Renewables Are Expected to Dominate Global Power Generation by 2040

That’s the upshot from Bloomberg New Energy Finance’s latest installment of the annual New Energy Outlook report, which models the global energy mix out to 2040. The authors predict renewables will capture 72% of the $10.2 trillion spent on new generation in the next 23 years, and will produce 51% of global power generation in 2040.

Global Electricity Generation Mix To 2040

From GTM article by Julian Spector