Energy crisis fuels renewables boom: IEA
The energy crisis is fuelling an acceleration of the rollout of renewable power, raising hopes for efforts to meet ambitious targets against global warming, the International Energy Agency said Tuesday.
Total renewables capacity growth worldwide is set to almost double in the next five years and overtake coal as the largest source of electricity generation by 2025, the IEA said in a report.
The 2,400-gigawatt growth between 2022-2027 is almost a third higher than last year’s IEA forecast, according to the Paris-based agency, which advises developed nations.
