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Renewable Energy Targets
In energy policy, targets for renewable energies' shares, quotas and renewable portfolio standards have become very frequent. According to the REN21 Global Status Report, 49 countries worldwide have renewable energy development targets. On the general level, targets are adopted as orientation marks for policy-makers and as important signals for investors, entrepreneurs and the public. Political targets to which governments publicly commit themselves have a strong degree of bindingness, as the public and other countries will measure the performance. When mandatory market share policies are applied, targets becoming properly binding objectives.

Unfortunately, the indicators used for specifying the targets, are not always unequivocally defined. In particular, the targets of renewable energy shares in the primary energy supply are prone to misunderstandings, as they involve a number of presumptions as to which energy services are included and how they are calculated in order to add them up.

Much less ambiguous are targets for shares in the relevant markets. In the case of electricity generation, a target which is at the same time clear and sets the right kind of incentives is a target for a renewable energy share in electricity production. Equally clear is a capacity share (though a capacity target does not by itself assure renewable and clean energy contributions). Similarly, consumption targets for renewable fuels in the transport sector can be clearly defined.

As the energy statistics only recently began to include the contributions from solar heaters and other decentralised heat generators, it is difficult to define respective targets. Here, indicators of installed capacity or square meters are the proxies. Rural renewable energy is another field that comes with statistical difficulties.

REN21 is currently developing a renewable energy metrics guide (in preparation) which may help to avoid errors and fallacies related to targets and renewable energy statistics.

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02 Jul 2008
CO2 Impact Analysis of WIREC 2008 Pledges
NREL has now produced a draft report to estimate the CO2 impact of the WIREC 2008 pledges. Participants' feed-back is welcome.

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1 Jul 2008
Clean Energy Investments Charge Forward Despite Financial Market Turmoil
With end of cheap oil, renewables and energy efficiency attracts fast-growing interest; New investment surpasses $148 billion in 2007, a 60% rise from 2006; Growth continues in 2008, UNEP study says.

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18 Apr 2008
Renewable Energy Conference in Dakar, Senegal
Side event: Potential, markets and strategies for renewable energy in Africa. Presentation of forthcoming report.

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28 Mar 2008
WIREC Pledge Count
The United States has announced that it will continue collecting pledges for the Washington International Action Program through April 4, 2008.

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27 Feb 2008
2007 Global Status Report Shows Perceptions Lag Reality The renewable energy industry is stepping up its meteoric rise into the mainstream of the energy sector, according to the REN21 Renewables 2007 Global Status Report.

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