25 Nov '11, 9am

IEA: Renewables fastest growing energy sector

Renewable energy is now firmly entrenched as the world's fastest growing energy sector, according to a major new report from the International Energy Agency released this week. The book, entitled Deploying Renewables 2011: Best and Future Policy Practice , analyses current trends in renewable energy and sets out a series of proposals designed to help governments develop effective renewable energy policy. FURTHER READING Is RenewableUK being cyber bullied? Will Vattenfall take up £150m loan for world's largest offshore wind farm? It also repeats the IEA's increasingly vocal predictions that several renewable energy technologies will become cost competitive with fossil fuels over the next decade, allowing renewables to emerge as the dominant energy technology. "As the IEA's analysis has shown, without an urgent and radical change of policy direction, the world will lock itse...

Full article: http://www.businessgreen.com/bg/news/2127695/iea-renewabl...

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