Global Renewable Energy Industry - Statistics & Facts

Renewable energy is characterized by the use of resources that can be naturally renewed within a human lifetime. Sources of renewable energy include sunlight, wind, wood residues, waves, and geothermal heat. Distributed generation has often been linked to the increased use of renewable energy within the electric power distribution system. However, a system that relies wholly on decentralized energy may not yet be possible in most places due to technological shortcomings and antiquated infrastructure. Electricity utilities have begun to note the importance of providing renewable energy, and many have begun to invest in these technologies. Using large-scale renewable projects for rural areas or developing countries can also benefit these regions, as electricity in these areas is typically of poor quality, inefficiently used, and unreliably supplied. Using renewable energy can improve quality of life and economic production, and benefit the environment.

In 2005, only a few companies outside of Europe and North America had implemented policies and targets to increase renewable energy capacity, but a decade later, the vast majority of countries around the globe have established their own targets. China has recently become a world leader in renewable energy and invests more in renewable energy than the European Union. China is expected to overtake the United States in the consumption of renewable energies and has experienced a steady increase in its consumption of renewables. In 2016, Germany was ranked third in the world based on renewable energy consumption, totaling almost 44.8 million metric tons of oil equivalents.

Read more

Renewable energy industry worldwide - Important statistics

You may also be interested in these statistics

The whole topic in one document

Renewable energy industry worldwide
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

The whole topic in one document

Renewable energy industry worldwide
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365

Recommended statistics

Infographics on the topic

Renewable Energy Industry Worldwide Infographic - Wo die Begüterten ihr Geld parken
Worldwide new investment in the renewable energy sectorThe Race for Renewable Energy DominationRenewables account for over half of Sweden's energy

Infographics on the topic

Renewable Energy Industry Worldwide Infographic - Wo die Begüterten ihr Geld parken
Worldwide new investment in the renewable energy sectorThe Race for Renewable Energy DominationRenewables account for over half of Sweden's energy

More interesting topics from the industry "Renewable Energy"

More interesting topics from the industry "Renewable Energy"

About Statista

Learn more about how Statista can support your business.

Request webinar

Any more questions?

Any more questions?

Get in touch with us quickly and easily. We are happy to help!

Get in touch with us quickly and easily. We are happy to help!

Do you still have questions?

Feel free to contact us anytime using our contact form or visit our FAQ page.

News
News