According to the latest research from IHS Markit, global PV and wind capacity will overtake natural gas by 2023 and coal by 2024.
Renewable energies will reach a share of 18% in the energy matrix in 2025
According to the latest research from IHS Markit, global PV and wind capacity will overtake natural gas by 2023 and coal by 2024.
According to the latest research carried out by IHS Markit, the next 5 years will be extremely positive for the renewable energy sector, as the following predictions show:
- 3 billion dollars in accumulated investment in the period 2021-2025 (54% in photovoltaic).
- The CAPEX of photovoltaic plants will be 40% lower in 2025 than in 2017.
- The CAPEX of onshore wind farms will be 20% lower in 2025 than in 2017.
- The CAPEX of offshore wind farms will be 15% lower in 2025 than in 2017.
- The new installed capacity will be increased by 45% in the 2021-2025 period compared to the 2015-2019 period.
- Global photovoltaic and wind capacity will surpass natural gas in 2023 and coal in 2024.
- Renewable energies will reach a share of 18% in the energy matrix in 2025.
