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Clean Energy to Take Bigger Share of Electricity Market by 2030

2016-05-29 11:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Renewable energy will account for 40 percent of electricity output capacity by 2030, almost double todays market share, according to the International Renewable Energy Agency. The expansion will be due to lower technology costs, Adnan Amin, Irenas director general, said in an interview on Bloomberg TV in Dubai. We anticipate with the lower technology cost, by 2030 were going to have renewables capacity in the global power system at around 40 percent, which is quite remarkable growth. That compares...

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