Electrification is the most cost-effective way to decarbonise Europe’s economy. Direct and indirect electrification will make up 75% of Europe’s energy demand by 2050.
Schlagwort: climate goals
Okt. 25
IEA raises its five-year renewable growth forecast as 2015 marks record year
The International Energy Agency said today that it was significantly increasing its five-year growth forecast for renewables thanks to strong policy support in key countries and sharp cost reductions. Renewables have surpassed coal last year to become the largest source of installed power capacity in the world.
The latest edition of the IEA’s Medium-Term Renewable Market Report now sees renewables growing 13% more between 2015 and 2021 than it did in last year’s forecast, due mostly to stronger policy backing in the United States, China, India and Mexico. Over the forecast period, costs are expected to drop by a quarter in solar PV and 15 percent for onshore wind.
Renewable-Energy-Industry.com
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