The IEA says global renewable power generation is expected to grow by 40% over the next five years to 6,850TWh “despite a difficult economic context”.
Renewables are the fastest-growing power source and will account for almost a quarter of generation by 2018, claims the IEA.
The body’s latest Medium-Term Renewable Energy Market Report (MTRMR) predicts that as soon as 2016 renewable generation – including hydro – will exceed that from gas and be double that from nuclear.
The
