STATISTICAL ANALYSIS OF DEVELOPMENT TRENDS IN GLOBAL RENEWABLE ENERGY

Abstract

The article focuses on the economic and statistical analysis of industries associated with the use of renewable energy sources in several countries. The dynamic development and implementation of technologies based on renewable energy sources (hereinafter RES) is the defining trend of world energy development. The uneven distribution of hydrocarbon reserves, increasing demand of developing countries and environmental risks associated with the production and consumption of fossil resources has led to an increasing interest of many states to this field. Creating low-carbon economies involves the implementation of plans to increase the proportion of clean energy through renewable energy sources, energy efficiency, reduce greenhouse gas emissions. The priority of this sector is a characteristic feature of modern development of developed (USA, EU, Japan) and emerging economies (China, India, Brazil, etc.), as evidenced by the inclusion of the development of this segment in the state energy strategies and the revision of existing approaches to energy security. The analysis of the use of renewable energy, its contribution to value added of countries-producers is of a particular interest. Over the last decade, the share of energy produced from renewable sources in the energy balances of the world's largest economies increased significantly. Every year the number of power generating capacity based on renewable energy is growing, especially, this trend is apparent in China, USA and European Union countries. There is a significant increase in direct investment in renewable energy. The total investment over the past ten years increased by 5.6 times. The most rapidly developing kinds are solar energy and wind power.