Need to make renewable energy system more sustainable: IEA

Need to make renewable energy system more sustainable: IEA

FPJ BureauUpdated: Friday, May 31, 2019, 10:05 PM IST
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New Delhi : Countries have to work towards making their renewable energy system more secure and sustainable, even as their governments need to remove this concern that clean energy sources cannot achieve full potential, says an International Energy Agency (IEA) report.

“Governments must remove the question marks over renewables if these technologies are to achieve their full potential, and put our energy system on a more secure, sustainable path,” IEA Executive Director Fatih Birol said.

According to IEA annual market report, renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies.

It said that renewable electricity additions over the next five years will top 700 gigawatts (GW) – more than twice Japan’s current installed power capacity. By 2020, the amount of global electricity generation coming from renewable energy will be higher than today’s combined electricity demand of China, India and Brazil.

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