By: Inspenet, Dec 7, 2022
The world is poised to develop as much renewable capacity in the next five years as it has in the past 20, according to the International Energy Agency’s (IEA) Renewable Energy Report 2022.
Solar and wind power will become the world’s main sources of electricity by 2025, as countries seek to reduce their reliance on fossil fuels.
Global renewable capacity is expected to gain 2,400 gigawatts (GW) over the period 2022-2027, as much as China’s current power capacity, and a third more than experts predicted just a year ago, IEA analysts have calculated. for this annual report.
The Agency, which advises states on their energy policies, highlights “the speed with which governments have been able to promote renewables a little more.” This is particularly true in Europe, which is looking to replace Russian gas, and where installed capacity in 2022-27 should double compared to the last five years. Elsewhere, China, the United States and India are leading the charge, with plans and market reforms not necessarily expected so fast originally.
The report forecasts a tripling of the photovoltaic park between 2022 and 2027, particularly on the roofs of shops and residences, with consumers wanting to limit their bills. The IEA also sees the beginning of diversification in the production of this equipment, particularly towards India and the United States. Wind power should double its capacity during the period, to four-fifths onshore. Finally, the demand for biofuels should grow by 22%, driven by the United States, Canada, Brazil, Indonesia and India, which have adopted support measures for this energy.
Source: https://news.eseuro.com/negocio/1217603.html
Photo: ShutterStock
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