Election, Politics

Role of Renewables in the World's Energy mix

Renewable Energy | Non-Renewable Energy

icon Edvantage 3 months ago

In 2020, renewable electricity generation rose 7%, with wind and solar PV technologies together accounting for almost 60% of this increase. The share of renewables in global electricity generation reached almost 29% in 2020, a record annual increase of two percentage points. However, the drop in electricity demand caused by the Covid-19 slowdown in economic activity and mobility is a key reason for this record. Renewable power deployment as a whole still needs to expand significantly to meet the Net Zero Emissions by 2050 Scenario share of more than 60% of generation by 2030.

Natural gas has far lower emissions than coal when burnt for power and is a much cleaner way of generating electricity. Switching from coal to gas has cut more than 500 million tones of CO2 from the power sector this decade alone. And, as electricity production increasingly switches to renewable sources, gas is a flexible partner to wind and solar, providing quick and reliable back-up power whatever the weather.

Topics to be covered :
  • Increasing use of Solar and Wind Energy
  • Role of Gas as the world moves towards Net Zero
  • Renewable Energy in India; India's aim to provide 450 GW of renewable energy by 2030