Renewables evolution or revolution? Pace of tech investments will decide

Renewables evolution or revolution? Pace of tech investments will decide

The Star Online - Tech·2021-05-13 21:00

(Reuters) - Global investment in energy transition technologies needs to more than double over the next few decades to significantly reduce the cost of renewables, which are set to provide around 60% of the world's energy needs by 2030, industry officials say.

A breakthrough in commercial technology to decarbonise projects could reduce both project time and costs, policy advisors and company executives told the Reuters Global Markets Forum, during sessions held last week.

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