Renewables to be fastest-growing energy segment for next 20 years

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Renewables to be fastest-growing energy segment for next 20 years – BP: “By 2030, BP expects renewables to make up 11% of world electricity generation, with the European Union having 26% of it power arising from such solutions.

It also anticipates that policy support will be sustained to help the renewables industry deploy new technologies and drive down costs. But the report cautions that the pace of penetration is likely to be constrained by a willingness and ability to meet the rapidly expanding cost of policy support as renewables scale up.”
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