The “new normal”, said International Energy Agency spokesperson Heymi Bahar last May, may be a far faster expansion of renewable energy than expected, driven mainly by market forces. There has been a step-change in the growth of wind and solar power, which jumped by 45% worldwide in 2020 – and despite the pandemic this year’s production will be even higher. Even more important, hardly any other source of energy is growing at all. There was no hope of cutting emissions until non-fossil energy sources were being produced in volume to take up the slack. But costs are going up for rival sources of energy too, and so far renewables are retaining their price advantage.

Source: Ethiopian News December 13, 2021 10:43 UTC