IRENA: Global goal of tripling renewables by 2030 still out of reach
Global goal of tripling renewables by 2030 still out of reach, says IRENA
by bardsmanship
IRENA: Global goal of tripling renewables by 2030 still out of reach
Global goal of tripling renewables by 2030 still out of reach, says IRENA
by bardsmanship
2 comments
The US is still ramping up installations and China installed more solar last year than the US has ever installed. The transition is accelerating.
>But IRENA’s analysis found that even if renewables continue to be deployed at the current rate over the next seven years, the world will fall 13.5% short of the target to triple renewables to 11.2 terawatts.
>A higher annual growth rate of at least 16.4% is required to reach the 2030 goal, IRENA said.
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So they are forecasting we’ll miss an arbitrary target by less than 15% seven years from now, assuming no increase in the rate of growth? I mean, yeah we should work hard to get that growth rate up. But we’re doing a pretty good job by this standard to be honest.
The report also highlights growth in renewables is slowest in places like Africa, but those are also the places where the economics of renewables are most favorable and most likely to see accelerating growth in solar. So based on what IRENA is saying we’re pretty well positioned to hit their goals.