2. 2
High Renewables Scenario: Pathway to APEC Renewables Doubling Goal
Source: IEA (2015) and APERC analysis.
๏ฌ To meet the doubling RE goal, an average of 100 GW of new capacity should
be added each year from 2013-2030.
3. 3
Renewable Capacity Triples to Achieve Doubling Share Goal in Power
Note: this map is for illustrative purposes and is without prejudice to the status of or sovereignty over any territory,
Oceania (Australia, New Zealand and PNG), Other Americas (Canada, Chile, Mexico and Peru), Other north-east Asia (Hong Kong, Japan, Korea and
Chinese Taipei), South-East Asia (Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore, Thailand and Viet Nam),
BAU = Business-as-usual, HR = High Renewables
Source: IEA statistics 2015 and APERC analysis
2013 BAU: 819 GW
2030 HR: 2 510 GW
2040 HR: 3 041 GW
GW China
0
500
1 000
1 500
2 000
2 500
2013 2020 2030 2040
GW United States
0
200
400
600
800
1 000
2013 2020 2030 2040
GW Oceania
0
20
40
60
80
100
120
2013 2020 2030 2040
GW Other Americas
0
50
100
150
200
250
2013 2020 2030 2040
GW Other north-east Asia
0
100
200
300
2013 2020 2030 2040
GW South-East Asia
0
50
100
150
200
250
2013 2020 2030 2040
GW Russia
0
20
40
60
80
100
120
2013 2020 2030 2040
Hydro
Wind
Solar
Biomass and other
Geothermal
4. 4
0.0 0.5 1.0 1.5 2.0 2.5
Transmission lines
Distribution lines
Nuclear
Coal with CCS
Coal subcritical
Coal supercritial
Gas turbine
Gas CCGT
Oil
Hydro
Wind
Solar
Biomass and others
Geothermal
USD trillion
Investment in the electricity sector in the High Renewables Scenario, 2015-40
Renewables account for 70% of all power generation investments
Energy sector investments rise just 6% in High Renewables Scenario vs BAU as savings in
upstream, downstream and energy transport offset additional costs for renewables
By RE technology (share)
46%
31%
12%
8%
3%
Investments in High Renewables
Total Energy Sector โ USD 18.4 trillion
in Electricity Sector - USD 8.6 trillion