THE EXPANSION OF RENEWABLES
Fossil fuel is still the major source of energy today, but renewable energies are constantly growing in capacity.
According to the International Energy Agency (IEA), Renewables 2017 publication, renewable electricity capacity is forecasted to expand by over 920 GW, an increase of 43% by 2022 if compared with 2016 data.
Such growth is mostly driven by both policy support and technology progress.
CURRENT OBTACLES TO A COMPLETE ENERGETIC TRANSITION
Fossil fuels allow a stable production of energy, covering all the energy needs at any time.
The nature of renewable energies itself makes the energy production intermittent, being it dependent on sun and wind for example.
Energy for consumption, however, needs to be available at all times without interruptions. This creates the need for storage, so as the energy produced and exceeding the current need of consumption can be accumulated and used when needed.
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