New IEA Report Predicts Surge in Worldwide New Renewable Generation

SUGAR LAND, TEXAS--May 14, 2021--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Renewables were the only energy source for which demand increased in 2020 despite the pandemic, while consumption of all other fuels declined, according to a new report from the International Energy Agency (IEA) (Paris, France). The report, Renewable Energy Market Update: Outlook for 2021 and 2022, asks whether renewable energy will continue growing in 2021 and 2022, and at what rate, assuming the global economy recovers from the COVID-19 pandemic.