The global energy crisis turbocharged renewable energy growth

Right now, there’s “unprecedented momentum behind renewables,” the International Energy Agency says. Renewable power growth has been “turbocharged” by countries scrambling to tackle a global energy crisis spurred on by war in Ukraine, according to new analysis from the agency. Over just the next five years, as much renewable power is expected to come online globally as was added over the past two decades.

Renewables will make up a whopping 90 percent of electricity capacity expansion in that five-year span, according to a new report by the International Energy Agency (IEA). By 2025, renewable energy is expected to topple coal to become the world’s biggest electricity source.

Solar and wind power make up the vast majority of that...

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