Source:
"The IEA has published its latest
Electricity Market Report:
Fossil fuel generation increased by 950 TWh last year, whereas renewables increased by 463 TWh.
Part of the increase relates to recovery in demand from 2020 pandemic levels, but it is plain that renewable energy will continue to struggle to even meet increased demand in coming years, never mind start replacing fossil fuels.
My view is that the IEA are ultra optimistic in even that assumption, as we know that coal power is still meeting the majority of extra demand in China and India.
It is unlikely in the extreme that Europe and the US can offset this."
