IEA: Renewable energy to fall short of UN goal to triple capacity by 2030
IEA: Renewable energy to fall short of UN goal to triple capacity by 2030
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NewsTranscript
00:00The International Energy Agency, or IEA, report predicts renewable energy will meet nearly half of global electricity demand by the year 2030,
00:10but this won't achieve the United Nations' goal to triple capacity for carbon reduction.
00:16Over 5,500 gigawatts of new renewable capacity is expected, mainly from solar, photovoltaic, which will account for 80% growth.
00:27Governments need to enhance grid integration and storage to meet targets.
00:32Despite challenges, 70 countries are on track to meet their renewable goals,
00:36as renewables are now the cheapest option for new power plants globally.