IEA Warns Renewables Power Growth Will Lose Momentum In 2023

OilPrice.com | May 12, 2022 at 11:00 AM
  • Renewable power capacity additions are set to remain stable next year compared to 2022 unless new and stronger policies are adopted soon, the International Energy Agency (IEA) said in a new report on Wednesday.
  • Increased commodity and freight prices will keep costs higher compared to pre-pandemic levels this year and next, reversing a decade of cost declines.