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2 min read Energy Transition

Renewable power capacity expected to more than double by 2030

"Policymakers need to pay close attention to supply chain security and grid integration challenges.”
Melodie Michel
Melodie Michel
Renewable power capacity expected to more than double by 2030
Photo by Mariana Proença on Unsplash

The amount of renewable power capacity around the globe is set to more than double by 2030, with 4,600 gigawatts (GW) to be installed in the next five years.

This means that the equivalent of the current renewable power generation of China, the EU and Japan combined will be added to the global energy mix in this timeframe – despite the current supply chain strains, grid integration challenges, financial pressures and policy shifts.

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