Global Renewables: Will Grow Through 2035

GreenEconomy: A new forecast from the U.S. Energy Information Administration (EIA) says renewable energy will grow faster than other electric generating options and will account for nearly a third of the world’s electric generating capacity by the end of 2035. In its newly released International Energy Outlook 2011 (IEO2011), the nonpartisan statistical and analytical agency within the U.S. Department of Energy says installed renewable energy capacity – including hydroelectric – will grow at a 2.7 percent annual rate through 2035.

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