In 2011, there was again a massive increase in the use of renewable energy worldwide. Global investment in the sector rose by about 17 per cent over 2010 levels, reaching a record high of 257 billion US dollars. This was announced today by the REN21 policy network in its annual Renewables Global Status Report (GSR). Renewable energy now supplies 16.7 per cent of final energy consumption and about 20.3 per cent of global electricity consumption worldwide.
"These figures are impressive evidence that by transforming our national energy system in Germany, we are acting as a global trendsetter. The transformation of our energy system helps Germany maintain its role as a pioneer in a dynamic global growth sector that helps us reconcile climate change mitigation, energy security and sustainable growth," said German Environment Minister Peter Altmaier.
German Development Minister Dirk Niebel added, "The global shift toward renewable energy has become reality. Germany has helped to bring this about through its activities in developing and emerging economies. For one thing, we have paved the way for renewable energy by providing advice and support to our partners as they created the requisite institutional framework. In addition, we are pursuing practical renewable energy projects in our partner countries which are now helping to boost the sector."