Bioenergy from liquid biofuels and biogas will lead growth in renewable energy consumption to 2023, due to its rising use in the heating and transport sectors, according to the International Energy Agency (IEA).
Overall, renewable energy will continue to grow to 2023, accounting for 40 percent of energy consumption growth as countries cut their greenhouse gas emissions to try and keep global warming in check.
While growth in solar and wind power is set to continue in the electricity sector, bioenergy will remain the largest source of renewable energy, the IEA said in an annual report on renewables.
“Modern bioenergy is the overlooked giant of the renewable energy field,” said Fatih Birol, the IEA’s executive director. Read More
Latest posts by ET Energy World (see all)
- Panaji power infrastructure project gets bids from four firms - October 19, 2018
- We have loaded additional $1 bn for new blocks over planned capex: Sudhir Mathur, Cairn Oil and Gas - October 19, 2018
- Gurdeep Singh assumes additional charge as DVC chairman - October 18, 2018