Paris-based International Energy Agency (IEA) has predicted that by 2020, 26% of the world’s energy will come from renewable sources (solar, wind, hydro). The agency adds that the amount will be higher than the combined energy demands of country’s like China, India, and Brazil. The prediction was based on the assumption that in the next five years, 700 gigawatts will be added to the world’s current renewable energy capacity.
Currently, the world sources 22% of its energy for renewable sources, and an increase of 1% is expected by the end of the year – that’s enough capacity to entirely power Japan twice over. Given the increasing rate of conversion from non-renewable to renewable energy, this report illustrates that we are well on our way to achieving our 2020 goal.