Renewables Set To Be the Largest Source of Electricity By 2025

According to a report from the International Energy Agency (IEA), the majority of global electricity will come from wind and solar in the next few years.

Multiple pylons shown in the distance as the sun sets
Are renewables the future?

It’s no secret that renewable energy is one of the best sources of electricity, and it was only a matter of time before it overtook coal to become the largest source of global electricity.

While it hasn’t happened yet it soon will, as early as 2025, according to ‘Renewables 2022,’ the latest edition of the International Energy Agency’s (IEA) annual report on the renewables sector.

The report states that wind and solar will account for over 90% of the global electricity expansion over the next five or so years, putting coal completely in the rearview mirror.

This amount (total renewable capacity growth) is set to almost double in the next five years, which will add as much power in the next five years as it did in two decades.

What’s more, the report also lays out a case for renewable power capacity to grow a further 25% on top of the main forecast!

The IEA report also notes that global renewable power capacity is now expected to grow by 2,400 gigawatts (GW) over the 2022-2027 period – an amount equal to the entire power capacity of China.

Why is the growth so accelerated? The answer lies in the current global energy crisis due to the war in Ukraine. Countries are now seeking greener pathways to energy and renewables show a lot of promise.

China is expected to cover almost half of the global renewable power capacity during this time frame (2022-2027), as a result of its recent 14th Five-Year Plan.

Big investment in the likes of America and India are expected to carve out a significant portion of this percentage, too, both of which have promised as much as $25 billion in investment over the next few years.

Above you’ll find a video from the IEA going over what we’ve discussed. We’d highly recommend watching it as it points to a possible future where renewables reign supreme.

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