12182017Mon
Last updateFri, 15 Dec 2017 3pm

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End-User News

Renewables Growth Squeezing Natural Gas and Coal

According to the International Energy Agency (IEA), renewable electricity is expected to grow by more than a third by 2022 to over 8,000 terawatt hours, which is equivalent to the total power consumption of China, India and Germany combined. By then, renewables will account for 30% of power generation, up from 24% in 2016. The growth in renewable generation will be twice as large as that of gas and coal combined. Though coal remains the largest source of electricity generation in 2022, renewables close the generation gap with coal by half in just five years. 

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