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Renewable Energy Revolution: Declining Costs, Surging Capacity

Renewable Energy Revolution: Declining Costs, Surging Capacity | Social Mercor | Scoop.it

The renewable energy revolution is under way. Renewable power generation now accounts for around 50% of all new power generation capacity installed worldwide.


The combination of rapid deployment and high learning rates for technology “has produced a virtuous circle that is leading to significant cost declines and is helping fuel a renewable revolution,” according to a new global study of renewable power generation costs in 2012 produced by IRENA, the International Renewable Energy Agency, which announced it isestablishing its global headquarters in the United Arab Emirates during last week’s Abu Dhabi Sustainability Week.

 

Additions to global wind power generation capacity totalled 41 gigawatts (GW) in 2011, according to IRENA’s “Renewable Power Generation Costs in 2012: An Overview.” That’s in addition to 30 GW of new solar photovoltaic (PV) electricity generation capacity, 25 GW of hydro power, 6 GW of biomass, 0.5 GW of concentrated solar power (CSP), and 0.1 GW of new geothermal power capacity.


Via Lauren Moss
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Scooped by Lauren Moss

ecOiko's curator insight, January 28, 6:21 PM
Renewable energy revolution worldwide news, and in Cyprus our renewable energy production in 2012 increased by 24%. We have some fantastic renewable energy companies who can be found on www.ecoiko.eu
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Budapest Students Design Sustainable House for Indoor and Outdoor Living

Budapest Students Design Sustainable House for Indoor and Outdoor Living | Social Mercor | Scoop.it

It may look unassuming, but this sleek black box is the culmination of a two-year long collaboration of more than 50 students from 7 different faculties of the Budapest University of Technology and Economics.

 

Initially envisioned by two architecture students and built for the European Solar Decathlon 2012 in Madrid, the goal of Odooproject was to encourage a new sustainable life by designing a house where as much time as possible can be spent outdoors.

Odoo’s square plan has two primary elements: the north half enclosure and the south half outdoor terrace, bordered by the ‘summer wall’ to the south. The design allows comfortable living inside or outside throughout the year as the seasons allow.

To provide a comfortable environment, as efficiently as possible, the house uses both active and passive systems. The compact form of Odoo reduces heat loss, while its organization means it has two south-facing facades. The glass façade exploits solar gain, to heat the interior during the winter, and the solar panels on the ‘summer wall’ generate power from the summer sun...


Via Lauren Moss
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bancoideas's curator insight, February 8, 10:22 AM
Ideas para mejorar la vida