Renewable Energy Capacity Exceeded Coal In 2015
I didn’t want to let his pass without mentioning it. According to the International Energy Agency, the installed capacity of renewable energy worldwide surpassed coal for the first time ever in 2015. In addition, renewables, led by solar and wind, accounted for more than half of new energy capacity installed last year. Most of that growth, about 40%, came from China as they try to deal with their massive air pollution concerns. The agency predicts that renewables will account for 28% of all energy produced by 2021 as opposed to the 23% level in 2015. With the technology changing rapidly, the costs of renewables are continuing to fall and, accordingly, the energy capacity of renewables is continuing to increase.