It is the contention of this article that solar will provide anywhere from half on upwards of renewable energy generation by 2050. The EIA forecast below depicts renewables supplying half of the world’s electricity generation by mid-century, with solar proving ¼ of the world’s electricity needs. Although the EIA International Energy Outlook is often criticized; the EIA Energy Outlook data compiled annually is often a starting point for energy industry prognosticators, like Exxon and BP, to sustainabites alike, as seen evidence of in the variations of EIA’s basic data in the last few energy mix forecasts in this article.
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EIA projects that renewables will provide nearly half of world electricity by 2050
Source: U.S. Energy Information Administration, International Energy Outlook 2019 ”In 2018, 28% of global electricity was generated from renewable energy sources, most (96%) of which was produced from hydropower, wind, and solar technologies. In its International Energy Outlook 2019 (IEO2019), the U.S. Energy Information Administration (EIA) projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest."
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