There is a project to build the largest offshore wind farm in the United States

Worldwide in 2020, the energy capacity of wind farms and solar power plants increased by 45% compared to the previous year

Wind power plant (Getty Images) The use of renewable energy has grown in around the world at the fastest pace ever since 1999. A study published by the International Energy Agency (IEA) found that, in 2020, the energy capacity of wind farms and solar power plants increased by 45 % compared to the previous year. According to the agency's estimates, this trend will remain constant over time and renewable energies will represent 90% of the new global energy expansion.

Specifically, wind power generation has almost doubled, with an increase of 90%, while photovoltaics grew by 50%, due to the strong demand for clean energy by governments and companies in the last year. According to Fatih Birol, executive director of the IEA, world governments must "support this promising momentum" by putting in place policies to "encourage even greater investments in solar and wind, in grid infrastructures to transport energy and in other sectors. renewables such as hydroelectric, bioenergy and geothermal ". Furthermore, the report highlights that renewables are the only energy source whose demand has increased in 2020, despite the pandemic. On the other hand, the consumption of all other fuels, such as oil and gas, has been decreasing. According to the IEA, in the coming years, the growth of the wind market could slow down, while remaining above the average between 2017 and 2019. While we expect continued growth in photovoltaics.

This growth largely depends on the new energy policies adopted by the European Union, China and the United States. From Washington, President Joe Biden has promised even faster growth in renewables and a 50% cut in CO2 emissions over the next 10 years. The news that the White House has authorized the construction of the first large offshore wind farm in the United States, which will be able to provide power for more than 400,000 homes.

China is at the center of the growth of the energy industry renewables, having accounted for more than 40% of the global market growth in recent years. It is also one of the world's largest suppliers of raw materials to build plants, such as silicon, steel and rare earths. However, it also remains the largest greenhouse gas emitter in the world, due to its massive use of coal-fired power plants. Finally, Europe has set the goal of reaching the supply of 38-40% of its energy from renewable sources by 2030, about double the current proportion, and of reaching climate neutrality by 2050.


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Topics

China Solar energy Europe Green Network Energy Joe Biden United States globalData.fldTopic = "China, Energy, Solar Energy, Europe, Green Network Energy, Joe Biden, United States"

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