It says renewable energy needs a stable regulatory framework, a cut in fossil-fuel subsidies and more interconnected power grids.
The first edition of Irena’s report Rethinking Energy focuses on the global power sector and how technological advances, economic growth and climate change are transforming it.
The development of renewables will lead to a “new industrial paradigm” for electricity production, as it should expand by 70% globally between 2011 and 2030, according to Irena.
The
