IEA has bright outlook for solar energy
VALENCIA, SPAIN - Solar power could make up 25 percent of global electricity production by 2050, the executive director of the International Energy Agency said in Spain.
The IEA's Nobuo Tanaka said solar power has the potential to significantly reduce energy-related greenhouse gas emissions in the coming decades.
"The combination of solar photovoltaics and concentrating solar power offers considerable prospects for enhancing energy security while reducing energy-related carbon dioxide emissions by almost 6 billion tons per year by 2050," he added.
He spoke during a Mediterranean Solar Plan Conference hosted in Valencia by the Spanish presidency of the European Union.
Tanaka said effective policy and partnerships in the solar energy sector could lead to solar power supplying as much as 25 percent of global electricity production by 2050.
The executive director added that the combination of photovoltaic units on residential and commercial building could bring solar power to parity with conventional electricity within 10 years.
"This decade is crucial for effective policies to enable the development of solar electricity," he said.
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IEA: Asia set to use half of world's electricity by 2025
BERLIN - Asia will for the first time use half of the world’s electricity by 2025, even as Africa continues to consume far less than its share of the global population, according to a new forecast released Wednesday by the International Energy Agency.
Much of Asia’s electricity use will be in China, a nation of 1.4 billion people whose share of global consumption will rise from a quarter in 2015 to a third by the middle of this decade, the Paris-based body said.
“China will be consuming more electricity than the European Union, United States and India combined,” said Keisuke Sadamori, the…
