Study: Renewables rollout must accelerate, as peak oil demand looms

Michael Holder
clock • 4 min read

A rapid upscale in renewables, batteries, CCS, and clean tech is needed by 2030 in order to hit Paris Agreement goals, a new report suggests

The world needs eight times more renewable power capacity than today along with a massive increase in the rate of battery manufacturing, carbon capture and storage deployment, hydrogen production, and...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

UK energy companies unite to bring solar power to Ukrainian hospital

UK energy companies unite to bring solar power to Ukrainian hospital

Charity RePower Ukraine donates solar and battery system to provide hospital near frontline with reliable clean power

clock 21 November 2025 • 2 min read
Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study: Cutting energy demand could offer cheapest and fastest route to net zero

Study explores range of decarbonisation scenarios to examine how behavioural and lifestyle changes could help deliver on net zero goals

clock 20 November 2025 • 3 min read
Vattenfall inks deal to sell UK electricity distribution business

Vattenfall inks deal to sell UK electricity distribution business

Swedish state-owned firm to divest UK electricity distribution arm to Eclipse Power in deal with wholly-owned subsidiary of the Octopus Sky Fund

Stuart Stone
clock 18 November 2025 • 3 min read