Renewable energy sources grow despite pandemics

Renewable energy sources grow despite pandemics

The era of coal, oil, and gas slowly comes to an end (although not as fast as we’d all like to). Despite the pandemics, there is growth in the use and commissioning of renewable energy systems, which make coal energy generators be eclipsed by 2025.

Despite some drop in investments in the ‘green’ electricity sector, it shows growth in 2020. In numbers, it will grow by 7% by the end of the year on the global level despite that the world’s energy consumption lowered by 5%. Such a drop in use was the biggest annual since the end of World War II in 1945.

Does it mean that green energy is immune to COVID-19? Apparently, yes. In fact, it is predicted that by 2050, half of the planet’s energy will be made from renewable sources despite the unwillingness of some people to recognize that (owners of coal, gas, and oil mines, so as governments backed financially by them, especially in China, India, and Africa).

Sheer growth is seen because of the stout contribution of progressive governments with their fiscal and financial help, as well as strong moods amongst investors who keep contributing to the sector’s development all over the world, despite lockdowns in many countries coupled with the drop in flights and factory closings.