REN21 Renewables Global Futures Report

This new REN21 Renewables Global Futures Report presents views of 114 renowned energy experts from around the world, on the feasibility and challenges of achieving a 100% renewable energy future. Their thoughts are grouped into 12 Great Debates ranging from the future of heating and transport, the interconnection of sectors, the role of mega-cities and what utilities of the future could look like.

Key findings include:

• More than 70% of the experts interviewed consider a global transition to 100% renewable energy to be both feasible and realistic, with European and Australian experts most strongly supporting this view.
• There is an overwhelming consensus that renewable power will dominate in the future, with many noting that even large international corporations are increasingly choosing renewable energy products either from utilities or through direct investment in their own generating capacity.
• Numerous companies, regions, islands and cities have set 100% renewable energy targets.
• Nearly 70% of those interviewed expect the cost of renewables to continue to fall, beating all fossil fuels within 10 years’ time. Wind and solar photovoltaic are in fact already costcompetitive with new conventional generation in most OECD countries.
• Countries as diverse as China and Denmark are demonstrating that GDP growth can be decoupled from increasing energy consumption.