Renewable energy expanded by 50 percent last year, and explosive growth is expected to continue this decade, according to the IEA. The switch to renewables is still not happening fast enough, but the tripling of capacity by 2030 is possible.
A new study finds that adopting CCS across many polluting sectors would cost $30 trillion more than a low-CCS scenario. Experts say the fossil fuel industry’s preferred solution would be “highly economically damaging.”
Renewable energy capacity additions are set to increase by a record 107 GW year on year to reach 440 GW globally in 2023, an IEA report said.
The U.S. this decade will see the ascent of clean energy: NREL.
State-controlled Ecopetrol believes the marriage of gas development and renewable power would help Colombia to meet growing gas demand while shifting more of its power generation to renewable sources.
Compared with other South American countries such as Brazil and Chile, Ecuador has lagged in adopting renewable energy.