The Value of Renewables

The Value of Renewables Hans Joergen Koch International Energy Agency info@worldenergy.org 1. INTRODUCTION At their m ost recent meeting in M ay 2001, Ministers of t he International E nergy Agency (IEA ) countries noted with c oncern some of t he challenges facing today’s energy sector. Pointing to t he Reference Scenario of th e IEA’ s Wo rld Energy Outlook 2000 (WEO), the Ministerial communiqué p aints a grim p icture: Continuation of past trends would mean a 60% increase in world energy demand by 2020 with m uch of t he increase occurring i n d eveloping countries. Oil, c oal, gas and nuclear power will c ontinue to d ominate the energy mix, w ith sources of o il a nd gas concentrating in a few countries. A large proportion of th e world’s population co ntinues to l ack access to b asic energy services. Our co llective efforts to cu rb g reenhouse gas emissions will f all s hort of t he targets set at Kyoto. The M inisters’ co mmuniqué st ated: “O ur m eeting has been held at a time of higher and volatile oil prices, continuing increases in g lobal oil d http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Energy & Environment SAGE

The Value of Renewables

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Publisher
SAGE Publications
Copyright
© 2002 SAGE Publications
ISSN
0958-305X
eISSN
2048-4070
D.O.I.
10.1260/095830502320939624
Publisher site
See Article on Publisher Site

Abstract

Hans Joergen Koch International Energy Agency info@worldenergy.org 1. INTRODUCTION At their m ost recent meeting in M ay 2001, Ministers of t he International E nergy Agency (IEA ) countries noted with c oncern some of t he challenges facing today’s energy sector. Pointing to t he Reference Scenario of th e IEA’ s Wo rld Energy Outlook 2000 (WEO), the Ministerial communiqué p aints a grim p icture: Continuation of past trends would mean a 60% increase in world energy demand by 2020 with m uch of t he increase occurring i n d eveloping countries. Oil, c oal, gas and nuclear power will c ontinue to d ominate the energy mix, w ith sources of o il a nd gas concentrating in a few countries. A large proportion of th e world’s population co ntinues to l ack access to b asic energy services. Our co llective efforts to cu rb g reenhouse gas emissions will f all s hort of t he targets set at Kyoto. The M inisters’ co mmuniqué st ated: “O ur m eeting has been held at a time of higher and volatile oil prices, continuing increases in g lobal oil d

Journal

Energy & EnvironmentSAGE

Published: Sep 1, 2002

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