Energy Watch Group: IEA to lift its solar PV and wind projections

The Energy Watch Group notes that the IEA has consistently undermined the potential of renewables in the last decade
The Energy Watch Group notes that the IEA has consistently undermined the potential of renewables in the last decade

Following extensive critique in 2015, the International Energy Agency (IEA, Paris) will finally raise its projections for solar photovoltaics (PV) and wind capacity in its forthcoming 2017 World Energy Outlook, the Energy Watch Group (EWG, Berlin), announces in a newsletter.

In a series of studies, the Energy Watch Group has proved that the IEA has consistently undermined the potential of renewables in the last decade.

“This reality-check has been long overdue in the global community’s quest for an energy transition,” EWG notes, and will analyse the update.

According to EWG, the reviewed projections could lend a new momentum to the Paris Agreement, which surpassed its ratification threshold in a record short time and is set to enter into force on November 4th, 2016.

“While the speedy process is, in fact, a historic development, and rightly applauded by many, many warning voices have called for immediate action. The missing part is political will, as a 100% renewable energy system is not only feasible but more cost-effective than the existing system in many parts of the world,” EWG concludes.

Further Information: energywatchgroup.org

 

2016-10-20 | Courtesy: EWG | solarserver.com © Heindl Server GmbH

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