Renewable energy market update - June 2023
The key areas examined by the report include the latest data and analysis on renewable power capacity additions in 2022 – globally and for major markets – as well as forecasts for 2023 and 2024. The update will look at key topics for renewables this year and next, including how the energy crisis will affect their deployment in the EU, their impact on energy affordability, and the latest trends in the United States, China and India. It will also explore the implications of developments affecting major technologies like solar, wind and biofuels – including market dynamics, financing, energy security priorities, manufacturing and power system integration. The report provides the IEA’s latest assessment of the state of play in renewables markets since the publication of our Renewables 2022 report in December.