“Modern” bioenergy will lead the global expansion of renewable energy up to 2023, the International Energy Agency (IEA) says in its latest forecast. The report, which the IEA releases each year, looks at the current status of renewable energy, projecting its growth for the next five years. It finds that the global consumption of renewable energy increased by around 5% in 2017. This led the share of renewables in final energy consumption to rise around 0.3 percentage points to 10.4%. Bioenergy continues to dominate this growth, largely due to its rising use in heat and transport, the IEA says. When it comes to electricity, however, the growth of solar photovoltaics (PV) overshadows other renewable technologies, with its capacity expanding more than the rest combined in 2017. Half of all renewable energy in 2017 came from modern bioenergy, the IEA says, as shown in the pie-chart on the left-hand side below. It is largely due to use for heat in buildings and industry, as shown in the right-hand chart.
Carbon Brief 8th Oct 2018 read more »