IEA has bright outlook for solar energy
VALENCIA, SPAIN - Solar power could make up 25 percent of global electricity production by 2050, the executive director of the International Energy Agency said in Spain.
The IEA's Nobuo Tanaka said solar power has the potential to significantly reduce energy-related greenhouse gas emissions in the coming decades.
"The combination of solar photovoltaics and concentrating solar power offers considerable prospects for enhancing energy security while reducing energy-related carbon dioxide emissions by almost 6 billion tons per year by 2050," he added.
He spoke during a Mediterranean Solar Plan Conference hosted in Valencia by the Spanish presidency of the European Union.
Tanaka said effective policy and partnerships in the solar energy sector could lead to solar power supplying as much as 25 percent of global electricity production by 2050.
The executive director added that the combination of photovoltaic units on residential and commercial building could bring solar power to parity with conventional electricity within 10 years.
"This decade is crucial for effective policies to enable the development of solar electricity," he said.
Related News
Electrification Of Vehicles Prompts BC Hydro's First Call For Power In 15 Years
VANCOUVER - The Government of British Columbia (the Government or Province) has announced that BC Hydro would be moving forward with a call for new sources of 100 percent clean, renewable emission-free electricity, notably including wind and solar. The call, expected to launch in spring 2024, is BC Hydro's first call for power in 15 years and will seek power from larger scale projects.
Over the past decade, British Columbia has experienced a growing economy and population as well as a move by the housing, business and transportation sectors towards electrification. As the Government highlighted in their recent announcement, the…
