Considered two of the most polluting countries in the world, China and India will be “the Giants“That will head”the emergence of the new global energy system“Renewable for the next five years, said the director of the International Energy Agency (IEA), Fatih Birol.
“China and India will be the giants that alone will account for half of the increase in energy capacity in renewables worldwide“, he pointed Birol in the presentation of the annual report on renewables.
“55% of the world’s power plants will be solar, led by emerging countries”Said the manager, who welcomed the commissioning of 290 gigawatts (Gw) of installed renewable capacity during 2021, 3% more than in 2020.
Nevertheless, “One of the most worrying points” for Birol it is “the high price of raw materials ” that directly affects the cost of the equipment used for the generation of renewables.
“If they remain high in the coming months, we will see a setback”In the development of solar and wind energy, warned the director of the OUCH.
The head of the agency, however, put the accent on good examples, such as India.
“It is going in a very good direction and will surely meet the 500 Gw of clean energy before 2030, promised by Prime Minister Narendra Modi at the last COP26. It will be very good for India and the rest of the world.”Emphasized Birol.
He also highlighted that India, the second most populous country in the world with 1.38 billion inhabitants, is “making great strides”In biofuels. By 2026 it will be the third market in the world in this sector, only behind the United States and Brazil.
The executive also welcomed the commitment of China for electric vehicles, with notable growth thanks to the fact that, among other factors, “the cost of batteries is going down”. The Asian giant, with 1,400 million inhabitants, is well on track to advance the emission commitments of the COP26, he remarked.
“We see very clearly in the IEA the emergence of the new global energy system and we are very happy to attend it, to identify it, to help and, where we can, to lead that process.”, He concluded.
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