As reported by Market Update Energy Renewable May 2022 by the International Energy Agency (IEA), capacity renewable electricity A record 295 gigawatts were added in 2021 despite tight supply, delayed construction and soaring material prices.
The IEA expects the world to produce an additional 320 gigawatts of renewable electricity this year, equivalent to all of the world’s electricity demand. use the electricity of Germany or the total electricity capacity of the European Union (EU) produced from natural gas. Solar energy will account for 60% of the year’s total renewable energy capacity, surpassing wind and hydroelectric power.
According to the IEA, based on current policies, the world’s renewable electricity capacity is forecasted to gradually decrease by 2023, in which hydropower capacity growth will decrease by 40% and wind power will not change much compared to the previous year. this year.
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