The IEA believes that renewable energy will replace other energy sources as the main source of power generation in the next few years.

(AFP)

[Financial Channel/Comprehensive Report] The International Energy Agency (IEA) released the "Global Renewable Energy 2022" report on Tuesday (6th), showing that renewable energy is expected to replace coal and natural gas in 2025 and become the world's most important power source. source.

According to comprehensive media reports, the IEA stated that since the Russo-Ukraine war triggered the world's first real energy crisis, the momentum for the development of renewable energy was stimulated, and the sense of crisis for energy security in various countries has increased. Countries will regard renewable energy as " "Domestic energy" is accelerating its development. It is expected that by 2025, renewable energy will replace coal and become the world's most important source of electricity.

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The IEA also predicts that in 2027, the power generation capacity of renewable energy will increase by about 60% compared with 2021, reaching more than 12,400 terawatt hours (TWH), and the market share of electricity consumption will increase by 10 percentage points to 38%. Natural gas decreased by 7 and 2 percentage points to 30% and 21% respectively.

In addition, the global installed capacity of renewable energy is about 3,300 gigawatts (GW) in 2021, and the IEA predicts that it will increase by about 2,400 GW from 2022 to 2027, which is equivalent to the entire installed capacity of China today.

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