe today:


Tweet the Editors! @jennrunyon



Successfully Integrating Solar: A Proactive Approach

•      What does the increasing solar penetrati...

Canadian Solar Inverters Webinar

Canadian Solar is proud to be hosting two free webinars in October! The ...

Doing Business in Europe – in partnership with GWEC, the Global Win...

There is now 128.8 GW of installed wind energy capacity in the EU (appro...


SPI Brings Out The Best In Solar

Phew…...those cross-country flights sure take a lot out of a guy....

Connecting The Dots

One of the most important attributes of a true sales professional is the...

7 Pitfalls Of Simple Payback Period

There are many pitfalls of using Simple Payback Period (SPP) as a measur...


Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now