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Green energy accounted for more than half of net electricity generation capacity added around the world last year for the first time, leading energy experts have found.

 

The International Energy Agency (IEA) said the milestone was evidence of a rapid transformation in energy taking place, and predicted capacity from renewable sources will grow faster than oil, gas, coal or nuclear power in the next five years.

 

But the analysts said the outlook in the UK has deteriorated since the Conservative government took power last year and cut support for wind and solar power. The agency’s chief said Britain had huge renewable energy potential and ministers needed to design stronger policies to exploit it.

 

“What I see is we are witnessing the transformation of energy system markets led by renewables and this is happening very quickly,” said Dr Fatih Birol, executive director of the IEA. “This transformation and the growth of renewables is led by the emerging countries in the years to come, rather than the industrialised countries.”

Green energy accounted for more than half of net electricity generation capacity added around the world last year for the first time, leading energy experts have found.

 

The International Energy Agency (IEA) said the milestone was evidence of a rapid transformation in energy taking place, and predicted capacity from renewable sources will grow faster than oil, gas, coal or nuclear power in the next five years.

 

But the analysts said the outlook in the UK has deteriorated since the Conservative government took power last year and cut support for wind and solar power. The agency’s chief said Britain had huge renewable energy potential and ministers needed to design stronger policies to exploit it.

 

“What I see is we are witnessing the transformation of energy system markets led by renewables and this is happening very quickly,” said Dr Fatih Birol, executive director of the IEA. “This transformation and the growth of renewables is led by the emerging countries in the years to come, rather than the industrialised countries.”

Source: THe Guardian