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By 2025, renewables to beat coal as world's top energy source: IEA

13 Dec 2022

 

The energy crisis stoked by the Russia-Ukraine war has aggravated the global push towards renewable sources of energy, such as wind and solar. 

Renewable sources of energy are forecasted to overtake coal as the largest source of electricity generation worldwide by early 2025, Paris-headquartered International Energy Agency said. The forecast holds remarkable significance to keep alive the global goal of limiting Earth's warming temperatures to 1.5 degrees Celsius. 

The agency also said that the world is set to add as much renewable energy in the next five years as it did in the last twenty years. It added that the war in Ukraine has pushed forward the growth in renewables such as solar and wind.

“Energy security concerns caused by Russia’s invasion of Ukraine have motivated countries to increasingly turn to renewables such as solar and wind to reduce reliance on imported fossil fuels,” the IEA said.