IEA Slashes 2030 Global Renewable Energy Forecast Amid US and China Policy Shifts
IEA Slashes 2030 Global Renewable Energy Forecast Amid US and China Policy Shifts The International Energy Agency (IEA) has significantly scaled back its forecast for global renewable power growth by 2030, projecting a substantial shortfall compared to previous estimates. In a report released this Tuesday, the Paris-based agency now anticipates total renewable capacity to reach only 4,600 gigawatts (GW) by 2030, a sharp reduction from last year’s projection of 5,500 GW. This downgrade, which represents a 900 GW reduction from…