It shouldn’t be a surprise to anyone who has been following trends in the power industry for any length of time that renewable energy again led capacity additions over the past year. In fact, the International Energy Agency (IEA) reports that investment in clean energy has risen by 40% since 2020. It says the push to bring down emissions is a key reason, but not the only one. “The economic case for mature clean energy technologies is strong. Energy security is also an important factor, particularly in fuel-importing countries, as are industrial strategies and the desire to create clean energy jobs,” the IEA said.
