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Wind and Solar Power Demand Expected to Soar

Wind and Solar Power Demand Expected to Soar

Posted on July 31, 2022 By NewsEditor
Wind and Solar Power Demand Expected to Soar



Rob Barnett, senior analyst with Bloomberg Intelligence, says with strong policy support and increasingly favorable economics, the pace of solar capacity additions could accelerate 15-30% in 2022. This follows a record 2021, during which the industry expanded more than 25%, based on initial year-end assessments. Conversely, wind manufacturers could see sales stagnate or decline slightly in 2022, though the industry may be poised to grow 3-4x later this decade, driven higher by net-zero goals and clean energy policies.
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Originally published at https://www.youtube.com/watch?v=hPFhIxpNsX8

originally published at Energy Archives - Social Gov

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This news story originally appeared at Energy - Flex Living Space on31 July 2022

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