Solar the new ‘king of electricity’ as renewables make up bigger slice of supply: IEA

PARIS (Reuters) – Solar output is expected to lead a surge in renewable power supply in the next decade, the International Energy Agency said, with renewables seen accounting for 80% of growth in global electricity generation under current conditions.

FILE PHOTO: A photovoltaic solar panel farm is seen in Porto Feliz, Sao Paulo state, Brazil February 13, 2020. REUTERS/Amanda Perobelli/File Photo

In its annual World Energy Outlook on Tuesday, the IEA said in its central scenario – which reflects policy intentions and targets already announced – renewables are expected to overtake coal as the primary means of producing electricity by 2025.

The combined share of solar photovoltaic (PV) and wind in global generation will rise to almost 30% in 2030 from 8% in 2019, it said, with solar PV capacity growing by an average 12% a year.

“I see solar becoming the new king of the world’s electricity markets,” IEA

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Solar the new ‘king of electricity’ as renewables make up bigger slice of supply

By Forrest Crellin

PARIS (Reuters) – Solar output is expected to lead a surge in renewable power supply in the next decade, the International Energy Agency said, with renewables seen accounting for 80% of growth in global electricity generation under current conditions.

In its annual World Energy Outlook on Tuesday, the IEA said in its central scenario – which reflects policy intentions and targets already announced – renewables are expected to overtake coal as the primary means of producing electricity by 2025.

The combined share of solar photovoltaic (PV) and wind in global generation will rise to almost 30% in 2030 from 8% in 2019, it said, with solar PV capacity growing by an average 12% a year.

“I see solar becoming the new king of the world’s electricity markets,” IEA Executive Director Fatih Birol said. “Based on today’s policy settings, it is on track to set new records for

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Green Electricity Provider to Create 1,000 New Jobs in U.K.

(Bloomberg) — A U.K. clean energy company is seeking to create 1,000 jobs by the end of next year, expanding its technology to simplify the way consumers buy electricity.



a field of grass with trees in the background: Power lines run from Hinkley Point nuclear power stations, operated by Electricite de France SA's (EDF), near Bridgwater, U.K., on Thursday, Sept. 15, 2016. After a decade of dealmaking and political brinkmanship, Electricite de France SA finally won the green light to build what will be the most expensive nuclear power station ever built, an 18 billion-pound ($24 billion) behemoth at Hinkley Point on England's west coast.


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Power lines run from Hinkley Point nuclear power stations, operated by Electricite de France SA’s (EDF), near Bridgwater, U.K., on Thursday, Sept. 15, 2016. After a decade of dealmaking and political brinkmanship, Electricite de France SA finally won the green light to build what will be the most expensive nuclear power station ever built, an 18 billion-pound ($24 billion) behemoth at Hinkley Point on England’s west coast.

Octopus Energy Ltd. said it wants to make the U.K. the “Silicon Valley of energy” and detailed a plan to expand its cloud-computing platform, known as Kraken, which aims to make it easier and cheaper for people to use renewable energy.

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The new jobs will go mainly to graduates and

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SwitchDin’s Technology Selected for World-First Project to Increase Solar Hosting Capacity for Electricity Distribution Networks

SwitchDin, an Australian energy management software company, has been retained by distribution networks, SA Power Networks and AusNet Services, to provide a global-first solution that will allow networks to create flexible solar export limits to accommodate the growth of rooftop solar photovoltaic (PV) systems that are connected to the grid.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201001005065/en/

SwitchDin CEO Dr Andrew Mears with SwitchDin Droplet controller (Photo: Business Wire)

The installation of PV systems is growing at a rate of more than 200,000 each year in Australia’s National Electricity Market (NEM), and distribution networks are reaching the limit of their ability to host rooftop solar in some areas. This flexible export capability will allow SA Power Networks and AusNet Services to offer an alternative to the strict export limits currently required to address these challenges, increasing the penetration of renewable energy, creating more value for customers

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