The revisions also include a proposal to boost the power that the EU receives from renewable energy to 40% from the current 32% by 2030.
These stricter pollution standards are accompanied by rules for national governments to bolster vehicle charging infrastructure. The revisions also include a proposal to boost the power that the EU receives from renewable energy to 40% from the current 32% by 2030.
This law can provide guidelines to other countries shifting towards net-zero emissions and encourage investments in the sectors pushing innovation in renewable energy.
The US Energy Information Administration (EIA) also reported last week that growth in large-scale solar capacity in the country was projected to exceed that of wind in 2022 for the first time.
The EIA’s short-term energy outlook estimates that wind and solar capacity will reach 15% of total US generation by next year, compared to 11% in 2020. A forecasted 17 GW of solar capacity will be added in 2022, compared to 6 GW for wind.
The following chart shows that renewable energy generation worldwide increased in 2020 compared to 2019, with a decrease in oil, natural gas, and coal for electricity generation use.
