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Fakt Energy

Renewable Energy Must Continue Expanding

Although renewable energy achieved record growth, the global transition is still not moving
quickly enough to meet future electrification and climate goals.
IRENA estimates that renewable energy’s share of global electricity generation may need to
increase substantially by 2035. This would require renewable electricity production to grow to
approximately two and a half times its current level.
Achieving this level of expansion will require more than installing additional solar panels and
wind turbines. Countries will also need to invest in modern electricity grids, battery energy
storage, transmission infrastructure, electric transport, energy-efficient buildings and industrial
electrification.
Supportive government policies, accessible financing and skilled technical workers will also be
essential. These investments will allow countries to integrate larger amounts of renewable
electricity while maintaining stable and reliable power systems.

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