Renewables
Renewable energy is at the centre of the transition to a less carbon-intensive and more sustainable energy system. Renewables have grown rapidly in recent years, accompanied by sharp cost reductions for solar photovoltaics and wind power in particular. The electricity sector remains the brightest spot for renewables with the exponential growth of solar photovoltaics and wind in recent years, and building on the significant contribution of hydropower generation. But, electricity accounts for only a fifth of global energy consumption, and the role of renewables in the transportation and heating sectors remains critical to the energy transition.
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"format": "{y}%" } } }, "series": [{ "name": "2017", "data": [23.9, 10.3, 3.4] }, { "name": "2023", "data": [29.4, 11.8, 3.8] }] }
Source: Renewables 2018
In the Renewables 2018 forecasts, the share of renewables in meeting global energy demand is expected to grow by one-fifth in the next five years to reach 12.4% in 2023.
Renewables will have the fastest growth in the electricity sector, providing almost 30% of power demand in 2023, up from 24% in 2017. During this period, renewables are forecast to meet more than 70% of global electricity generation growth, led by solar PV and followed by wind, hydropower, and bioenergy. A modest increase in the share of renewable heat is foreseen, as robust growth in total heat demand is expected to result from continuous economic and population growth. Renewables in transport have the lowest contribution of all three sectors, with their share growing only minimally from 3.4% in 2017 to 3.8% in 2023. Although they expand by almost one-fifth over the forecast period, renewables cover only a small portion of all energy demand in transport because of ongoing petroleum product consumption
The IEA provides in-depth market analysis, policy advice and technology insights to facilitate a rapid scale-up in renewables deployment across the electricity, heat and transport sectors. The IEA works closely with governments, industry partners and the IEA’s Technology Collaboration Programmes. The system integration of variable renewable energy sources is a key focus of our work, with major contributions to global fora such as the Clean Energy Ministerial, the G7 and the G20.
The IEA provides in-depth market analysis, policy advice and technology insights to facilitate a rapid scale-up in renewables deployment across the electricity, heat and transport sectors. The IEA works closely with governments, industry partners and the IEA’s Technology Collaboration Programmes. The system integration of variable renewable energy sources is a key focus of our work, with major contributions to global fora such as the Clean Energy Ministerial, the G7 and the G20.
Our work on Renewables
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Renewables 2018
Released 8 October 2018
In-depth look at bioenergy, the world’s largest source of renewable energy, highlighting the untapped potential of sustainable, modern bioenergy -
System Integration of Renewables (SIR)
The IEA aims to identify global best practice for integrating renewable energy into power grids and the wider energy system -
Policies and Measures Database (PAMS)
The Joint IEA/IRENA database provides country-validated information on the renewables policies and measures of more than 140 countries -
Renewables Statistics
Good data is an essential component of effective policy making on renewable energy. Access our global datasets here -
IEA Partners
The IEA’s renewables work receives valuable inputs from governments, industry and technical experts through the working party (REWP) and the industry advisory board (RIAB) -
Future Scenarios for Renewables
Access our latest modelling and analysis to gain insight into potential future scenarios for renewables globally
Recent reports
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Renewables 2018
IEA’s market analysis and forecast from 2018 to 2023 on renewable energy and technologies -
20 Renewable Energy Policy Recommendations
Provide guiding principles for policy-making, based on best practice observed across IEA member states and partner countries -
Status of Power System Transformation 2018
Provides a comprehensive overview of how power plants can contribute to making power systems more flexible
News
- IEA Deputy Executive Director participates in XLIX OLADE Ministerial Meeting
15 November 2019 - 3 new IEA reports provide fresh insights into Southeast Asia’s energy future
30 October 2019 - Offshore wind to become a $1 trillion industry
25 October 2019
Events & workshops
Oct30
WebinarRenewables 2019 WebinarOnline
Oct25
PublicationOffshore Wind OutlookCopenhagen, Denmark
Oct21
PublicationRenewables 2019 Paris, France
Oct1
ConferenceGlobal Ministerial Conference on System Integration of RenewablesBerlin, Germany
Mar26
PublicationGlobal Energy & CO2 Status ReportOnline
Dec11
COP24Variable renewable energy integrationCOP24, Katowice, Poland (German Pavilion)
Dec3
High-level EventCOP24 Katowice, Poland
Oct8
PublicationRenewables 2018London, UK
Aug28
Training: Singapore Clean Energy Investment and Financing Training ProgrammeSingapore
Aug22
Statistics: Renewables Information 2018 Paris, France
Jul19
Statistics: Renewables Information 2018 OverviewParis, France
Jun20
WorkshopSystems Integration Side Event Yokohama, Japan