Solar and batteries steal the show, but world need
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Posted On: 10/17/2024 1:14:31 PM
Solar and batteries steal the show, but world needs more renewables quickly to meet 1.5°C target
https://reneweconomy.com.au/solar-and-batteri...5c-target/
The International Energy Agency has highlighted the falling cost of solar and lithium battery technology in its latest World Energy Outlook, which points to a surge in renewable energy deployments, an imminent peak for fossil fuels but still a shortfall in the deployments needed to meet crucial 1.5°C climate goals.
The WEO, released on Wednesday, points to an increasingly complex political and technology outlook, with wars in the Middle East and Ukraine and political divisions over key energy policies in many countries, particularly the US, that account for half of the world’s energy use.
The IEA says the global troubles underline the need for an accelerated transition to clean energy, for the sake of prices and energy security.
icymi
https://reneweconomy.com.au/solar-and-batteri...5c-target/
The International Energy Agency has highlighted the falling cost of solar and lithium battery technology in its latest World Energy Outlook, which points to a surge in renewable energy deployments, an imminent peak for fossil fuels but still a shortfall in the deployments needed to meet crucial 1.5°C climate goals.
The WEO, released on Wednesday, points to an increasingly complex political and technology outlook, with wars in the Middle East and Ukraine and political divisions over key energy policies in many countries, particularly the US, that account for half of the world’s energy use.
The IEA says the global troubles underline the need for an accelerated transition to clean energy, for the sake of prices and energy security.
icymi
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