The key areas examined by the report include the latest data and analysis onrenewable power capacity additions in 2022- globally and for major markets -aswell as forecasts for 2023 and 2024.
The update will look at key topics for renewables this year and next, including howthe energy crisis will affect their deployment in the EU, their impact on energyaffordability, and the latest trends in the United States, China and India. It will alsoexplore the implications of developments affecting major technologies like solar,wind and biofuels – including market dynamics, financing, energy securitypriorities, manufacturing and power system integration.
The report provides the IEA’s latest assessment of the state of play in renewablesmarkets since the publication of our Renewables 2022 report in December.
In exploring the most recent market and policy developments as of April 2022, ourRenewable Energy Market Update forecasts new global renewable powercapacity additions and biofuel demand for 2023 and 2024. It also discusses keyuncertainties and policy-related implications that may affect projections for 2024and beyond.
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