The development of the electricity supply sector is characterised by an increasing share of renewable electricity. This will compensate for the phasing out of nuclear energy and reduce the number of fossil fuel-fired power plants required. By 2050, 67% of the electricity produced in Developing Asia will come from renewable energy sources. New renewables mainly wind, solar thermal energy and PV will contribute 55%.
The installed capacity of renewable energy technologies will grow from the current 51 GW to 590 GW in 2050, increasing capacity by a factor of more than ten.
Figure 6.99 shows the comparative evolution of the different technologies over time. Up to 2020, hydro-power and wind will remain the main contributors. After 2020, the continuing growth of wind will be complemented by electricity from biomass, photovoltaics and geothermal sources.
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