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The G 20 countries accounted for approximately 80% of the total electricity produced in the world in 2010. As a group these countries are critical in shaping renewable energy trends as they are where most current and future energy demand arises. In 2010 they accounted for more than 82% of the world's solar, wind, geothermal, tidal and wave electricity production. So how do these countries stack up in terms of the share of their electricity that comes from these sources? A new report from the National Resources Defense Council (NRDC) shows us.
Within the G20 countries, Germany had the largest amount of renewable electricity in 2011, followed by the EU as a bloc, Italy and Indonesia. The US ranked 7th, India -9th and China -12th. Bit all of these countries are significantly behind Spain, Portugal, Iceland and New Zealand, which each produced more than 15% of their electricity from renewable sources. The largest growth since 2002 has occurred in South Korea, followed by China and then Brazil.
In 2011, new clean investments in the G20 countries increased to USD 160 billion, according to Bloomberg New Energy Finance. Since 2004, new clean investment in the G20 countries has grown by almost 600%, which has far outpaced the growth in the overall economy in those countries. Since 2004, the largest amount of total new investment has occurred in the EU, followed by the US and China.
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