Solar power will beat out coal globally in 3 years: International Energy Agency

power capacity of China today. By 2027, the biggest source of the world's electricity will be solar power, followed by coal, natural gas and wind, the group said.

"Renewables were already expanding quickly, but the global energy crisis has kicked them into an extraordinary new phase of even faster growth," IEA Executive Director Fatih Birol said in a statement."The world is set to add as much renewable power in the next five years as it did in the previous 20 years," Birol noted.

Two main factors are driving the rapid shift to renewable energy, found the IEA, which works with countries to develop polices aimed at enabling sustainable energy: price and security."First, high fossil fuel and electricity prices resulting from the global energy crisis have made renewable power technologies much more economically attractive, and second,

has caused fossil fuel importers, especially in Europe, to increasingly value the energy security benefits of renewable energy," the IEA wrote. . In the wake of Russia's war in Ukraine, the European Union has set its already high decarbonization targets higher still in a bid to reduce its dependence on imported fossil fuels, the IEA noted. is set to boost solar and wind growth, with India and China also on track to double installed solar and wind capacity in five years' time.

Despite the fast growth in clean energy, however, it still falls short of the amount of new green power needed to reach net-zero emissions by 2050, the IEA found. Other sources of clean power, including nuclear, hydropower and geothermal, are set to decline in in coming years. Renewables are also lagging outside the electricity sector.

About time!

True, if you can guarantee that the Sun will always Shine. What about when Roof Panels are covered with Snow for weeks, what would we do then.?

How much land will it take over to make this possible? How will this affect the climate, and the ecosystem? Too much of one thing seems to always turn out bad. Really need to find a balance. It's just my option of what I've observed throughout my life.

Fact-checkers please.

Buy this stock. They are moving forward with solar and wind.

pipe dreams

Wind Turbines requires 700 gallons of hydraulic oil that requires to be changed every 9 months. The lifetime of the Non Recyclable turbine blades is 7 years.

Meanwhile, in Green Japan:

And less reliable and more expensive.

I hope Germany is not apart of the International Energy Agency after their horrible energy management!

We will have daytime solar power when the son shines - which is less than 50% of the time. So for the other 50% plus times, will we use coal or do without?

By increasing alternative sources or destroying coal sources?

Good news. Just don't bankrupt us first.

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