Wind energy and solar power push renewables

Renewables will close a bright 2019, the best of the last four years. According to the latest forecasts of the International Energy Agency (IEA), 12% of installed capacity will be added worldwide. Thus, a double-digit rate returns, after the downturn that it suffered in 2018, essentially due to regulatory changes in China and which was the first and only negative exercise that this sector has suffered since 2001. The push of renewables is produced thanks to the small boom in solar energy, which this year will pick up 17%, reaching 115 GW. “There is a dramatic decline in the cost of solar energy, as well as a sharp increase in the capacity installed in wind power. The real difference from last year is the critical ability of governments to change the trajectory of their energy policies, ”said IEA Director General Fatih Birol. This organism, based in Paris, which for years has been dedicated to studying fossil fuels, already incorporates more and more alternative energy in its analysis, a sign of the times.