BAKU, Azerbaijan, Apr.1. In the 10 years to 2030, Europe sees the largest progression in its share of modern renewables across all regions, with an increase of 9.3 percentage points, followed by sub-Saharan Africa (6.4 points), and North America (5.4 points), Trend reports with reference to the International Energy Agency (IEA).
In the Stated Policies Scenario, the share of modern renewables reaches around 18 percent of total final energy consumption in 2030.
In this scenario, renewable sources represent 42 percent of total electricity generation by 2030 and renewable-based electricity generation accounts for 60 percent of all modern renewable energy consumption globally at that date.
“The direct use of renewables in end-use sectors also expands in the Stated Policies Scenario, albeit at a slower pace. By 2030, the use of modern bioenergy for heating and transport approaches 25 EJ, accounting for 35 percent of modern renewable energy consumption in 2030,” said the IEA.
The agency believes that achieving the objectives of SDG target 7.2 requires significant acceleration in the reliance on renewable energy.
In the Net Zero Emissions Scenario, the share of modern renewables in total final energy consumption increases at more than three times the rate observed since 2000, reaching 32 percent by 2030. Electricity generation from renewables, led by wind and solar PV, accounts for 60 percent of the total increase in the use of modern renewable energy with renewables representing more than half of global electricity generation in 2030. Direct use of modern bioenergy for heat and transport accounts for 25 percent of modern renewable energy use in 2030, while solar thermal and geothermal together account for another 20 percent. The remaining 55 percent is from renewable electricity.
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