How wind and solar got the best of the pandemic : vimarsana.

How wind and solar got the best of the pandemic


How wind and solar got the best of the pandemic
Nathaniel Bullard, Bloomberg
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Renewables were the only energy source to grow last year.Spencer Platt, Staff / Getty Images
Global recessions, wars, and (yes) pandemics have a way of driving down energy demand. Last year, the International Energy Agency said the collapse in global primary energy demand brought on by Covid-19 was the biggest drop since the end of World War II, itself the biggest drop since the influenza pandemic after World War I.
Something was different about this collapse, though, something that is not only unprecedented but until recently impossible in global energy. As the IEA’s latest data shows, renewable energy grew last year, and it was the only energy source that did so as consumption of gas, oil, and coal all declined. Renewables were not just an energy growth sector; they were the only energy growth sector.Not only did renewable energy grow, it did so in record fashion. The IEA’s latest data confirms something my colleagues and I have been observing since the end of 2020: renewable energy installations not only increased during the pandemic, they exceeded even the most bullish of expectations, with wind installations increasing 90% and solar increasing 23%. The IEA only expects more this year – as it says, “Exceptionally high capacity additions become the ‘new normal’ in 2021 and 2022, with renewables accounting for 90% of new power capacity expansion globally.”​​

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