Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
19 July 2011
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Renewables: Big potential, lots of question marks

Clean renewable energy could meet a significant part of global energy demand, but it is still a long way from doing so

Many types of renewables remain much more expensive than fossil fuels, the infrastructure needed to scale them up is not in place in many countries – and the political will to take radical measures to cut global carbon emissions rapidly is largely missing. Wind turbines and solar panel farms are becoming increasingly common sights in many countries, but renewable energy still provided less than 20% of global power in 2008 – and that includes a sizeable contribution (15% of overall generation) from hydropower, a mature resource that has limited growth potential (see Figure 1). Where the renewables sector goes from here depends on a number of variables. Still key to achieving take-off will be

Also in this section
Letter on carbon: Can CCUS capture enough private capital?
1 April 2026
Emerging industry must work with policymakers to convince a broader pool of investors to buy into its long-term potential
Energy cost surge fires up debate over EU ETS
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
Letter on carbon: Capturing Europe’s elusive CCS potential
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
Outlook 2026: The case for carbon stewardship
Outlook 2026
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search