New analysis by RMI, in partnership with the Bezos Earth Fund, reveals surging solar, wind and battery capacity out to 2030 is now in line with ambitious net-zero scenarios. The forecasts see solar and wind supplying over a third of all power by 2030 (up from around 12% currently), while the major cost declines over the past 10 years are expected to continue with solar and wind roughly halving in price again by 2030.
Complementary research from Systems Change Lab shows eight countries, ranging from Uruguay to Denmark to Namibia, are already proving this is possible, having scaled up solar and wind at rates faster than what’s needed globally to limit global warming to 1.5°C, based on IEA scenarios.
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