Tuesday, May 10, 2011

IPCC Report Affirms a Major Role for Renewable Energy in a Diversified Energy Mix


Potential of Renewable Energy Outlined in Report by the
Intergovernmental Panel on Climate Change

Abu Dhabi-UAE: 9 May, 2011 – Renewable energy sources have a major role to

play in diversified, low-carbon energy systems, according to a report released by

the Intergovernmental Panel on Climate Change (IPCC). This is a powerful support

for the UAE’s aggressive push into renewable energy technologies, announced

Dr. Sultan Al Jaber, UAE Special Envoy for Energy and Climate Change and Chief

Executive of Masdar, at a press conference announcing the release of the report on

“As well as having a large potential to mitigate climate change, renewable energy

can provide wider benefits. Renewable energy can contribute to social and economic

development, energy access, energy security, and reduce negative impacts on the

environment and health,” stated the report.

“The report makes clear that the energy mix chosen will vary from country to

country, but renewable energy has a potentially huge role to play in that energy mix

and that global technical potential for renewable energy, as a whole, is unlimited,”

said Dr. Al Jaber. “This diversified approach is consistent with the strategy being

followed by the UAE.”

“The inception of the Masdar Initiative, the UAE’s strategic and holistic renewable

energy and sustainability initiative was based on our belief that the renewable

energy sector would witness an increasing growth. The data compiled by the IPCC

reaffirms our beliefs,” he said.

Adnan Amin, Director General of IRENA, said: “The IPCC Special report indicates

that the growth of the renewable energy sector is both imminent and progressive –

it clearly indicates that renewable energy will have a major role to play in the future

energy mix of the world."

The report reviews 164 scenarios for the growth of new renewable energy sources,

excluding traditional biomass. These foresee renewable energy growing by between

three and 20 times in scale by the middle of this century.

Meanwhile, despite global financial challenges, renewable energy capacity grew in

2009 — wind by over 30 per cent; hydropower by three per cent; grid-connected

photovoltaics by over 50 per cent; geothermal by 4 per cent; solar water/heating by

over 20 per cent and ethanol and biodiesel production rose by 10 per cent and 9 per

cent respectively.

According to the report, estimates for the investment needed during this decade

alone range from 1.3 to 5.1 trillion dollars. “These projections show the huge scale

of the opportunity to invest, creating new jobs, economic growth and cleaner energy

systems,” said Dr. Al Jaber

Moreover, close to 80 per cent of the world’s energy supply could be met by

renewables by mid-century if backed by the right enabling public policies.

Dr. Al Jaber also highlighted the possible role that the Masdar Institute of Science

and Technology could take in filling the gap of identifying more information on

managing energy systems and integrating very high levels of renewable energy.

“I hope that UAE institutions including the Masdar Institute will be able to play a

role in filling this gap in the future,” he said. “There is scope here for innovation,

investment and the creation of new jobs and growth.”

Following the release of the report, members of the IPCC and the Masdar Institute

held a special panel on Renewable Energy technology and policies to discuss further

means of collaboration.

In closing, Dr. Sultan thanked the Chair, Co-authors and authors of the report,

adding, “The strength of this report, in my view, rests in the IPCC’s core methods –

this is a definitive review of the scientific literature on renewable energy.”

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