422. RENEWABLES STATUS REPORT FOR 2008
REN21 has released its Renewables Global Status Report 2009. This table shows the scorecard, as of the end of 2008:
The wind build is amazing if you think of it in terms of EV fuel.
A typical EV efficiency value is 5 miles/kwH, while ICE cars run about 20 miles/gallon. That gives us an equivalency of about 1 kwh = .25 gallons of gasoline. The world is adding about 30 GWe of wind capacity per year, and wind has a capacity factor of about 30%. So the wind installed last year should produce roughly 87.6 Twh/year (roughly equal to the total annual electricity production of the Czech Republic). Converting that to gasoline, we get 1.4 million barrels /day. In a few years, the wind increment will double to the equivalent of 3 million barrels/day, so that windmills worldwide will be adding EV fuel equivalent to Canada's total oil production every year (or Saudi Arabia's oil production every 3 years). And windmills don't deplete!
EVs really can really be a game changer if you think about. Windmills are a very efficient and clean source of vehicle fuel, and they can definitely come on a lot faster than oil is depleting. No wonder the Saudi's are getting worried.
Here's a sampler of other interesting graphs from the report...
A phenomenal surge in wind in the last 10 years:
Solar PV growth:
Renewable power capacity:
China excels in yet another area:
Did someone say "The End of Growth"? LOL:
Here's a figure that will knock your socks off: The US alone invested $24 billion in wind in 2008.