Wind and solar to produce over a third of global power by 2030 - report
, president of the next UN climate summit, COP28, earlier this year called for a tripling of renewable energy generation by 2030 to curb greenhouse gas emissions and help reach goals set under the 2015 Paris climate agreement.
Exponential sector growth means wind and solar projects are predicted to generate at least 33% of global electricity, up from around 12% now, leading to a fall in fossil fuel-powered generation and cheaper power, the RMI report showed. The RMI, a U.S.-based non-profit organisation focused on clean energy, carried out the research in partnership with the Bezos Earth Fund, a $10 billion fund created by Amazon owner Jeff Bezos to help fund solutions to climate change.
The cost of solar power, which is already the cheapest form of electricity production, will fall as low as $20 per megawatt hour from around $40 MWh currently, as more projects are deployed and economies of scale improve, the report said. "The benefit of rapid renewable deployment is greater energy security and independence, plus long-term energy price deflation because this is a manufactured technology - the more you install the cheaper it gets," said Kingsmill Bond, Senior Principal at RMI.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boulder woman dies in 500-foot fall after free-solo climbing in Rocky Mountain National ParkA 26-year-old Boulder woman died after free-solo climbing on the four Aces of Blitzen Ridge in Rocky Mountain National Park and falling about 500 feet, park officials said.
Read more »
Woman killed in a climbing accident in Rocky Mountain National ParkA woman died after she fell 500 feet Sunday while trying to “free solo” climb Blitzen Ridge, a rock formation on Ypsilon Mountain in Colorado’s Rocky Mountain National Park.
Read more »
Colorado woman dies after 500-foot fall while climbing at Rocky Mountain National ParkA 26-year-old woman died after falling about 500 feet while climbing a ridge in Rocky Mountain National Park in Colorado, marking the second fatality at the park this month.
Read more »
Woman killed in climbing accident in Rocky Mountain National ParkA woman died after she fell 500 feet Sunday while trying to 'free solo' climb Blitzen Ridge, a rock formation on Ypsilon Mountain in Colorado's Rocky Mountain National Park.
Read more »
Woman, 26, dies after 500-foot fall while free-solo climbing in Rocky Mountain National ParkA 26-year-old woman fell to her death during a free-solo climb in Rocky Mountain National Park.
Read more »
26-year-old Colorado woman dies after falling 500 feet at Rocky Mountain National Park: NPSA 26-year-old Boulder, Colorado, woman died after falling 500 feet while free-solo climbing a ridge at the Rocky Mountain National Park, park officials said.
Read more »