REN21 web

In May REN21 published their annual report on the global state of renewables in 2018. Renewable energy technologies have seen a relatively stable market and the increase of new capacities remains constant. Main progresses have been achieved in the power sector, while heating, cooling and transport have seen far less growth, according to the report. A lack of policy support and slow development of new technologies causes the comparatively slow uptake of renewables in heating and cooling. In the transport sector, renewable energy penetration remains low, even though the market for electric vehicles is growing significantly. With 181 GW newly added capacity in the power sector the increase remains constant, following years of growth. Due to stable policies, renewable energies accounted for an estimated 26% of global electricity generation by the end of the year.