Renewable electricity growth is accelerating faster than ever worldwide

Renewable electricityRenewable electricity growth is accelerating faster than ever worldwide, supporting the emergence of the new global energy economy 

Stronger policies and raised climate goals leading into COP26 are driving renewables to new records, but faster deployment across all key sectors is needed to reach net zero

The growth of the world’s capacity to generate electricity from solar panels, wind turbines and other renewable technologies is on course to accelerate over the coming years, with 2021 expected to set a fresh all-time record for new installations, the IEA says in a new report

Despite rising costs for key materials used to make solar panels and wind turbines, additions of new renewable power capacity this year are forecast to rise to 290 gigawatts (GW) in 2021, surpassing the previous all-time high set last year, according to the latest edition of the IEA’s annual Renewables Market Report. Continue reading “Renewable electricity growth is accelerating faster than ever worldwide”

Wales’ 100% renewable energy challenge

Wales could meet 100% of its energy needs from renewable sources by 2035, under an “ambitious” new plan set out by policy experts.

It urges Welsh Government to allocate more of its budget to green energy.

The Institute of Welsh Affairs (IWA) predicts 20,150 jobs could be supported annually if the target is achieved.

First Minister Mark Drakeford said Wales was making good progress and the IWA provided a “welcome insight” into what the future could look like.

The 10-point plan is the culmination of three years of research by IWA, and will be presented to an audience of politicians and industry figures in Cardiff. Continue reading “Wales’ 100% renewable energy challenge”