The world needs explosive growth in renewable energy for the next three decades, despite the increased installations of wind turbines and solar panels, which won’t meet the project demand, reported Bloomberg, which sourced a study conducted by First Light Fusion.
“We need to continue building renewables at the maximum possible rate, but if we’re going to solve the problem, we need new technologies,” said Nicholas Hawker, First Light co-founder and CEO, in a Bloomberg interview.
Within the next two decades, we have to simultaneously replace current power generation from coal, natural gas and oil with zero-carbon sources, while doubling the existing output of electricity using, again, zero-carbon power sources, according to the study.
