Study: faster deployment of renewables necessary

Solar energy leads the way as 335 renewable and clean energy projects commissioned, but supply chain changes and policy actions needed for ambitious targets.

Renewables and clean energy projects added nearly 66 gigawatts to the global power grid in 2022, bringing the world closer to its environmental goals. But the pace of project deployment needs to move much faster to reach the 2050 net-zero target, according to the Energy Industries Council (EIC), the world’s leading energy trade association. The EIC's first global operational expenditure (OPEX) report, released this week, reveals that a total of 335 renewable and clean energy projects were commissioned in 2022. These included 128 onshore wind, 6 offshore wind, 159 solar, 10 energy from waste, 17 biomass,... ... More: Official Press Release Energy Industries Council (EIC)

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EIC, renewable energy, project. gigawatt, deployment, global, power, energy, net zero target, Energy Industries Council, commission, supply chain