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Damon Evans
10 June 2014
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Renewable sources key to cheaper energy, says Irena

Irena advised the UN that making renewables 36% of total final energy consumption is affordable if policies are put in place

Energy supply costs could be drastically cut by doubling the share that comes from renewable sources such as wind and solar power, the latest analysis from the International Renewable Energy Agency (Irena) shows. The Abu Dhabi-based intergovernmental agency tasked with supporting renewable technologies advised the UN that doubling the share of renewable energy to 36% of total final energy consumption by 2030 is affordable and possible if governments put in place policies to promote it. This suggests a greater potential for rapid expansion in renewables than most other estimates have previously suggested. Doubling renewable energy to 36% of global energy consumption in 2030 would cut global d

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