Half of all new power plants built last year produced green energy, in what is one of the “clear signs that an energy transition is underway,” the International Energy Agency said in a report published this past week. Renewables are now the second-largest source of electricity after coal, according to the 28-country organization’s 2015 World Energy Outlook report. Renewables are set to overtake coal as the largest source of electricity generation by the early 2030s, the report said. By 2040, the European Union is expected to generate 50 percent of its electricity from renewables, China and Japan should hit 30 percent, and the United States and India plan to surpass 25 percent.
Photo Credit: John Vlahakis