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#1 2021-01-17 06:50:05
- Tallex
- Administrator
Solar the new 'king of electricity' as renewables make up bigger slice
Solar the new 'king of electricity' as renewables make up bigger slice of supply: IEA
https://www.reuters.com/article/us-iea- … SKBN26Y0E7
In its annual World Energy Outlook on Tuesday, the IEA said in its central scenario - which reflects policy intentions and targets already announced - renewables are expected to overtake coal as the primary means of producing electricity by 2025.
The combined share of solar photovoltaic (PV) and wind in global generation will rise to almost 30% in 2030 from 8% in 2019, it said, with solar PV capacity growing by an average 12% a year.
“I see solar becoming the new king of the world’s electricity markets,” IEA Executive Director Fatih Birol said. “Based on today’s policy settings, it is on track to set new records for deployment every year after 2022.”
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