Green energy growth threatened by policy uncertainty – IEA
Renewable energy expansion will slow down in the next five years as a result of policy uncertainty, according to the International Energy Agency (IEA), writes Energy Live News.
It warns of growing risks to deployment unless governments put more stable policies in place for green growth.
The IEA’s new report suggests power generation from renewable energy sources including solar, wind and hydro grew strongly in 2013, reaching almost 22% of global production.
However, despite predicting renewable output to increase by 45% and making up nearly 26% of global electricity generation by 2020, it expects annual growth to slow after 2014.