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IEA Lifts Renewables Forecast for Europe, but China Continues to Dominate

from S&P Global

Solar power is set to dominate global renewable electricity capacity additions in the five years to 2023, while modern bioenergy "has huge prospects for future growth" in green transport and heat, the International Energy Agency said in its annual renewables report published Monday. Global renewable electricity capacity is forecast to expand by over 1,000 GW between 2018 and 2023, compared with a 920 GW forecast for the 2017 to 2022 period a year ago. more


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