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  • Tuesday, June 24, 2014


    Renewable energy demand rises to record 2.7% of global consumption

    Claudia Assis, June 16, 2014 (MarketWatch)

    “Renewable power has cut for itself a bigger share of the world’s energy demand pie, but coal, which remained the fastest growing fossil fuel, and oil, also saw demand grow in 2013, [according to the BP Statistical Review of World Energy 2014]…Coal consumption increased by 3% in 2013, below its yearly average of 3.9% but enough to put coal’s share of world energy consumption at 30%, its highest since 1970…Demand from renewable energy sources, including wind and solar, rose to a record 2.7% of global energy consumption, up from 0.8% a decade ago…Solar power generation rose 33%...[to] 0.5%...Wind power generation grew more slowly, or 18.5%...The U.S. oil boom continued — last year, the U.S. had the world’s largest increase in oil production for the second straight year, up by 1.1 million barrels a day…Global oil consumption rose 1.4% in 2013, just above its historical average…” click here for more


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