Clean energy to double share of electricity market by 2030

By RA, ejinsight.

Renewable energy will account for 40 percent of electricity output capacity by 2030, almost double today’s market share.

The expansion will be due to lower technology costs, Bloomberg reports, citing Adnan Amin, director general of the International Renewable Energy Agency (IRENA).

“We anticipate with the, which is quite remarkable growth.”

That compares with 22 percent today, according to IRENA.