Tuesday, April 28, 2020

Renewables 72% of new gen capacity last year

From a report by IRENA.



As far as I can make out, these data are for net expansions in capacity.  The good news?  The percentage of renewables in new generation capacity is steadily rising, and is now nearly three-quarters of total new generation capacity.  At the rate at which this percentage is increasing, it wil reach 100% in 7 or 8 years.  The bad news?  The renewable share in total generation capacity rose from 33.3% in 2018 to 34.7% in 2019.  And at this measly rate of increase, it will take 46 years to reach 100%.  This is far, far too slow.  We need to get to a 100% renewable grid long before 2066. 

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