Tripling Renewables Is Difficult But Completely Doable - Bloomberg
Tripling Renewables Is Difficult But Completely Doable - Bloomberg
Tripling Renewables Is Difficult But Completely Doable
“There are enough factories out there to support tripling renewables’ future,” BloombergNEF analyst Jenny Chase says on the latest episode of Zero.
Photovoltaic panels at the the Central de Abastos market in Mexico City on Tuesday, June 13. Dubbed "Solar City" by Mayor Claudia Sheinbaum, the solar farm being developed at Mexico City's main wholesale market will hold 30,000 Chinese-made panels and will be one of the largest urban solar projects globally. Photographer: Jeoffrey Guillemard/Bloomberg
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If all goes to plan, COP28 will end with an agreement to triple renewables globally by 2030.
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Tripling Renewables Is Difficult But Completely Doable
Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.