IEA forecasts low-emission sources to supply over half of global electricity by 2030

independent.co.uk October 16, 2024, 11:00 AM UTC

Summary: The International Energy Agency (IEA) reports that low-emission sources like solar and wind are expected to provide over half of the world's electricity by 2030. This shift is driven by rising electricity demand, particularly from electric vehicles and data centers.

China is a major contributor, accounting for two-thirds of the global increase in electricity demand. The country is rapidly adopting electric vehicles, with projections indicating that 70% of new car sales will be electric by 2030.

Despite progress in renewable energy, infrastructure investments are lagging. The IEA warns that without improved support for energy systems, including storage and grid upgrades, the world may struggle to meet climate goals and reduce carbon emissions effectively.

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