Renewable Energy Sees Strong Growth But Not Enough A coal rebound, high energy demand, lack of ambitious goals, and multiple financial, political, and social challenges threaten clean energy growth. The renewable energy sector saw record growth in 2021 but the International Energy Agency (IEA) forecasts that the ongoing surge in investments won't be enough to put the world on track for net-zero emissions by 2050. The IEA's "Renewables 2021" report forecasts that by 2026, global renewable electricity capacity will reach 4,800 gigawatts (GW), a 60% increase from 2020 levels. That means that over the next few years, the world should be able to produce more than half of its electricity from renewable sources, up from nearly 37% at the end of 2020. However, to avoid a climate catastrophe, renewable energy capacity would need to grow twice as fast and, on top of that, biofuels and the use of renewable space heating would need to grow exponentially. When it comes to growth,