Half of the World’s Energy From Renewable Sources?

Half of the World’s Energy From Renewable Sources?

Report of the Intergovernmental Panel on Climate Change (IPCC), published on May 9, 2011 in Abu Dhabi (UAE) is most comprehensive document on renewable energy sources, available technologies and potential of renewable energy sources. The report included 164 possible scenarios for renewable energy and the basic conclusions of the report indicates that, in theory, renewable energy sources

Report of the Intergovernmental Panel on Climate Change (IPCC), published on May 9, 2011 in Abu Dhabi (UAE) is most comprehensive document on renewable energy sources, available technologies and potential of renewable energy sources.

The report included 164 possible scenarios for renewable energy and the basic conclusions of the report indicates that, in theory, renewable energy sources can meet the total world demand for energy, while realistic, with the current trends and
future technology development expected to be 77% of world energy gain from renewable sources.

The report also included other aspects of renewable energy sources such as effects on health, energy security, generating new business, etc. The abbreviated report of the IPCC can be found below this text.

Initial reactions to the report were distributed. While most, especially government officials, supported by this report there is a group of experts who believe that the report had overlooked some very important facts. According to Lewis Page, 50 percent share of renewables in global energy mix is ​​possible only if the United States and Europe, which currently consume about 200 exojules of energy per year, reduce their consumption by one third. However, even this condition is not sufficient to achieve the stated percentage. Critics of the report suggest that this scenario it is realistic only if the population does not continue the current growth and that over two billion people remain without electricity, as is the case today in the Sub-Saharan Africa.

Regardless of the disadvantages of the report, it can serve as a good guide for the development of energy strategies of countries. It is inevitable that renewable energy sources are getting more and more important, therefore, the report urges lawmakers to adapt the existing laws of renewable energy sources to become cost-effective and accessible to a wider number of investors.

Bosnia and Herzegovina has made a good step in this direction, because both entity governments have adopted or are working on the adoption of systems to support development of renewable sources in the country and is realistic to expect future investment in this area.

The Intergovernmental Panel on Climate Change (IPCC) is the leading international body for the assessment of climate change. IPCC was established by the United Nations Environmental Programme (UNEP) within the World Meteorology Organization
(WMO), with the support of the General Assembly of the UN. The IPCC aims to scientifically prove and present climate changes and climate change effects on society and economic trends in particular.

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Renewable Energy Projects in Bosnia and Herzegovina

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