In the US and Europe, there will need to be around 1.6TW of solar and wind generation capacity either in operation, or having reached financial close, by 2030. Image: Summit Ridge Energy.
While there is growing support for new renewable power projects across Europe and the US, these regions could need to announce close to 200GW of new clean energy capacity by 2030 to meet the world’s energy transition goals.
This is the conclusion of US analyst McKinsey & Company, which published its assessment of the world’s clean energy commitments, compared to the scale of investments needed to meet climate change targets, in a report this week. ‘The energy transition: Where are we, really?’ argues that in an “increasingly complex and uncertain global energy space,” greater investment into renewable energy capacity will be needed to meet the targets set by the Science-Based Targets Initiative.
(The above content is reproduced from pv-tech，By JP Casey）
Disclaimer: This website reproduces information from cooperative media, institutions or other websites. The publication of this article for the purpose of transmitting more information,and it does not imply endorsement of its views or confirmation of the authenticity of the content. All information on this website is for reference only and can’t be used as the basis for transactions or services. If there are any infringement or other issues in the content of this website, please notify it in time, then this website will be promptly modified or deleted. Anyone who logs in to this website in any way, or directly or indirectly uses the information on this website shall be deemed to have voluntarily accepted the binding of this website statement.
