We're starting to emerge from an energy crisis, which showed the
very volatile nature of an energy system based on fossil
fuels.
One piece of good news to come from this crisis was countries
across the world making major investments in renewable
energy.
A report from the IEA has found that renewable generation
is planned to account for more than 90% of electricity expansion
across the world over the next five years, and this planned
increase in renewable capacity is more than was built in the past
20 years. This massive expansion is 30% higher than was predicted
before the crisis.
What's more, renewables are finally set to overtake coal as the
world's biggest source of power by early 2025.