Green energy transition: Why analysts are calling for governments to go 'beyond market economics'

Cecilia Keating
clock • 5 min read
The rate of solar additions will continue to rise next year, according to the IEA | Credit iStock
Image:

The rate of solar additions will continue to rise next year, according to the IEA | Credit iStock

Renewable power is set to dominate European power generation this decade, but significantly more policy momentum is required to boost wind, solar and hydro’s share of primary demand, analysis finds

The remarkably rapid march of renewable power could see it become the backbone of much of the global electricity system by as soon as the end of this decade - but concerted policy action is still needed...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Energy

Study: Oil and gas exploration booming despite global pact to 'transition away' from fossil fuels

Study: Oil and gas exploration booming despite global pact to 'transition away' from fossil fuels

UK is among a group of five richer nations which have together issued two-thirds of oil and gas licenses since 2020, according to the IISD

Cecilia Keating
clock 24 July 2024 • 3 min read
IEA: Global coal demand set to remain broadly flat over next two years

IEA: Global coal demand set to remain broadly flat over next two years

Despite rapidly expanding renewables capacity worldwide, surging demand for electricity is expected to keep coal demand on an even keel in 2024 and 2024

Michael Holder
clock 24 July 2024 • 4 min read
2030 clean power goal a 'substantial challenge', energy experts warn

2030 clean power goal a 'substantial challenge', energy experts warn

New analysis details how meeting Labour's clean power target depends on a huge ramping up of clean energy development

Cecilia Keating
clock 22 July 2024 • 5 min read