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'Exceptional New Normal': IEA Raises Growth Forecast For Wind And Solar By Another 25%

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Written by Econintersect Guest

– this post authored by Simon Evans, Carbon Brief

The International Energy Agency (IEA) has raised its forecast for the global growth of wind and solar by another 25% compared to figures it published just six months ago.

Furthermore, the IEA’s “renewable energy market update” forecasts nearly 40% higher growth in 2021 than it expected a year ago, putting wind and solar on track to match global gas capacity by 2022.

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Source: http://econintersect.com/pages/contributors/contributor.php?post=202105150352


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