World Will Gain Enough Renewable Energy In 5 Years To Power China, Says IEA

"LONDON — Global renewable power capacity is set to grow as much in the next five years as it has over the past two decades, as soaring energy prices and the climate crisis force governments to ditch fossil fuels.

In a report published Tuesday, the International Energy Agency forecast a sharp acceleration in installations of renewable power. It now expects green energy to overtake coal to become the largest global source of electricity by early 2025.

Global renewable power capacity is now expected to grow by 2,400 gigawatts (GW) between 2022 and 2027, an amount equal to the entire power generating capacity of China today, according to the report. The increase is 30% higher than the Paris-based agency’s forecast of just a year ago."

Hanna Ziady reports for CNN December 6, 2022.

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"Renewables Will Overtake Coal by Early 2025, Energy Agency Says" (New York Times)

 

Source: CNN, 12/07/2022