Abstract
Total renewable energy consumption in
the world is expected to increase by almost 30% over 2018-2023, covering 40% of
global energy demand growth. The talk will focus on the analysis of the current
renewable energy markets in the world and present forecasts for growth based on
the upcoming policies, government incentives and estimates from the
International Energy Agency (IEA). It will cover the major renewable energy
sources – bioenergy, hydropower, wind and solar PV as well as analysis of
various geographical regions for growth potential and market trends. It will
break down the share of renewables in the electricity, heat and transport
sectors. It would analyze the current status of deployment and costs for novel
advanced biofuels. It would also draw comparisons with electric cars, the
extent of their renewable electricity utilization and decarbonization
potential. It would include the contribution of renewables to road transport
demand over the next 5 years and focus on the main biofuels available to
decarbonize road freight, now and in the long term.