CO2 QUOTE Closing from 22-09-2026 86,39 €/T

Renewable energy market update: May 2022. Outlook for 2022 and 2023. IEA.

Renewable electricity capacity additions broke another record in 2021 and demand for biofuels almost recovered to pre-Covid levels. However, how quickly renewables can replace fossil fuels will depend on many factors. The Renewable Energy Market report forecasts new additions of global renewable energy capacity and biofuel demand for 2022 and 2023.