From EUobserver · · 50s
Renewables Race: Europe Lags Behind
Europe's renewable energy growth slows as global expansion accelerates.
In brief
Europe's renewable energy growth slows as global expansion accelerates. The IEA report shows Europe adding 100 gigawatts of renewable capacity annually until 2031, lagging behind global growth of 4,800 gigawatts by 2031. Originally reported by EUobserver.
Global Renewable Expansion
The International Energy Agency expects global renewable power capacity to grow by almost 4,800 gigawatts between 2026 and 2031, a 57 percent increase from the previous six years.
Europe's Slower Growth
The IEA cut its European renewable growth forecast by six percent compared to last year, though Europe will still add around 100 gigawatts annually until 2031.
Energy Security Drives Shift
Higher electricity prices from the Middle East conflict have not yet led to major policy changes or faster renewable installations in Europe.
The big picture
The IEA report shows Europe adding 100 gigawatts of renewable capacity annually until 2031, lagging behind global growth of 4,800 gigawatts by 2031.
