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RE: LeoThread 2024-10-22 09:10

in LeoFinance4 months ago

These countries are leading the way to 100% renewable electricity

By 2030, 10 countries are expected to reach or surpass the 66% wind and solar penetration level.

At least 10 countries are on track to get more than two-thirds of their electricity from wind and solar by 2030, according to the International Energy Agency.

#energy #renewable #technology

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A handful of nations have already reached — or come close to — the 100% renewables mark, including Norway, New Zealand, Iceland, Costa Rica, Kenya, Bhutan, and Paraguay. However, they relied on traditional technologies — including hydro and first-generation geothermal power plants — and most countries don’t have access to these resources in abundance.

Some others, including France, get most of their electricity from low-carbon nuclear power.

The IEA’s 2024 renewable energy stocktake focuses partly on the countries that are leading the shift to variable renewable energy technologies — primarily wind and solar, which are now the cheapest sources of generating capacity in much of the world.

Denmark is the current frontrunner, and is on track to get within touching distance of 100% renewables by the end of the decade, the IEA projects.