The IEA has released the latest electricity market report.
This is an important section.
Fossil fuel production increased by 950 TWh last year, while renewable energy increased by 463 TWh.
While some of the increase is related to a recovery in demand from the 2020 pandemic level, it is clear that renewables will continue to struggle to keep up with the increase in demand over the next few years. Don’t worry about changing fossil fuels.
In my view, the IEA is very optimistic even with that assumption, as we know that coal-fired power still meets most of the additional demand in China and India. In extreme cases, Europe and the United States are unlikely to be able to offset this.
While Fatih Birol whistled in the dark, the wonderful words at COP26 hit the wall of reality.
Fossil fuel production will surpass renewable energy in 2021 – IEA – so watt up?
https://wattsupwiththat.com/2022/01/15/fossil-fuel-generation-outpaces-renewables-in-2021-iea/?utm_source=rss&utm_medium=rss&utm_campaign=fossil-fuel-generation-outpaces-renewables-in-2021-iea Fossil fuel production will surpass renewable energy in 2021 – IEA – so watt up?