We're Closer to Tripling Renewable Energy Capacity by 2030 Than We Look Iea
Governments are rolling out renewables at a record pace, and tripling capacity by 2030 is within reach - it's time to
Electrek 11:47 am on June 4, 2024
The International Energy Agency (IEA) highlights that governments worldwide are rapidly expanding renewable energy, with tripling capacity by 2030 as a goal. China leads in this endeavor, but current national plans fall short of the required targets; however, upcoming NDC updates could bridge this gap and meet global goals.
- Growth in Renewable Energy: The IEA report shows an unprecedented yearly increase in renewable capacity additions.
- China's Leadership: As the largest contributor, China is pivotal to achieving global targets for renewable energy expansion.
- Shortfall and Opportunity: While current national plans are insufficient, upcoming NDC updates present a chance to meet ambitious goals.
- Impact on Policy and Incentives: The report underlines the urgency for governments to update their policies to support renewable energy growth.
https://electrek.co/2024/06/03/global-pledge-triple-renewables-capacity-by-2030/