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IEA: Renewables will be world’s second-largest energy source by 2018

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The International Energy Agency’s latest annual Medium-Term Renewable Energy Market Reportwas released this week, and according to current trends, renewable energy sources will collectively overtake gas as the world’s second-largest source of energy by the end of this decade.

Renewables—hydro, solar, geothermal, biofuel, and wind—are the fastest-growing energy sector, and an estimated increase in generation capacity of 40 percent over the next five years will mean that by 2018, a quarter of all energy generated globally will come from one of these sources. The majority of that amount—17 percent—will come from hydropower.
via Ars Technica

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Image: Jeffrey Turner

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