Nov 14, 2020

IEA: Wind and solar capacity will overtake both gas and coal globally by 2024

Posted by in category: energy

A new report by the International Energy Agency has shown that wind and solar capacity will likely exceed coal and gas in less than five years.

Wind and solar capacity will double over the next five years globally and exceed that of both gas and coal, according to a new International Energy Agency (IEA) report.

The Paris-based intergovernmental agency anticipates a 1,123 gigawatt (GW) increase in wind and solar that would mean these power sources overtake gas capacity in 2023 and coal in 2024.

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