EIA: Nearly 25% of the world's power will come from renewables by 2018

06/26/2013 | Reuters

The International Energy Agency said the world's renewable-energy capacity will grow 40% to take nearly 25% of the electricity market by 2018, with developing economies accounting for most of the increase. By 2016, renewable energy will outdistance natural gas and nuclear, the IEA said. However, predictable policies and rules are needed for the projected growth to happen, the agency said.

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