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ELECTRIC CARS TO INCREASE BY ALMOST 10X BY 2030: IEA
The Business Guardian
|October 26, 2023
International Energy Agency (IEA) has predicted a substantial transformation in the energy landscape by 2030 under the existing policy framework electric car on the roads worldwide, marking a significant shift in the automotive industry
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As per the International Energy Agency’s latest report, the ‘World Energy Outlook 2023,’ renewable energy’s contribution to the global electricity supply is projected to increase from its current 30 per cent to 50 per cent by 2030.
The global shift toward clean energy is an undeniable reality, and its momentum is unstoppable. It’s no longer a matter of ‘if’ but rather ‘how soon,’ and the sooner, the better for everyone,” said IEA Executive Director Faith Birol.
The report indicates that investments in new offshore wind projects are expected to triple by 2030, surpassing those in new coal- and gas-fired power plants.
Denne historien er fra October 26, 2023-utgaven av The Business Guardian.
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FLERE HISTORIER FRA The Business Guardian
The Business Guardian
Rare earth magnets scheme to place India among 'allied group of nations
Union Minister for Heavy Industries & Steel, H D Kumaraswamy on Friday, through a video release, hails Union Cabinet's approval for the scheme to promote manufacturing of sintered Rare Earth Permanent Magnets (REPM) with a financial outlay of Rs 7,280 crore emphasizing that the move will place India among the \"allied group of nations\".
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1 min
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1 min
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1 mins
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1 mins
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2 mins
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1 min
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