Renewables scale the heights of power
Electricity generated from renewable energy will soar over the next five years with wind and solar leading the charge
Renewable energy is set to be the fastest-growing source of electricity generation over the next five years as lower costs and strong government support to decarbonise the power sector will promote surging capacity additions. Global renewable electricity capacity will increase by 826 gigawatts between now and 2021 reaching 2,795GW, according to the International Energy Agency's (IEA) Medium-Term Renewables Market Report . That rise of 42% will push the share of renewables in the global power generating mix from 23% in 2015, up to 28% in 2021. Renewables will provide over 60% of the growth in total global electricity generation over the next five years. Lower costs and more efficient technolo
Also in this section
12 March 2026
Role of world’s largest carbon cap-and-trade market under scrutiny as war in Iran threatens to drive EU energy costs to unsustainable levels
10 March 2026
Europe urgently needs to bring more projects to FID, as CCS investors warn they might divert capital to faster-growing regions
9 January 2026
A shift in perspective is needed on the carbon challenge, the success of which will determine the speed and extent of emissions cuts and how industries adapt to the new environment
2 January 2026
This year may be a defining one for carbon capture, utilisation and storage in the US, despite the institutional uncertainty






