The development of the electricity supply market is characterised by an increasing share of renewable electricity.By 2050, 96% of the electricity produced in Non OECD Asia will come from renewable energy sources. ‘New’ renewables – mainly wind, PV and solar thermal power – will contribute 88% of electricity generation. The Energy [R]evolution scenario projects an immediate market development with high annual growth rates achieving a renewable electricity share of 36% already by 2020 and 64% by 2030. The installed capacity of renewables will reach 605 GW in 2030 and 1,619 GW by 2050, an enormous increase.
Table 5.49 shows the comparative evolution of the different renewable technologies in Non OECD Asia over time. Up to 2020 hydro and wind will remain the main contributors of the growing market share. After 2020, the continuing growth of wind will be complemented by electricity from photovoltaics, solar thermal (CSP), and ocean energy. The Energy [R]evolution scenario will lead to a high share of fluctuating power generation sources (photovoltaic, wind and ocean) of 34% by 2030 and 54% by 2050, therefore the expansion of smart grids, demand side management (DSM) and storage capacity from the increased share of electric vehicles will be used for a better grid integration and power generation management.