BATHINDA: The latest edition of the World Energy Outlook (WEO), the most authoritative global source of energy analysis and projections, which was released on Tuesday, describes an energy system in 2030 in which clean technologies play a significantly greater role than the present. This includes almost 10 times as many electric cars on the road worldwide; solar PV generating more electricity; renewables’ share of the global electricity mix nearing 50% up from around 30% today; heat pumps and other electric heating systems outselling fossil fuel boilers globally; and three times as much investment going into new offshore wind projects than into new coal- and gas-fired power plants.
All of those increases are based only on the current policy settings of governments around the world.