New renewables broke through 100GW barrier in 2014

[ScienceRocks]

New renewables broke through 100GW barrier in 2014

New renewable generating capacity broke the 100GW barrier in 2014, equivalent to the entire fleet of nuclear power plants in the US, a UN report shows.

Global investment in renewable energy during 2014 increased by 17% from 2013 levels to US$270bn (£183bn).

Investors have been attracted by the increasing cost effectiveness and low risk of the solar and wind sectors.

Globally, renewables accounted for an estimated 9.1% of the world's electricity generation. The report calculated that this contributed to saving of 1.3 gigatonnes of CO2 emissions - about twice as much as emitted by the global airline industry - if the electricity had been generated from fossil fuels.

Wahooo! Renewables are kicking ass!