RE provides half of new power in 2014, closes in on coal – IEA

Renewables are on course to overtake coal as the largest source of global power generation by the early 2030s, said the body.

The IEA in its World Energy Outlook 2015 forecasts that renewables-based generation could reach 50% in the EU by 2040, above 30% in China and Japan, and above 25% in the US and India.

“As the largest source of global greenhouse-gas emissions, the energy sector must be at the heart of global action to tackle climate change,” says Fatih Birol, IEA executive director.

“The