Launch of the IEA’s Medium-Term Renewable Energy Market Report 2016
WHAT: Publication of the IEA’s Medium-Term Renewable Energy Market Report 2016
WHEN: Tuesday, 25 October, at 10:00 AM Paris time
The rapid spread of renewable energy is a bright spot in the global energy transition toward a low carbon economy. Despite lower fossil fuel prices, renewable power expanded at its fastest-ever rate in 2015 thanks to supportive government policies and sharp cost reductions. Renewables accounted for more than half of the world’s additional electricity capacity last year. But even with this remarkable progress, there are questions about whether renewables are on track to reach targets set by the Paris Agreement. ….