{"id":1299,"date":"2017-09-25T09:23:17","date_gmt":"2017-09-25T08:23:17","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=1299"},"modified":"2018-03-26T18:24:41","modified_gmt":"2018-03-26T17:24:41","slug":"solar-eclipses-other-new-types-of-electricity-generation","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/solar-eclipses-other-new-types-of-electricity-generation\/","title":{"rendered":"Solar eclipses other new types of electricity generation"},"content":{"rendered":"<p>Solar has become the world\u2019s favourite new type of electricity generation, with more solar photovoltaic (PV) capacity being installed than any other generation technology according to GlobalData, the provider of business information and analytics.<\/p>\n<p>The company\u2019s latest report update on the <span class=\"highlight highlight-blue\"><a href=\"https:\/\/www.globaldata.com\/store\/report\/gdae0278vpt--globaldata-power-attractiveness-index\/?utm_source=email&amp;utm_medium=pr&amp;utm_campaign=170915b_gd_pw_Power_Attractiveness_Index&amp;utm_nooveride=1\" target=\"_blank\" rel=\"noopener\">GlobalData Power Attractiveness Index<\/a><\/span> (GPAI) confirms that worldwide, approximately 72 gigawatts (GW) of new solar PV capacity was installed in 2016. <\/p>\n<p>Wind energy was in second place with 53GW, followed by coal with 52GW, gas with 41GW, and hydro with 31GW.<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-format=\"fluid\" data-ad-layout=\"in-article\" data-ad-client=\"ca-pub-7565662001938327\" data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nThe index ranks the major power markets across the globe and helps stakeholders to identify the countries which present the most opportunities in the short-term, based on their performance on macroeconomic and power business indicators.<\/p>\n<p>The index also provides a strong understanding of the indices which have been created by technology for all major power technologies, namely thermal, wind, solar PV, hydro, nuclear, and biopower, which are then combined to give the overall index for the country.<\/p>\n<p>The GPAI also states that China and India occupy the top two spots as the most lucrative power markets in the short term.<\/p>\n<p>These are followed by the US, Turkey, Germany, and Brazil. China rolled out its latest five-year energy development plan, detailing the country\u2019s aim of investing about CNY2.5 trillion (more than $363 billion) through to 2020 in the development of renewable energy resources.<\/p>\n<p>Ankit Mathur, Power Practice Head at GlobalData, commented: \u2018\u2018If the planned energy development programme is followed, solar, hydro, and wind power would be the biggest benefactors. They would also support China\u2019s recently announced ambition to stop the production and sales of traditional energy vehicles in the coming decades.\u2019\u2019<\/p>\n<p>The US has lost ground in the index, due to a shift in energy policy under President Donald Trump. The Trump administration has issued orders to roll back many of the previous administration&#8217;s climate change policies, revive the US coal industry, and review the Clean Power Plan, which requires states to cut carbon emissions from power plants.<\/p>\n<p>Mathur, continued: \u2018\u2018Along with the US, the UK&#8217;s market has also lost attractiveness post-Brexit with uncertainty over the impacts of the country\u2019s decision to leave the European Union (EU). However a number of Southeast Asian markets show progress with high market attractiveness due to strong growth fundamentals and all-round capacity addition.\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solar has become the world\u2019s favourite new type of electricity generation, with more solar photovoltaic (PV) capacity being installed than any other generation technology according to GlobalData, the provider of business information and analytics. The company\u2019s latest report update on the GlobalData Power Attractiveness Index (GPAI) confirms that worldwide, approximately 72 gigawatts (GW) of new &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[199,107],"tags":[248,246,247,251,250,249],"class_list":["post-1299","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news-views-and-opinion","category-power","tag-gdpai","tag-globaldata","tag-globaldata-power-attractiveness-index","tag-pv","tag-solar-photovoltaic","tag-solar-power"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solar eclipses other new types of electricity generation - Engineer News Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/solar-eclipses-other-new-types-of-electricity-generation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solar eclipses other new types of electricity generation - Engineer News Network\" \/>\n<meta property=\"og:description\" content=\"Solar has become the world\u2019s favourite new type of electricity generation, with more solar photovoltaic (PV) capacity being installed than any other generation technology according to GlobalData, the provider of business information and analytics. The company\u2019s latest report update on the GlobalData Power Attractiveness Index (GPAI) confirms that worldwide, approximately 72 gigawatts (GW) of new &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/solar-eclipses-other-new-types-of-electricity-generation\/\" \/>\n<meta property=\"og:site_name\" content=\"Engineer News Network\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-25T08:23:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-03-26T17:24:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.engineernewsnetwork.com\/blog\/wp-content\/uploads\/2017\/09\/Global-Power-Attractiveness-Index-from-GlobalData.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2346\" \/>\n\t<meta property=\"og:image:height\" content=\"1992\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/#\\\/schema\\\/person\\\/4477342aea8e299c6a21761e513ea8e1\"},\"headline\":\"Solar eclipses other new types of electricity generation\",\"datePublished\":\"2017-09-25T08:23:17+00:00\",\"dateModified\":\"2018-03-26T17:24:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/\"},\"wordCount\":393,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/wp-content\\\/uploads\\\/2017\\\/09\\\/Global-Power-Attractiveness-Index-from-GlobalData.jpg\",\"keywords\":[\"GDPAI\",\"GlobalData\",\"GlobalData Power Attractiveness Index\",\"PV\",\"solar photovoltaic\",\"solar power\"],\"articleSection\":[\"News, Views and Opinion\",\"Power\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/\",\"url\":\"https:\\\/\\\/www.engineernewsnetwork.com\\\/blog\\\/solar-eclipses-other-new-types-of-electricity-generation\\\/\",\"name\":\"Solar eclipses other new types of electricity generation - 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