In recent years, renewable energy has seen dramatic cost declines and large annual growth rates. While the share of renewable energy in the global fuel mix has grown, the total volume of energy produced from fossil fuels has increased as well. Are downward trends in cost enough on their own to spur more rapid growth of clean energy? What is the role for public policy, financing models, and innovation efforts across the renewable energy landscape?
On a new episode of Columbia Energy Exchange, host Jason Bordoff sits down with Adnan Z. Amin, the Director General of the International Renewable Energy Agency, to discuss IRENA’s mission and the future of renewables on the global market. Adnan Z. Amin outlines why policy still has an important role to play in the energy transition and provides his thoughts on 100% clean energy, EVs, and the importance of renewables deployment in developing countries.
Other topics discussed include the continued threat of geopolitics, how utilities will need to adapt their business models to a low-cost electricity world, and the sustainability of China’s growth model.
*This piece was originally published by the Center on Global Energy Policy, Columbia Energy Exchange.