Hybrid Power Plants – A Cost Effective Solution to Renewable Energy Sources
Over the last few decades, rapidly growing energy demand and climate change have evolved as issues of global concern. In this backdrop, a broad consensus has emerged in both the scientific and political communities to reduce Greenhouse Gas (GHG) emissions. Given that fossil fuel based energy related activities are the major contributors to GHG emissions; a shift towards alternate energy sources has become mandatory. Therefore, most of the nations are providing adequate policy support for increasing the share of renewables in their energy portfolio. Policy targets for renewable energy have been formulated in at least 66 countries worldwide, including all 27 European Union countries, 29 US states (and D.C.), and nine Canadian provinces. Due to this, global renewable primary energy supply has increased to around 1,500 Mtoe and global renewable power generating capacity increased to around 900 GW by the year 2007.
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Hybrid Power Plants - A Cost Effective Solution to Renewable Energy Sources Reference Code: GDAE0020VPT Publication Date: SEP 2008 Alternative Energy Viewpoint GDAE0020VPT / Published SEP 2008 © GlobalData: This brief is a licensed product and is not to be photocopied Page 1 Table of Contents 1 Table of Contents 1 Table of Contents 2 1.1 List of tables 5 1.2 List of figures 6 2 GlobalData Viewpoint 7 2.1 Summary 7 3 Hybrid Power Plants – A Cost Effective Solution to Renewable Energy Sources 8 3.1 Global Renewable Energy Sector – The Bottlenecks 8 3.2 New Trend in Renewable Energy Sector 10 3.3 Conclusion 11 4 Recent Developments 12 4.1 Sep 08, 2008: Denmark To Build Wind Farm In Kattegat 12 4.2 Sep 02, 2008: 10 MW Solar Thermal Power Plant To Come Up At Nagpur, Maharashtra 12 4.3 Aug 13, 2008: Lagos State Government Plans For 200 MW Of Power From Wind 13 4.4 Aug 10, 2008: Syria To Launch First Solar Operated Electricity Station 13 4.5 Aug 07, 2008: South Korea Plans To Construct Solar Power Plant On Disputed Islets Of Dokdo 14 4.6 Jul 29, 2008: Kunming In China Plans To Construct A City Run By Solar Energy 14 4.7 Jul 06, 2008: Germany Plans To Build 30 Wind farms 15 4.8 Jun 06, 2008: Serbia To Build Its First Solar Power Plant In Belgrade 16 4.9 Jun 05, 2008: UK To Build 7000 Wind Turbines Off Coast
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