The US has overtaken the EU as the second fastest growing renewable power market for the first time over the six-year period to 2021, the International Energy Agency (IEA) said on Tuesday.
Renewable electricity generation in the EU is set to increase by 23% by 2021, according to the IEA’s latest mid-term renewable energy outlook, but the growth rate is well below the 62% recorded over the past six years.
The overall policy uncertainty concerning the EU’s 2030 climate targets influenced the outlook, the IEA said. It noted that retroactive policies and “drastic cuts” in renewable support schemes have stalled onshore wind expansion in some countries in Southern and Eastern Europe, while France and the UK, among others, face issues with grid integration and social acceptance.
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