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

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Global Briefing: Sun King plots $150m off-grid solar rollout in Ethiopia

'Our support for hydrogen is no secret': Is the gas boiler industry undermining the heat pump rollout?

More on Energy

AI is the UK energy sector's untapped optimisation opportunity
Energy

AI is the UK energy sector's untapped optimisation opportunity

With grid pressures mounting and demand-side flexibility still underutilised, AI-driven optimisation may be one of the most undervalued levers in the UK's net zero transition, writes Centrica's Gunjan Arora

Gunjan Arora, Energised Future at Centrica
clock 30 March 2026 • 4 min read
Global Briefing: Sun King plots $150m off-grid solar rollout in Ethiopia
Energy

Global Briefing: Sun King plots $150m off-grid solar rollout in Ethiopia

Plus Trump Administration agrees to pay TotalEnergies $1bn to ditch offshore wind in the US, electric air taxis inch closer to 'commercial readiness', and are EU electric car sales catching up with China?

Michael Holder
Michael Holder
clock 27 March 2026 • 9 min read
'War windfall': North Sea oil and gas giants enjoy £73bn share value surge
Energy

'War windfall': North Sea oil and gas giants enjoy £73bn share value surge

Greenpeace analysis reveals how oil and gas companies are set to profit from spike in fossil fuel prices, as campaign urges government to maintain windfall tax

James Murray
James Murray
clock 27 March 2026 • 4 min read